Points out ways in which the Philippines are more like Spain, the United States and Mexico than like the rest of South-East Asia. How the country's need for foreign capital is causing it to present itself as hard-nosed Asians rather than Latinos; How the country has improved economically ...
Politically generated uncertainty continues to cloud the outlook for asset markets in the Philippines, with the benchmark sovereign U.S.$ Global 25 bond having dropped eight points since mid-January 2004 and the peso reaching an all-time low of PHP56.35/U.S.$ at one stage. Amid gathering ...