circulated by www.stockmarketwatch.info
The Philippines is not your run-of-the-mill Asian country. Sure, its
economy is export driven (like that of a lot of Asian countries). Like
India, it has a lot of backroom support and call centers – mostly for
American companies. And, like the rest of Asia, both its exports and
support-center growth have taken hits from the global recession.
But the Philippines taps into a revenue source that few countries have
access to. I’m not talking about money from the IMF … or the Asian
Development Bank … or the drug trade.
The Philippines gets a big chunk of revenue from Filipinos working all
over the world.
Money sent to the Philippines by overseas workers is the most
resilient part of the country’s economy. There hasn’t been much of a
fall off in this revenue stream despite the state of the world’s
economy.
No other Asian country has this kind of insulation from the global
recession.
No wonder it’s one of the safest Asian countries to invest in.
[B]So How to Invest?[/B]
Author and Chart click on Link page :
http://www.stockmarketwatch.info/?p=152
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