Near term, I believe that selective stocks in the market have more room to rise due to improved earnings and a favorable macroeconomic backdrop. Investors cannot ignore the stepped up infrastructure spending by government which is spreading spending power throughout the countryside. While the urban centers are seeing improved employment conditions due to the sustained growth of the BPO industry, the prospects for manufacturing and industry are showing more than favorable signs such as new industrial estates being developed to accommodate entrants to the domestic manufacturing space. Rural Philippines continue to benefit from the steady albeit slower growth of OFW remittance as well as the construction of roads, bridges and port facilities. This is quite visible in parts of northern Luzon and the south of Mindanao.
Dear Everyone, Please find the CIS update form and letter below, which you will also find attached to your September 30, 2013 Statement of Account.
You may contact our Relationship Manager for Davao, Ms. Joann Babael at 082-271-0870 or email her at email@example.com for inquiries and appointments!
Releasing the 32nd issue of The Bellwether, as published by FMIC’s IAG-Research.
This is a fortnightly publication on market action and outlook.
The following are the highlights of the 32nd issue:
- Chasing the Gaming Dream
- Positioning SMPH for the Next Stage of Growth
- Universal Robina Corporation (URC) Ripe for the Picking
We are pleased to release the September issue of The Market Call, as published by the FMIC & UA&P Capital Markets Research. This is a result of an in-depth analysis on the emerging and leading trends in the global and local markets that have shaped the direction of the Philippine capital markets in the last four weeks