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PHILIPPINES

1 stock listed

Island nation near China, the Philippines has some US listed ADRs and a large call centre industry.

Philippines: Accessibility Policy

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Philippines: Text

PLDT

Industry: Telecom

Defensiveness: Medium: Government intervention can regulate prices or Capex

Accessible listing: NYSE

Concentration Risk: 100% Philippines

Growth: Secular growth in Population and equipment

Link: http://www.pldt.com/investor-relations

Quick note: Interesting, but a bit risky with Duterte, better to favour exposure through the holding company First Pacific with about 1/3rd of NAV Being PLDT

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