The Effect of Interest Rate Hike to Philippine Stocks

Interest rate hike, the monster in every investor's cabinet, was finally started yesterday as announced by Bangko Sentral ng Pilipinas. An increase of 25 BSP(basis point) or 0.25% was implemented.  So are we expecting another panic in the stock market now?

New and Views: PH and Japan Economy

PH Economy
For the first time since 1998, our country, the Philippines, have a budget surplus. In short, the government save some money (finally, our government became a role model to all the Filipinos). This is a sign of good governance and if sustainable will be translated to growth. Economic growth means more jobs and more jobs means more money for the common people. Some of these money, hopefully, will be invested to our stock market....Hurray!!!

For complete news, see the link below:
http://www.bworldonline.com/content.php?title=Surplus%20for%20January&id=28077


Japan Economy
Every single day since Friday last week, news about the earthquake and tsunami in Japan are bombarding us nonstop.