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Wednesday, May 11, 2022

Will investors avoid the Philippines due to BBM win?

It is more fun criticizing





The PSE dipped the day after BBM unofficial results came out.   There were reports that JP Morgan put PHL at the bottom of their investment list in ASEAN.   Mainly because of his academic credentials

This post does not think do.  PDU30 who admitted he is not an economist made sure he got a good economic team and managed the PHL economy well.   

Philippines has large population (high consumer and  local demand) is located centrally in Pacific region, has plenty of trained work force,    The investors will stay.   

If the fundamentals are good, if PHL is a good tourist destination and costs are low here, investors will continue to come here.   The conclusions allegation are illogical and do not make good sense

The investors will not bother much as to who leads the country 

Of late, the  ambassadors of many countries have paid courtesy call to the President elect showing the fake news to be fake