SIDE NOTE: Nakasakay ka na po ng eroplano 'di po ba? Na-experience mo na ba na madelay ang flight? Alam mo po bang may karapatan tayo bilang mga pasahero (ng Cebu Pacific, PAL, Air Philippines, Zest Air, at kahit na ano pa) na dapat ipaglaban? Compensation? Yes, meron din po. Read more here.
-----------------------------------------------------------------------------------------------------------------------------------
Investors and would-be-investors in the PH stock market must be excited to hear this great news! Confidence in the vibrant PH economy has not faded, to date!
-----------------------------------------------------------------------------------------------------------------------------------
Investors and would-be-investors in the PH stock market must be excited to hear this great news! Confidence in the vibrant PH economy has not faded, to date!
The Philippine stock market landed number 7 on the list of the best performing global markets in 2014. It had an increase of 22.01%, with benchmark year-end-performance set at December 23, 2014; this means the PH stock exchange index's performance may be higher than what was recorded by CNN on the last trading day, December 29; that's around (22.01% + 0.62%) = a whooping 22.63%!The PH stock market even outpaced that of neighboring Indonesia's (20.24%) at number 9.
For the common tao, or in layman's term (well, also as how a non-Economics student like me understands haha), this only means that more investors are interested to pour their cash into public companies because they know these companies may be regional economic giants. Not only are they interested, but they are optimistic that the promising economic success story of the Philippines will steal the international spotlight soon. However, here's a caveat, the article only mentioned 74 big markets; the others have not been included in the list (there are more than 190 nations in the world!).
Leading the list of top performing international markets are Argentina (54.51%) and economic giant China (43.32%). It may be recalled that this year's most valuable tech startup is Xiaomi, a Chinese smartphone maker which overtook Samsung in terms of sales units (in some countries that Samsun formerly dominated) for the first time in years, valued at 45 billion USD.
The worst global markets with biggest losses in 2014 include those of Greece (-26.62%) and Russia (-44.9%) which made headlines this year for annexing Ukraine's region Crimea. It's believed that Russia's on a recession today as an effect of the collapse of the oil prices worldwide (due to increased US supplies) and the economic sanctions imposed by countries against the political and military struggles ongoing at the proximity of Russia's borders.
