Hints and tips:
...The government planning agency will present the plan to President Benigno Aquino in two or three weeks....
...“Investors are so bullish, they are forgiving many of the country’s structural sins,” says Luz Lorenzo, economist at Maybank ATR Kim Eng group....
...“It’s not a real fiscal stimulus package,” said Luz Lorenzo, the Manila-based regional economist at securities broker ATR Kim Eng....
...Luz Lorenzo, regional economist at brokerage ATR Kim Eng Securities, warned that banks may be facing pressure to further increase loan volumes to make up for lower margins caused by the rate cut....
...Investors seem to be encouraged by President Benigno “Noynoy” Aquino’s promise to curb corruption in government....
...Luz Lorenzo, regional research chief at ATR Kim Eng Securities, said reforming tax collection would take a long time, adding that it was “hard to rely on that to boost revenues in the short term”....
...Luz Lorenzo, chief economist at ATR Kim Eng Securities, said: “San Miguel’s proposal for building the water dam was rejected by the government”....
...“[We] still have got a long way to go, especially in addressing the lack of infrastructure which is really holding us back,” says Luz Lorenzo, chief economist at ATR Kim Eng, a regional brokerage....
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