Photo Release
October 26, 2006

FIRST PHILIPPINE REIT FORUM: Senator Edgardo J. Angara speaks before businessmen, land investors and real estate experts during the First Philippine Real Estate Investment Trusts (REIT) Forum held recently. Angara , chairman of the senate committee on banks, said that the financial illiteracy that afflicts most Filipinos has dampened investments, has failed to develop new financial instruments and has constricted the growth of the stock exchange. Hence, Angara calls for financial literacy so that people with money may have solid grounding not only on the real estate market but also on the whole realm of capital market.

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