Feb. 19 (Bloomberg) -- The world’s biggest equity bull market is propelling Philippine valuations to all-time highs as international investors pile into the country’s stocks in an endorsement of President Benigno Aquino’s economic policies. Mia Saini reports on Bloomberg Television's "On The Move Asia." (Source: Bloomberg)
This is a great news to all of the Filipinos all around the globe. Pinoy is really making a history, because of his economic policy drive there were a lot of international investors wishes to do business (invest) in the country.
There is really an economic growth, according to Bloomberg; the Philippines Stock Exchange Index has climbed 13% this year. And according to them (Bloomberg), the world's biggest equity bull market is propelling Philippine valuations to all-time high as international investors pile into the country's stocks.
"The macro environment looks very positive and the Philippines probably has the cleanest government in its history," said Alistair Thompson at First State Investments.
Well done, President Aquino. It's really more fun in the Philippines!!!