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.
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.
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.
With the economic boom being seen in the Philippines, nouveau wealth is appearing in the country, boosting the property market. Experts are at strife about the question whether a bubble is in formation.
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.