Happy problem: PH has too much liquidity for investments – BDO
Investors are swimming in cash, and it’s going to power the economy to greater heights.
The Philippines is enjoying a deluge of money that’s waiting to be spent and invested to the financial markets, BDO Capital and Investment Corp. President Eduardo Francisco said.
In fact, the Philippine bourse is showing resilience given strong participation from Filipino investors.
“We actually have a good problem. There’s too much liquidity. Demand is so strong,” Francisco said during the Manila Times Business Forum.
“What’s good about this is a big chunk of the market activity, about 50%, comes from local investors. The local growth is so strong.”