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Canadian Prime Minister Stephen Harper (3rd L) and his wife Laureen is joined by Canadian Senator Tobias Enverga as they ride a jeepney during their visit at Fort Santiago in Manila November 10, 2012.
Canadian Prime Minister Stephen Harper (3rd L) and his wife Laureen is joined by Canadian Senator Tobias Enverga as they ride a jeepney during their visit at Fort Santiago in Manila November 10, 2012.
(© Cheryl Ravelo / Reuters/Reuters)

Worried about emerging markets? Try the Philippines

Investors have been making little distinction among countries during the emerging markets selloff this year – if it’s emerging, it has been tainted by capital flows, currency worries and weak stock prices. But amid the widespread disdain, one country has been getting a surprising number of bullish nods from observers: The Philippines.