Good Times Ahead Seen as Election Fever Sets In
Election fever is expected to set in later this year, when presidential candidates start to rev up their campaigns. President Benigno “Noynoy” Aquino III, whose term was marked by some economic success as seen in the rapid economic expansion over the past five years, investment-rating upgrades and increased business confidence, will step down in the middle of 2016.
Interviews with market analysts indicated that the run-up to the elections is generally a good time for corporations, especially those in the consumer and media segments, as politicians open their wallets during this primary exercise of democratic tradition.
Source: Philippine Daily Inquirer