PH is one of world’s sexiest

Foreign businessmen, bankers, fund managers are quietly making their way into the Philippines, swelling attendance in business events in Manila and dollar inflows into local capital markets.They are making a vote of confidence on the Philippines not just with their presence but with their pockets. The peso has kept on strengthening against the dollar, while the Philippine Stock Exchange is on a roll breaking record highs. Fund manager Simon Bailey explains why: If the different countries in the world are having a party, the Philippines is the most attractive one in the room.

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