Would you invest in these four Asian bright spots?

ASIA

As India and China's economies continue to slow, investors are looking to other Asian markets. Charlotte Richards examines four of the Continent's bright spots.

Philippines HSBC currently ranks the Philippines as the world’s 44th largest economy. However if current trends continue, the bank estimates it could very well move up to 16th position by 2050. With the country’s foreign exchange reserves reaching a record high of $70bn earlier this year, the Philippines pledged $1bn to the International Monetary Fund’s crisis fund to help the eurozone’s struggling economies. Then in July Standard & Poor’s raised the country’s credit rating to a nine-year high of BB+, one step below investment grade, putting it on a par with neighbouring Indonesia. ...