Everything you've wanted to know about RP politics, but were afraid to ask.

Business on long summer break?

Posted by akosistella on March 15, 2010

By Boo Chanco | The Philippine Star

CLSA Asia Pacific Markets expressed investor sentiments on our May elections in these words: “A new president with a clear mandate and a proactive agenda will boost confidence and create a sustained market re-rating. But ultimate success lies in his/her ability to implement game-changing initiatives and steer policy direction in four key areas: knowledge-based services, infrastructure, tax collection and compliance and security.”

Our problem today, CLSA observed in a 54-paged report, lies “with the incumbent government rocked by allegations of corruption and rising dissatisfaction.” Thus, it points out, “any leadership change is likely to have a cathartic effect on the country.” They expect “a two-man joust for the presidency between Senator Benigno “Noynoy” Aquino, son of former President Corazon Aquino, and Senator Manuel “Manny” Villar.” They think Gilberto Teodoro’s ties with the current administration weaken his appeal.

Click Boo Chanco.


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