Philippines

The current correction in Asian stock markets is likely to prove sharp, but relatively short-lived, in BMI's view. As we have been arguing since December 2006, the steepness of regional... 2007-02-28

Although the Philippines consists of more than 7,100 islands, the largest 11 make up 94% of its total land area. Of these, the biggest island, Luzon, is also the dominant entity,... 2007-02-26

Mixed signals are coming from the government but there seems to be no doubt that it will be aiming to lift growth levels even higher in the years to come if it remains in office after... 2007-02-20

BMI's analysis shows that the correlation between yen weakness and Nikkei strength is still playing out. The Nikkei 225 index rose by 0.67% on Tuesday to close at its highest level... 2007-02-13

The May 14 congressional, regional, and municipal elections will be pivotal for President Gloria Macapagal Arroyo and her reformist agenda. Although the presidency is not up for grabs,... 2007-02-07

As expected, Bangko Sentral Ng Pilipinas (BSP) kept its overnight borrowing (reverse repo) and lending (repo) rates on hold at 7.50% and 9.75% respectively on January 25, stating... 2007-01-25

Despite rallying by 42% in 2006, we believe that the Philippines' PSI index can continue to climb even higher in 2007, and breach its all-time high of 3,447.60 seen in January 1997.... 2007-01-16

Net foreign direct investment (FDI) surged by 22.5% y-o-y to US$1.96bn in January-October 2006, a figure well above the central bank (BSP)'s projection of US$1.6bn for the whole of... 2007-01-11

Asia stock markets are looking somewhat toppy in our view, after a tremendous rally in 2006 that has taken them to the highest levels since the 1997-98 meltdown, or in some cases,... 2006-12-12

The year 2007 looks set to be one of heightened political risk across Asia, owing to an election-heavy calendar. Legislative elections will be held in the Philippines (May), Thailand... 2006-12-08