PH seen to profit once commodity prices fall

By Mayvelin U. Caraballo

Mar 30, 2022 12:40 am

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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