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Philippines moves closer to being “upper-middle income” country: says HSBC Global ResearchMANILA (The Nation Thailand/AN...
05/06/2024

Philippines moves closer to being “upper-middle income” country: says HSBC Global Research

MANILA (The Nation Thailand/ANN): Filipino consumers are now spending less on essential goods and services, and consuming more nonessential items—a shift that’s not surprising at all as the Philippines moves closer to “upper-middle income” economy status, HSBC Global Research said.

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