THE MARKET CALL (SEPTEMBER 2017)
Here are the highlights of the September issue:
Macroeconomy
We believe that the rapid spending on infrastructure and the strong domestic demand will continue to buoy the economy. The continued improvement in exports, coupled with higher inflows from OFW remittances, should push further the country’s economic expansion such that the government’s full-year target of 6.5%-7.5% will easily be hit.