Philippine market sentiment stays cautious, with business optimism improving even as the news flow leans heavily on political and legal stories rather than economic drivers. On the
Philippine market sentiment stays cautious, with business optimism improving even as the news flow leans heavily on political and legal stories rather than economic drivers. On the policy side, government borrowings dropped sharply in August, the World Bank flagged concerns over unprogrammed budget funds, and the state will shoulder part of a wage hike for small businesses to protect jobs. Pump prices are set to fall after three straight weeks of increases, offering a modest relief to transport and consumer costs.
Sources
Ezbrisk weighs each event against the market reaction and publishes a verdict with an overreaction reading. How the methodology works