Jonathan Ravelas Quotes (13 Quotes)

We are seeing the government's commitment to solve its fiscal problems more aggressively. That will translate to more investments.

The recent falls should be taken as an opportunity to buy ahead of the index change in April.

The lifting of the state of emergency is a clear signal that the threats against the government have been neutralized more so this would boost financial markets, particularly the peso.

The risk to the administration seems to be dissipating ... we will probably see a more stable market next week.

The slight rejection on the three-month bills shows that government has an improved cash position.

It is a calibrated and preemptive response to rising inflation. They are more concerned with containing inflation pressures arising from higher value-added tax and crude oil prices.

This is good news but we can't say at this point that a recovery is now underway. We want to see first how exports will perform in the next two to three months before we can make any conclusion.

The strong remittances and additional government spending this year should help mitigate the adverse impact of additional taxes and high oil prices on consumer spending.

The rising geo-political risks in Iran and Nigeria have put pressure on oil prices, raising concerns that inflation might escalate again.

Fund managers are starting to liquidate their positions in the market. Given this trend, the best time to buy stocks would be during Holy Week.

The peso attempted to breach the 53 level for the first time in over two years. The next target would be for the peso to reach the 52-to-a-dollar level.

The central bank is trying to combat persistent inflationary pressures. This is a signal to the market that interest rates have bottomed out and we should expect more increases.

Because of the commitment to bring down the budget gap, investors are now rewarding the government through fresh foreign direct and portfolio investments.