Aris Dacanay is ASEAN economist at HSBC.
The Philippines has what it takes to become one of ASEAN's leading economic performers in the next five years. In much the same way a rocket needs a sturdy launchpad, the country has built a solid runway for takeoff by embarking on two decades of hard-earned reforms. Fueling this takeoff will be the strength of the labor force, which underpins the economy's demographic tailwinds.
