MANILA, Philippines—Senator Benigno Aquino III remains the choice of local and foreign investors as the presidential candidate who can best promote a stable investment climate, according to the latest investor survey of Dutch financial giant ING Bank.
But sentiment for Aquino’s cousin, administration candidate Gilbert Teodoro, is sharply gaining, according to the 1st Quarter 2010 ING Investor Dashboard Survey, released Wednesday.
Based on the results of the survey, the top three presidential candidates that are seen to be most acceptable to investors are: Aquino (37 percent), Teodoro (28 percent) and Sen. Manuel Villar (23 percent).
Aquino maintained his 37-percent preference share from the previous ING survey conducted in the fourth quarter of 2009.
However, Teodoro showed a sharp increase in investor preference in the latest survey, up from 17 percent in the previous quarter.
Conversely, Villar, the self-made billionaire who built a fortune from property development, dropped 7 points from the 30 percent he registered in the previous survey.
Prioritize economy
Based on the survey results, Filipino investors want the next president to prioritize economic policies, and those policies that promote education and trade relations.
The survey also showed that 40 percent of investors in the Philippines, both domestic and foreign, expect the May elections to positively impact the economy and their investment portfolios.
However, the same proportion of investors (40 percent) are not sure whether the effect of the elections will be positive or negative, a slight increase from 33 percent in the previous survey. This was attributed to the closely fought 2010 presidential race and the varying economic policies of the candidates.
When asked what policy programs the next president should prioritize in order to improve the investment climate in the Philippines, the investors’ top three choices were: The economy (79 percent), education (54 percent) and trade relations (48 percent).
The latest quarterly ING survey showed the Philippine index remaining on the “optimistic” zone for the third consecutive quarter, climbing to 139 in the first quarter of 2010 from 134 in the fourth quarter of 2009.
The Philippine index has been moving up since bottoming at 89 when the global financial crisis hit in the first quarter 2009. –Doris Dumlao, Philippine Daily Inquirer
March –
IT’S WOMEN’S MONTH!
“Respect and support women
every day of the year/s!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the recommendations of the 2021 ILO Commission of Inquiry
against serious violations of protocols of
Forced Labour and Freedom of Association.
Accept the National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands
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Monthly Observances:
Women’s Role in History Month
Weekly Observances:
Week 1: Environmental Week;
Women’s Week
Week 3: Philippine Industry and “
Made-in-the-Philippines Products Week
Last Week: Protection and Gender-Fair Treatment
of the Girl Child Week
Daily Observances:
March 8: Women’s Rights and
International Peace Day;
National Women’s Day
March 4: Employee Appreciation Day
March 15: World Consumer Rights Day
March 18: Global Recycling Day
March 21: International Day for the Elimination
of Racial Discrimination
March 23: International Day for the Right to the Truth
Concerning Gross Human Rights Violations
and for the Dignity of Victims
March 25: International Day of Remembrance of the
Victims of Slavery and the Transatlantic Slave Trade
March 27: Earth Hour
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