Philippines

The Philippine peso and Indonesian rupiah look well poised to extend upon recent gains made against the US dollar as they continue to retrace from oversold territory. Indeed, the... 2008-12-08

With inflation having peaked and the central bank expected to soon begin cutting interest rates in order to support sagging economic growth (see Interest Rates On Hold As Inflation... 2008-11-25

Our sovereign risk ratings for Asia have fallen further since the August 2008 update, with most countries registering lower scores. This reflects BMI's expectations of significantly... 2008-11-21

Foreign portfolio investments in the Philippines registered a net outflow for the second month running as increased risk aversion amid the global financial crisis led to investors... 2008-11-14

Annual consumer price growth decelerated for a second consecutive month in October, to 11.2% y-o-y from a revised 11.8% in September, underscoring our view that inflation has now... 2008-11-05

The Asia-Pacific region will face some stern tests in 2008-10. While we believe that the rise of Asia arguably represents the most significant shift in wealth in five hundred years... 2008-10-31

Heightened risk aversion and a weakening growth outlook continue to push the Philippine peso towards important support in the PHP50.00/US$ area, with the unit dropping to PHP49.58/US$... 2008-10-28

Although the benchmark Philippine Stock Exchange (PSE) composite index has already shed almost 50% since reaching an all-time high of 3,896.74 on October 8 2007, we caution that further... 2008-10-23

In an effort to bolster the stability of its financial system, the Philippine government has moved to increase deposit insurance four-fold, to PHP1mn (US$20,725). The measure, announced... 2008-10-21

Annual remittance growth from overseas Filipino workers (OFWs) slowed to a five-month low in August, as the ongoing global economic slowdown began bite following two consecutive months... 2008-10-15