Philippines - Property sector takes high road despite looming rate hike

Started by MikeLigalig.com, February 27, 2013, 08:31:52 AM

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MikeLigalig.com

Property sector takes high road despite looming rate hike

A LOOMING interest rate hike brought on by higher inflation is threatening to cut short the bull run in the Philippine property sector. Last week, China's central bank raised interest rates-its second in over a month-and sent Asian bourses into a tailspin, with the Philippine Stock Exchange (PSE) ... (Publication: The Manila Times)

Source: Property sector takes high road despite looming rate hike
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