News Snapshot:
PHL ranks last in Asia-Pacific economic integration THE PHILIPPINES has fallen behind in economic integration in the Asia-Pacific region as it registered the poorest performance in an index measuring 17 economies’ performance in 2019. The Pacific Economic Cooperation Council (PECC) in its State of the Region Report 2021-2022 released on Monday said the Philippines’ integration performance “still has the biggest gap behind the regional average, and its convergence ranking remains the lowest amongst all 17 economies in both 2015 and 2019.” The index measures the degree of economic integration in the region based on trade of goods, investment, and tourism....
