MANILA -- The chief of the Philippines' bourse is pushing the country's central bank for an interest rate cut in order to revive a sluggish market, as a dearth of initial public offerings underscores the need for a boost in investor sentiment.
Equities
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President and CEO of the Philippine Stock Exchange Ramon Monzon said in an exclusive interview with Nikkei Asia that cuts in the key benchmark rate is vital to generate excitement among investors and lure new IPOs to the market. (Nikkei montage / Source photos by Yuki Fujita)
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