Philippines moves up to 70th among world's freest economies

MANILA, Philippines — The Philippines continues to post gains in terms of economic freedom, rising 6 places in the Heritage Foundation’s 2016 list, even as poor infrastructure remains to impede the country's growth.

At 70th out of 178 economies, the country improved from last year’s 76th and marked a total gain of 45 notches since a 2011 slide.