Philippine stocks continue to hover near multi-month lows, with inflation pressure and tight liquidity keeping buyers on the sidelines. A sizable ADB financing package for universa
Philippine stocks continue to hover near multi-month lows, with inflation pressure and tight liquidity keeping buyers on the sidelines. A sizable ADB financing package for universal health care reforms adds some support to the domestic outlook, though it has yet to change the mood on the trading floor. Sugar producers committing their entire crop to domestic use underscores the supply-side cost worries still shaping sentiment.
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