Topic: Michael Spencer

Investors and voters will be looking to her to act quickly to use her mandate to pass legislation on tax reform and to privatize Transco, items that have been on her agenda for years in some cases

Philippines faces painful taxes Jul 01, 2004

The rising capacity utilization rate suggests that this trend in equipment investment should continue. If it does, then our concerns about the medium-term growth outlook will have been significantly eased

Is Thailand still an attractive market? Apr 19, 2004

If only one of them drops out, that itself might tip the balance one way or the other. Hence, they both have an incentive to wait until the very last minute to extract the most out of the other candidates

Analysis: Philippine political worries up Feb 02, 2004

Other than China, the Philippines is the only country in Asia where we expect growth to slow down next year, albeit only slightly. Despite an improving export outlook, political uncertainty is expected to dampen consumption and investment in the first half of the year. We expect growth to dip below 3 percent briefly

Analysis:Philippine vote to weigh on econ Dec 17, 2003

Stability could be restored in the second half if the election goes well. By that we mean the election itself proceeds smoothly and peacefully and the next government shares the current administration's concern for fiscal solvency. If either of these conditions aren't met, the period of weak growth and deteriorating financial conditions would likely continue through the end of the year

Analysis:Philippine vote to weigh on econ Dec 17, 2003