Sunday 22 April
Powered by Ajaxy
Apr 8, 2018 @ 15:48

Happy problem: PH has too much liquidity for investments – BDO

 

Investors are swimming in cash, and it’s going to power the economy to greater heights.

The Philippines is enjoying a deluge of money that’s waiting to be spent and invested to the financial markets, BDO Capital and Investment Corp. President Eduardo Francisco said.

In fact, the Philippine bourse is showing resilience given strong participation from Filipino investors.

“We actually have a good problem. There’s too much liquidity. Demand is so strong,” Francisco said during the Manila Times Business Forum.

“What’s good about this is a big chunk of the market activity, about 50%, comes from local investors. The local growth is so strong.”

Tags: , ,

Related Stories
This bank wants another record year.
Philippines and Maldives signed a deal that opens the door for direct flights between the
The growth momentum depends largely on the infrastructure push.
He's keeping fingers crossed that the trade war won't escalate further.


 

Trending News

Recommended on sister sites

Copyright © 2018 Bilyonaryo - Latest news on the richest Filipinos and Family Business.