Philippines boom still intact despite Haiyan

The impact of the disaster befalling the Philippines is unlikely to threaten the country’s growth story, which earned it investment grade ratings.

Philippines boom still intact despite Haiyan
So far, about 10 million people have been affected by the storm and entire towns have been erased from the map.

Typhoon Haiyan, or Yolanda as it is known locally, looks like it will be a disaster on an unprecedented scale but a human one rather than an economic one.

The latest estimates suggest as many as 3,000 people could have lost their lives after the most powerful recorded storm ever to make landfall slammed into the central Philippines at the weekend.

So far, about 10 million people have been affected by the...

To continue reading, please login or register for free

Click for more on: philippines | typhoon | remittances

Print Edition

FinanceAsia Print Edition

CONFERENCES