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New president of the Philippines risks undoing recent gains

When Rodrigo Duterte became president of the Philippines on 30th June, we warned that although the fundamentals were in place for the economy to grow strongly, his election had made the outlook much less certain. With his first 100 days as president nearly up, and Duterte continuing to unnerve investors with a string of controversial comments, we think the downside risks to the outlook have increased.

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