The Philippines still enjoys a good economic
outlook from investors, even though the stock market is entering the so-called
"bear market", Communications Secretary Herminio Coloma, Jr. said
A bear market is a market condition in which the prices of securities are falling, and widespread pessimism causes the negative sentiment to be self-sustaining. As investors anticipate losses in a bear market and selling continues, pessimism only grows.
Secretary Coloma said that the stock market is a dynamic entity driven by supply and demand.
"Ang supply and demand naman ay bunsod din ng mga puwersang umiiral sa isang ekonomiya na apektado rin naman ng nangyayari sa labas ng bansa," Secretary Coloma said.
Trade and investments are also affected by the relationship between the Philippines and other countries, as well as transactions of companies based in the Philippines and abroad, he said.
"Marami sa mga kumpanyang lumalahok sa stock market ay mayroong global operations o regional operations, kaya't ang kanilang galaw at pagnenegosyo ay apektado ng mga developments sa iba't ibang ekonomiya," he explained.
"Kaya't iyon naman ay kasama sa dynamics ng isang active na merkado at ang tinatawag na 'bear market' ay maaari din namang magbago sa darating na panahon at maging 'bull market' naman. Kasama ito sa dynamics ng isang stock market."
When it comes to economic outlook, the Palace official noted that the country has been getting investment grade ratings from global credit rating agencies.
The country also continues to get praises from other countries and wherever the President goes, he always meets with businessmen and industrialists, he said.(PCOO News Release)
A bear market is a market condition in which the prices of securities are falling, and widespread pessimism causes the negative sentiment to be self-sustaining. As investors anticipate losses in a bear market and selling continues, pessimism only grows.
Secretary Coloma said that the stock market is a dynamic entity driven by supply and demand.
"Ang supply and demand naman ay bunsod din ng mga puwersang umiiral sa isang ekonomiya na apektado rin naman ng nangyayari sa labas ng bansa," Secretary Coloma said.
Trade and investments are also affected by the relationship between the Philippines and other countries, as well as transactions of companies based in the Philippines and abroad, he said.
"Marami sa mga kumpanyang lumalahok sa stock market ay mayroong global operations o regional operations, kaya't ang kanilang galaw at pagnenegosyo ay apektado ng mga developments sa iba't ibang ekonomiya," he explained.
"Kaya't iyon naman ay kasama sa dynamics ng isang active na merkado at ang tinatawag na 'bear market' ay maaari din namang magbago sa darating na panahon at maging 'bull market' naman. Kasama ito sa dynamics ng isang stock market."
When it comes to economic outlook, the Palace official noted that the country has been getting investment grade ratings from global credit rating agencies.
The country also continues to get praises from other countries and wherever the President goes, he always meets with businessmen and industrialists, he said.(PCOO News Release)
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