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© The Financial Times Ltd 2013 FT and 'Financial Times' are trademarks of The Financial Times Ltd.
David Pilling is the Asia editor of the Financial Times. He was previously Tokyo Bureau Chief for the FT from January 2002 to August 2008. His column ranges over business, investment, politics and economics.
He joined the FT in 1990. He has worked in London as an editor, in Chile and Argentina as a correspondent and covered the global pharmaceutical and biotechnology industry.
E-mail David Pilling
A delayed take-off
The Philippines is finally picking up economic momentum, but this rapid growth has passed over the vast majority of the poor