The Philippines May Be One of Emerging Markets' Most Overlooked Long-Term Opportunities

RBC BlueBay argues that despite political uncertainty, higher energy prices and one of the world's weakest-performing stock markets, the Philippines retains powerful long-term structural advantages thanks to its exceptionally young population and resilient domestic economy.

• The report notes that the Philippines has been hit by corruption scandals, higher inflation following the Iran conflict and concerns over AI disrupting its large business-process outsourcing industry, contributing to depressed market valuations.
• At the same time, RBC argues that the country's demographics remain one of its greatest strengths, with a population of 117 million and a median age of just 26.8 years supporting long-term consumption and economic growth.
• While the country's large conglomerates have become increasingly conservative, the report expects future opportunities to emerge from innovative businesses capable of disrupting sectors such as finance, retail and logistics.

Read the full report for RBC BlueBay's on-the-ground assessment of the Philippine economy, equity market and long-term investment outlook.