Southeast Asian economies in general were relatively Crisis-insensitive during the last 1-2 years. Their strong ties with global power houses China and India were an important positive factor. But there is more. In her address, Mrs. Arroyo also stressed that her country - The Philippines - did also benefit from the strong domestic market where private consumption growth has become a true growth engine.
Listen here to her address:
We have more stocks from the region in our portfolios next to Philippine San Miguel, the largest food, drinks and packaging conglomerate in Southeast Asia , like:
- Sime Darby (Malaysia) - EM Winner Portfolio
- Telekom Indonesia (Indonesia) - EM Winner Portfolio & EM Next-11 Portfolio