The PSEi in Manila defied the broader selloff across the Asia-Pacific and closed out Wednesday with gains. And while sentiment may be improving, there are still lingering COVID-19 uncertainties clouding the Philippines' efforts to reopen, and low vaccination rates still weighing on sentiment. Jonathan Ravelas, Chief Market Strategist for BDO, joined us on Across the ASEAN to share his thoughts on what's next for Philippine markets, and the key risks he's watching out for.

<p>The PSEi in Manila defied the broader selloff across the Asia-Pacific and closed out Wednesday with gains. And while sentiment may be improving, there are still lingering COVID-19 uncertainties clouding the Philippines' efforts to reopen, and low vaccination rates still weighing on sentiment. Jonathan Ravelas, Chief Market Strategist for BDO, joined us on Across the ASEAN to share his thoughts on what's next for Philippine markets, and the key risks he's watching out for.</p>