PH on track to meet AEC goals

The Philippines is on track to achieving Asean (Association of Southeast Asian Nations) Economic Community (AEC) goals but its performance is moderate compared with others in the region, according to a Philippine Institute for Development Studies (PIDS) report.

PIDS senior research fellow Francis Mark Quimba, in his "How Does the Philippines Fare in Meeting Asean Economic Community Vision 2025?" study, assessed the country in terms of how it was achieving aspects of the AEC blueprint: * a highly integrated and cohesive economy (Characteristic 1); * a competitive, innovative, and dynamic Asean (Characteristic 2); * enhanced connectivity and sectoral cooperation (Characteristic 3); * a resilient, inclusive, people-oriented, and people-centered Asean (Characteristic 4); and * a global Asean (Characteristic 5).