While the Philippine stock index was hitting its next all-time high, Justin Calderon, our research analyst, went to Pampanga to see the reenactment of the crucifixion of Jesus, including penitents that flagellate themselves.
With major shifts in Qatar’s LNG trade ongoing, the country better sooner than later needs a solid base in Southeast Asia to cash in on the thriving economy of the ten-member ASEAN bloc. Thailand could be a viable option.
Investing through infrastructure funds is possibly one of the most attractive ways to take part in the upswing of Southeast Asia’s economy, mainly for the predictable and reliable long-term cash flow streams.
The throbbing exuberance witnessed at the Philippine Stock Exchange over the years since the peak of the global financial crisis created a rally that may have finally been checked, and not a moment too soon.