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They had the smallest total net worth, $16 billion; fewest number of billionaires, just three; and lowest minimum net worth, a mere $25 million. The nation's historic political instability certainly hasn't helped, nor has the fact that the Philippine Stock Exchange has the tiniest market capitalization, an estimated $50 billion, in the region. Still the country is showing signs of life. Its stock market is up a third, making it one of the best performers in Asia this year. And foreign investors and businesses are more welcomed than in the past, thanks to President Gloria Macapagal Arroyo's policies...
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Common topics in this essay:
- Elaborate and explain the organizational structure, powers & function of the Securities Commission with a brief comparison and/or reference to the Kuala Lumpur Stock Exchange and Kuala Lumpur Commodities Exchange.
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