We have exactly 15 days before our new President Duterte begins his term. A new administration has always had an impact to the PSEi. According to COL Financial, here are the sectors which will be impacted by the Duterte administration:
- Consumer Sector – progressive tax systems, more foreign direct investments.
- Banking Sector – accelerate infrastructure, more foreign direct investments.
- Properties Sector – accelerate infrastructure spending, more foreign direct investments.
- Mining Sector – addressing restrictive economic provisions.