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Tag: equities

The Philippines: One Big Broken Promise to investors

Posted on June 25, 2013 By benign0 3 Comments on The Philippines: One Big Broken Promise to investors
The Philippines: One Big Broken Promise to investors

Hardly surprising. Much of the “gains” in the Philippine economy scored by the administration’s media lackeys and spin doctors mainly on the basis of a prolonged bullish run by the share market is turning out to be no more than smoke-and-mirrors. A surging sharemarket in essence says nothing about the underlying substance of a national…

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