30.01.2009 - Philippines: REITs eyed to boost stock market
From Abs-cbnnews.com: The Philippine Stock Exchange (PSE) is hoping for the Senate's approval of the proposed bill on real estate investment trusts (REITs) to expand the investment scope in the local stock market. "I am hopeful that our Senators will help our cause of developing our stock market through a bill that will introduce new investment opportunities for both our local and foreign markets," PSE president Francis Lim said in a statement..... Full Article: Source
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