BSP’s Green Financing Incentives: PSE Investment Potential
BSP’s incentives for sustainable financing and reduced reserve requirements offer opportunities for PSE investors.
ADB Raises $4B with Global Bonds, Might Impact PSE Trading Positively
ADB secures $4B through global bond issuance, strengthening resources for active support to developing member countries.
SEC Approves ALI’s P50B Bond Registration (+ Technical Analysis)
Ayala Land (ALI) secures SEC approval for its P50B bond offering, allowing for loan refinancing and capital expenditure funding.
Nomura Report: BSP to Ease Rates in 2024
Nomura forecasts BSP rate cuts next year, citing inflation trends and reductions in reserve requirements as key factors.
Globe Expands 5G Reach to 11 New Countries
Globe Telecom Inc. expands 5G services to 11 countries, reaching a global footprint of 67 territories, enhancing connectivity for travelers.
US Stocks Rally as Tech Giants Lead the Way
U.S. stocks rebounded as tech shares surged, volatility hit record lows, and investors awaited key data and the Fed meeting.
Philippines: World Bank projects 6% Growth in 2023
World Bank upgrades Philippines’ growth forecast, expecting resilient domestic demand to drive economic expansion despite high inflation.
Closing Loopholes: Taxing Digital Commerce
Philippines urged to revamp tax laws for digital transactions, addressing challenges of base erosion and profit shifting, to boost revenues.
DMCI Mining Aims 1.5M WMT Nickel Ore in 2023
DMCI Mining sets sights on shipping 1.5M WMT of nickel ore in 2023, aiming to meet increasing global demand.
Oil Prices Drop, Stocks Rise
Following a rally led by Saudi Arabia, oil prices experienced a decline, while equities demonstrated a modest upward movement.
Philippine Infrastructure: Speeding Up Progress – Nomura
Nomura predicts further acceleration of Philippine infrastructure development, signaling rapid progress in the country’s growth trajectory.
Binance Faces SEC Lawsuit
Binance, largest crypto exchange, and founder face SEC lawsuit for fund mishandling and securities law violations.