PH Remains Investors' Favorite

The Philippines remained an investors’ darling in 2014, with markets pricing Philippine debt paper cheaper than its similarly rated peers, data from the central bank showed. Debt spreads—or the price difference between local sovereign bonds and their equivalent US Treasuries—across the region widened in the last 12 months as money flowed away from emerging markets in favor of advanced economies. Amid the exodus , Philippine debt paper still emerged as the strongest, reports Inquirer.net.