Philippines

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

Despite financial markets bouncing sharply across Asia over the past two days following the recent coordinated response to the unfolding crisis around the world, we continue to highlight... 2008-10-14

Asia's financial markets are enjoying a strong bounce in line with the US Dow Jones and coordinated international action to relieve tight credit conditions, but they are not out of... 2008-10-14

Asian currencies are seeing some encouraging bounces, amid a pronounced rebound in equities and a renewed weakening of the US dollar. In the short term, we could see further upside,... 2008-09-22