He also thinks the company's plan to introduce Taco Bell in the Philippines is encouraging.
The Philippines is taking a risk with this move, says the BBC's Kate McGeown in Manila.
Even the Philippines is getting upgraded to Ba2 from Ba3 on June 15.
FORBES: "Third World" No More as Emerging Markets Upgraded, Developed Markets Downgraded
As costs rise in China, the Philippines is among places manufacturers eye as an alternative.
The powerful Roman Catholic church (the Philippines is Asia's only Catholic country) has also intervened.
The Philippines is gearing up for the centennial celebrations in 1998 of the founding of the republic.
After a slow recovery from the Asian crisis of 1997 the euphoria in the Philippines is palpable.
The Philippines is made up of more than 7, 000 islands, with a population of about 95 million.
Meanwhile, the Philippines is hardly the only Southeast Asian country to experience an investment mania in recent years.
WSJ: Business Asia: Investing: It's More Frustrating in the Philippines
Retailing in the Philippines is likely to see slower growth in the near future, according to Euromonitor Plc.
Obviously, the bilateral relationship between the United States and the Philippines is one that goes back for decades.
All right, the Philippines is not Malaysia, and history seldom repeats itself exactly, in Asia or anywhere else.
If countries are like companies, the Philippines is trading at a bargain-basement price.
He says the only disarray in the Philippines is in Senator Guingona's mind.
The Philippines is trying to take from the rich and give to the poor - and do so by consensus.
The Philippines is the world's leading exporter of nurses, yet continues to have more nurses per person than Spain or Japan.
The stock market in the Philippines is up 20%, Indonesia's benchmark has gained 17%, and Thailand index has jumped more than 13%.
The Philippines is set to compete with India across the BPO board.
Pacquiao's massive popularity in his native Philippines is why companies like Nike and San Miguel beer have signed him to endorse their products.
The Philippines is struck by several typhoons and tropical storms every year, but the south of the country usually escapes the worst damage.
The Philippines is one of the few places in the world - alongside the Vatican and Malta - where divorce is still prohibited.
Though the Philippines is no stranger to floods, Saturday's downpours approached a record, with a month's worth of rain falling within six hours.
To the average American, the Philippines is either an island near Hawaii or the guys in the Bible whose giant was slain by David.
On economic issues, the Philippines is the recipient of a Millennium Challenge grant that is helping to foster greater development and opportunity within the Philippines.
More than 80% of the population in the Philippines is Catholic, and the Church has had the support of many politicians, media commentators, and businessmen.
Manila American Cemetery and Memorial in the Philippines is the largest of the overseas cemeteries, with more than 17, 000 Americans, marking World War II's Pacific Theatre.
In a sea change, some of the service work that was outsourced to places like India and the Philippines is starting to return to North America.
The Philippines is reported to have the most expensive electricity in Asia and slum homes do not have electricity meters with illegal connections costing more than standard rates.
Cheap labor from places such as India and the Philippines is seen as pulling down wages for Singaporeans, even as property buying by wealthy foreigners pushes up home prices.
WSJ: Singapore Fee Stings Wealthy House Buyers��Except Americans
Yet that is improbable, given that the Philippines is one of the world's more fervent Catholic states and half the people of Mindanao are Christian with no wish to secede.
应用推荐