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Filipinos Wary of Losing Gains of Aquino Boom as Election Nears

The Philippines has notched the fastest growth since the 1970s and avoided the emerging-markets meltdown. Can the next president keep the momentum going?
The Philippines has notched the fastest growth since the 1970s and avoided the emerging-markets meltdown. Can the next president keep the momentum going?

The Philippines has notched the fastest growth since the 1970s and avoided the emerging-markets meltdown. Can the next president keep the momentum going?

Illustration: Sean McCabe/Bloomberg Markets
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For Kash Salvador, cranes mean money, and these days the coastline of Manila Bay is full of them.

The young property analyst scouts out locales for corporate clients eager to set up shop in the capital of one of Asia’s fastest-growing economies.