The Philippines is looking to expand its pool of individual debt investors with a new sale of retail Treasury bonds, according to people familiar with the plan.
The Philippines is looking to expand its pool of individual debt investors with a new sale of retail Treasury bonds, according to people familiar with the plan.
Ayala Corp. plans to use proceeds from Mitsubishi Corp.’s $700 million investment to cut debt, buy undervalued shares and fund growth to lift investor returns, its president said.
Ayala Corp. plans to use proceeds from Mitsubishi Corp.’s $700 million investment to cut debt, buy undervalued shares and fund growth to lift investor returns, its president said.
Electronic payment providers need to be more diligent in vetting companies that use their platforms in order to protect people from fraud, the Philippine central bank said.
Electronic payment providers need to be more diligent in vetting companies that use their platforms in order to protect people from fraud, the Philippine central bank said.
Moody’s Corp. has agreed to acquire a minority stake in Philippine Rating Services Corp. as the global credit ratings firm looks to tap the growth of debt markets in the Philippines and across Southeast Asia.
Moody’s Corp. has agreed to acquire a minority stake in Philippine Rating Services Corp. as the global credit ratings firm looks to tap the growth of debt markets in the Philippines and across Southeast Asia.
Philippine President Ferdinand Marcos Jr. will join the BRICS Summit on Sept. 12-13 as this year’s chair of the Association of Southeast Asian Nations, and push for closer ties between the two groupings.
Philippine President Ferdinand Marcos Jr. will join the BRICS Summit on Sept. 12-13 as this year’s chair of the Association of Southeast Asian Nations, and push for closer ties between the two groupings.
Philippine property developer Vista Land & Landscapes Inc., owned by billionaire Manuel Villar, said it’s looking at a slew of options to raise funds such as selling assets to meet debt obligations, including a $420 million bond that’s due next July.
Philippine property developer Vista Land & Landscapes Inc., owned by billionaire Manuel Villar, said it’s looking at a slew of options to raise funds such as selling assets to meet debt obligations, including a $420 million bond that’s due next July.
Philippine jobless rate climbed to the highest in four years as fresh graduates sought work in an economy that slowed due to a corruption scandal and the global oil shock.
Philippine jobless rate climbed to the highest in four years as fresh graduates sought work in an economy that slowed due to a corruption scandal and the global oil shock.
Philippine borrowers will face high interest rates rather than a shortage of loans, the central bank said, easing concerns that record level of government borrowing is squeezing out private businesses.
Philippine borrowers will face high interest rates rather than a shortage of loans, the central bank said, easing concerns that record level of government borrowing is squeezing out private businesses.
The Philippine central bank said it’s “closely” monitoring the impact of the Middle East conflict and weather disturbances after inflation barely eased in August.
The Philippine central bank said it’s “closely” monitoring the impact of the Middle East conflict and weather disturbances after inflation barely eased in August.
The Philippine central bank said it’s “closely” monitoring the impact of the Middle East conflict and weather disturbances after inflation barely eased in August.
The Philippine central bank said it’s “closely” monitoring the impact of the Middle East conflict and weather disturbances after inflation barely eased in August.
The Philippines is rethinking a plan to sell five-year jumbo bonds later this month as a falling peso and rising interest rates make borrowings more expensive.
The Philippines is rethinking a plan to sell five-year jumbo bonds later this month as a falling peso and rising interest rates make borrowings more expensive.
The Philippines’ stock market operator sees a reduction in stock brokerage firms should the Securities and Exchange Commission go ahead with a plan to increase capitalization requirements.
The Philippines’ stock market operator sees a reduction in stock brokerage firms should the Securities and Exchange Commission go ahead with a plan to increase capitalization requirements.
The Philippine central bank said it will be less aggressive in fighting inflation as economic growth slows, while President Ferdinand Marcos Jr. pledged to ramp up fiscal support.
The Philippine central bank said it will be less aggressive in fighting inflation as economic growth slows, while President Ferdinand Marcos Jr. pledged to ramp up fiscal support.
The Philippine government plans to borrow 3.3 trillion pesos ($54 billion) next year, up by a fifth, as it seeks to revitalize an economy rocked by the Middle East conflict and a corruption scandal.
The Philippine government plans to borrow 3.3 trillion pesos ($54 billion) next year, up by a fifth, as it seeks to revitalize an economy rocked by the Middle East conflict and a corruption scandal.
The Philippine government plans to borrow 3.3 trillion pesos ($54 billion) next year, up by a fifth, as it seeks to revitalize an economy rocked by the conflict in the Middle East and a corruption scandal.
The Philippine government plans to borrow 3.3 trillion pesos ($54 billion) next year, up by a fifth, as it seeks to revitalize an economy rocked by the conflict in the Middle East and a corruption scandal.
The Philippine central bank has limited room to increase its policy rate further after the country’s economic slump deepened in the second quarter, according to economists.
The Philippine central bank has limited room to increase its policy rate further after the country’s economic slump deepened in the second quarter, according to economists.