The Philippine economy remains "sufficiently robust" and will likely withstand the impact of a global recession, economists from First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said on Tuesday.

"Most recent economic data suggest that the PH economy may weather the global recession relatively unscathed," they said in the latest issue of The Market Call, a joint publication by the investment bank and the private educational institution.

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