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Thailand falls behind Philippines as Asia’s Strongest economy after China

Bloomberg Business

The Philippines is no longer the `sick man of Asia’, Economic Planning Secretary Arsenio Balisacan declared yesterday after the economy grew a better-than-estimated 6.9 percent last quarter from a year earlier. That capped three successive years of above-6-percent growth, placing it well ahead of Thailand, once a growth engine of Southeast Asia.

Click here are five charts that show how the Philippines pulled ahead >>