MANILA: The Philippines' roaring economy cooled in the first quarter of the year as the impacts of Super Typhoon Haiyan and other natural disasters hit harder than expected, official data showed Wednesday.
"The relatively slow growth is expected given the magnitude of the destruction," Economic Planning Secretary Arsenio Balisacan told reporters, highlighting damage particularly to the agriculture, trade and tourism sectors.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
