Read this in The Manila Times digital edition.
THE Philippines is among the commodity-dependent group of emerging markets (EM) with generally good fundamentals that will profit once commodity prices fall following the Russia-Ukraine conflict, according to analysts at Nomura Securities Ltd.
Nomura analysts Rob Subbaraman and Si Ying Toh wrote in a research released on Tuesday that they have recently changed to a more nuanced approach, aware of the hazards of assessing EM as one homogeneous group because they perceive a growing difference between EM winners and losers.
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