Philippines shedding ‘Asia’s Stray Cat’ image

The Philippines is beginning to shed its image as “Asia’s Stray Cat,” as it is now joining the rest of the pack of Asia’s emerging tiger economies, a Bangko Sentral ng Pilipinas (BSP) official said.

“This cat is beginning to let the world hear its mighty roar,” BSP Deputy Governor Diwa Guinigundo said in a forum titled “Bloomberg’s Quantitative Easing and Currency Volatility—What’s Next for Asean?”