Philippines gets ‘positive’ outlook from investment house

MANILA — The Philippines has a “more positive” outlook this year compared to 2018 due to stable economic growth, according to a fund manager who manages a $1.5 billion portfolio of stocks and bonds.

A prolonged delay in the passage of the 2019 budget however will be negative, said said Lundgreen Capital CEO Peter Lundgreen.

Be the first to comment

Leave a Reply

Your email address will not be published.


This site uses Akismet to reduce spam. Learn how your comment data is processed.