In a July 20 article, Philstar Biz analyzed current investor sentiment in the Philippine tech sector, concluding that greed continues to outweigh fear despite recent market turbulence. The piece, titled "More greed than fear," serves as a follow-up to the publication's earlier June 8 article questioning whether the tech bubble had burst.
The article suggests that while tech stocks have experienced heightened volatility, traders and institutional investors are not panicking. Instead, many view the dips as buying opportunities, driven by strong fundamentals in sectors like e-commerce, fintech, and business process outsourcing (BPO). The author notes that the market is pricing in future growth rather than reacting to short-term uncertainties.
Industry analysts quoted in the piece highlight that Philippine tech companies remain well-capitalized and are expanding their digital infrastructure. The report warns that a sudden shift in global risk appetite could still trigger a correction, but for now, the prevailing mood is one of confidence and optimism. Investors are closely watching central bank policy moves and global tech earnings for further direction.