Philippine market sentiment leans cautious, with traders expecting a bearish tone this week even as business optimism picks up. Policy headlines are in focus: the IMF is nudging Ma
Philippine market sentiment leans cautious, with traders expecting a bearish tone this week even as business optimism picks up. Policy headlines are in focus: the IMF is nudging Manila to broaden its tax base and skip amnesties, government borrowings fell sharply in August, and a diesel price rollback at month's end should ease transport costs slightly. The news flow remains heavy on political and legal stories, leaving the market's directional pulse muted.
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