Tuesday, February 19, 2013

From the ailing man of Asia to the Rising Tiger!

Philippine Stocks has proven it!

That has been the mark that has led the Philippines to its current economic rally. Its macroeconomic stability, transparency on good governance through the accountability reforms in the Philippines. This has been done by the current administration which allowed it to finally take a head start on economic growth compared with its peers in the Southeast Asia region.

This has been seen by the  World Bank Philippines Country Director Motoo Konishi last February 5, 2013. The Philippine economy maintains a strong stance despite the global uncertainty. And with the recent growth report of 6.6% in 2012, have given a brighter future for growth as evidence of investment inflows shows. In today's stock reports, the Philippines Stock Exchange celebrates a new record high for the index registering a 6,620.72. Although, the benchmark index’s valuation of 19 times projected 12- month earnings is the highest, ever since Bloomberg began compiling the data in January 2006. Please continue...



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