Investors are showing increased interest in ASEAN markets, particularly the Philippines. Factors driving this interest include economic growth potential, a strong consumer sector, infrastructure development, remittance flows, and potential benefits from US interest rate cuts.
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Investors are showing increased interest in ASEAN markets, particularly the Philippines. Factors driving this interest include economic growth potential, a strong consumer sector, infrastructure development, remittance flows, and potential benefits from US interest rate cuts. Investors should be aware of risks such as currency fluctuations and a global economic slowdown.
This article was created in partnership with ASEAN Exchanges. The views and opinions expressed are Beansprout’s objective and professional opinions.
Investors are increasingly turning their attention back to ASEAN markets, with the Philippine stock market catching notable interest.
The Philippines’ primary stock index, the PSEi or Philippine Stock Exchange Index, has closed above 7,400 for the first time since 2022.
This significant rise positions Philippine stocks firmly in bull market territory, reflecting a gain…