00:00 The Philippine economy has grown by three-quarters of the year.
00:04 According to the Philippine Statistics Authority,
00:07 the country's gross domestic product grew by 5.9% from July to September.
00:16 It was higher than the 4.3% it had in the second half of the year.
00:23 According to the PSA, the country contributed the most to the wholesale and retail trade,
00:30 repair of motor vehicles and motorcycles, financial and insurance activities, and construction.
00:36 According to the National Economic and Development Authority, Secretary Arsenio Balisacan,
00:42 the Philippines is the leading country in the emerging economies in Asia.
00:48 In addition, the government is continuing to focus on the El Niño effect,
00:55 which is expected to be stopped in the coming months.
00:59 [MUSIC PLAYING]
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