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Philippines: Stable politically; growing GDP.

Publication: Market Asia Pacific
Publication Date: 01-NOV-07 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
At the moment, political stability appears to prevail in the Philippines. The controversial current president did manage to maintain solid support in the May 2007 elections in the Philippines House of Representatives. The Senate vote saw significant opposition gains, but since the House of Representatives controls any impeachment proceedings, the current president is clearly safe for the remaining three years of her term.

There continue to be charges of corrupt election practices, but the number and frequency of electoral irregularity protests has subsided.

Thus, favorable economic news is currently the focus of thinking....

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