Sailesh Jha
Sailesh Jha
capital elections flows pan problem related risk stock thailand
The risk is that the baht depreciates because capital flows to Thailand may slow, particularly to the stock market. We're having a problem related to how elections are going to pan out.
attention change charter create form investors likely next process quarters timing turn
Investors over the next two quarters are likely to then turn their attention to the process and timing of Charter change to create a parliamentary form of government.
bullish foresee limited months next nine political remain risks six
We foresee limited political risks over the next six to nine months and remain bullish on the Philippines.
bonds currency forecast foreign maintain stance
We maintain our constructive stance on Philippine long-term foreign currency bonds and dollar-peso forecast of 50 by year-end.