Why The Philippines Will Shine Brighter This Year

The Philippine Stocks Exchange Index has broken the 6,500 level today and this gets better and better everyday. If you have been investing in stocks or equity mutual funds then you must be benefiting from this as well. Sun Life Philippines has shared this info graphic about the reasons why the Philippines will shine brighter this year. [impt text="1. Robust US dollars inflows."] This is brought to us by our family and friends abroad and as well as the Business Process Outsourcing companies who are operating here in the Philippines.[divider] [impt text="2. Lower inflation rate."] The year-to-date rate of inflation is at 3.2%. On a side note, your investments performance should be greater than 3.2% because if not, then you must consider moving your money to another kind of investment.[divider] [impt text="3. Interest rates have dropped to historic lows."] Overnite rates are now in 3.5% while 91-day Treasury bill rate is in 0.05%. 10-year bond rate and prime lending rates are in 4.36% and 5.31% respectively.[divider] [impt text="4. Both business and consumer confidence remains at all-time high."] It means business owners as well as consumers have a positive outlook to what the year has to offer both.[divider] [impt text="5. GDP Growth of 6.6%."] We are experiencing stellar economic growth due to more construction and consumption.[divider] [impt text="6. Philippines no longer as indebted as before."] We are now in the lowest debt-to-GDP ratio of about 40.5%.[divider] [impt text="7. Philippines has more money in wallet than the amount it owes."] We have about 75.3 billion peso reserves and 61.7 billion external debt.[divider] [impt text="8. Philippine Peso has strengthened"] over the years because of huge US Dollar reserves.[divider] [impt text="9. Our investment grade keeps getting better rating."] Moody's rating is BA1, S&P rates BB+ and Fitch gives the Phillipines a BB+ as well.[divider] [impt text="Best in Asia."] And of course, The Philippines is the best performing index in whole Asia for two consecutive years now.[divider] [panel-image src="http://moneygizmo.net/wp-content/uploads/2013/02/philippines-sun-brighter-this-year-2013.jpg" caption="Investing is More Fun in the Philippines!"] If you are going to ask me if it is a good time to invest, my answer is YES! We are not sure if the prices of stocks are still going upward or downward but these 10 reasons are already enough to convince everyone that there's a great chance that Philippines will continue to become the next Rising Tiger.

Mark Hugh Neri

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