ACCORDING to the New York-based think tank, Global Source, resilient remittances and post-typhoon rebuilding efforts are sustaining the momentum for a rosier economy for the Philippines.
The report also stated that the two leading presidential candidates, (based on the latest popularity polls) Sen. Noynoy Aquino and Sen. Manny Villar are both capable of managing the economy competently.
"Prospects look particularly promising for 2010 when the country will be led by a new president brought peacefully to power while the world economy gains strength. Such would usher in continued remittances, export recovery, and a honeymoon period with a new leader that could only improve the environment for investments," the report further elaborated.