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.
One of the big challenges for the growing gaming industry in Manila is airport infrastructure. Basic upgrades are necessary to adequately shuttle tourists to the enormous new gaming complexes opening in the city.
The Sultan of Sulu’s aim to take ownership of Malaysia’s eastern state of Sabah has placed Malaysian military on high alert, but the Sulu rebels from the Philippines are not the only destablilising force in the region.
The youngest district in the vast patchwork of cities that make Metro Manila says the most about the developmental progress of the Philippine capital region today. Justin Calderon shares his first impressions.
The Philippines and Indonesia at times seem to be tethered to the same wagon. Both countries sit just above or below investment-worthy credit ratings and are forecast to maintain a GDP growth rate of at least 5 per cent annually during the following decade.