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                    [Title] => EVAT, strong peso to push market significantly higher this yr — analysts
                    [Summary] => With the continued strengthening of the peso against the US dollar and the implementation of the expanded value-added tax (EVAT) law, the stock market is expected to perform significantly better this year than last year as investors start taking positions in anticipation of an improvement in the country’s fiscal position.


The stock market recently rose to its highest level in eight months as investors anticipate the country’s credit rating to improve as the EVAT law was fully implemented last month following the lifting of the freeze order by the Supreme Court. 


                    [DatePublished] => 2005-12-21 00:00:00
                    [ColumnID] => 133272
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                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
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KIM ENG CAPITAL INC

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                    [Title] => EVAT, strong peso to push market significantly higher this yr — analysts
                    [Summary] => With the continued strengthening of the peso against the US dollar and the implementation of the expanded value-added tax (EVAT) law, the stock market is expected to perform significantly better this year than last year as investors start taking positions in anticipation of an improvement in the country’s fiscal position.


The stock market recently rose to its highest level in eight months as investors anticipate the country’s credit rating to improve as the EVAT law was fully implemented last month following the lifting of the freeze order by the Supreme Court. 


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abtest

EVAT, strong peso to push market significantly higher this yr — analysts

By Zinnia B. Dela Peña | December 21, 2005 - 12:00am

With the continued strengthening of the peso against the US dollar and the implementation of the expanded value-added tax (EVAT) law, the stock market is expected to perform significantly better this year than last...

Business