MANILA -- The Philippines is an "excellent" bet, veteran emerging markets investor Mark Mobius said Friday, adding he could announce an investment in a listed Filipino firm in the next 6 months.
The country has "tremendous growth prospects" with a steady stream of dollar remittances from overseas workers fueling domestic consumption, said Mobius, whose Mobius Capital Partners manages $50 million in emerging market assets.
Read more: ABS-CBN News
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The Philippine Trade & Investment Center in Taipei is the Commercial Affairs Section of the Manila Economic and Cultural Office and the representative office of the Philippine Department of Trade & Industry in Taiwan