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Philippines bond market grows 8% in Q1

The domestic bond market grew by 7.9 percent in the first quarter as both government and corporate issuances rose on the back of positive investor sentiment prior to the declaration of a pandemic, according to the latest Asian Bond Monitor of the Asian Development Bank......»»

Category: financeSource: philstar philstarJun 25th, 2020

Demand for liquid investments boosts Philippines bond market in Q3

The domestic bond market grew strongly in the third quarter amid high liquidity in the financial system and investor appetite for liquid investments amid the pandemic, according to the Asian Development Bank......»»

Category: financeSource:  philstarRelated NewsDec 1st, 2020

IFC makes $150 million investment in UnionBank’s first social bonds

The International Finance Corp. is investing $150 million in the first social bond to be issued by Aboitiz-led Union Bank of the Philippines to help micro, small and medium-sized enterprises severely affected by the COVID-19 pandemic......»»

Category: financeSource:  philstarRelated NewsJul 23rd, 2021

Shopee rises up the ranks in YouGov& rsquo;s Most Recommended Brands for 2021

Shopee, the leading e-commerce platform in Southeast Asia and Taiwan, ranks 5th on market research firm YouGov’s Most Recommended Brands 2021 List in the Philippines......»»

Category: sportsSource:  abscbnRelated NewsJul 23rd, 2021

Hospital queue grows longer, rise in COVID-19 cases in Cebu City worries EOC

CEBU CITY, Philippines — The Cebu City Emergency Operations Center (EOC) is worried about the persistently increasing number of COVID-19 cases in the city. The city recorded 211 new cases on July 22, 2021, and the active cases rose to 1,748, surpassing that of Bohol and Negros Oriental provinces in the region. The hospital utilization […] The post Hospital queue grows longer, rise in COVID-19 cases in Cebu City worries EOC appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJul 23rd, 2021

Growing business

The Philippines has a large untapped market that fintech companies can capitalize on given conventional banks’ slow progress in offering digital financial services, according to the latest report of Moody’s Investors Services......»»

Category: financeSource:  philstarRelated NewsJul 17th, 2021

PSA opens third nat’l ID registration site in Mandaue

MANDAUE CITY, Philippines — The Philippine Statistics Authority (PSA) has opened its third PhilSys ID site in Mandaue City on Friday, July 16, 2021, on the second floor of Pacific Mall in Barangay Ibabao-Estancia. The PSA’s other two branches in Mandaue are located on the second floor of the Mandaue City Public Market and J […] The post PSA opens third nat’l ID registration site in Mandaue appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJul 16th, 2021

Del Monte Philippines gets SEC’s green light for P44.07-B IPO

Food manufacturer Del Monte Philippines Inc. has secured regulatory approval for its P44.07-billion initial public offering, which would come at a turbulent time for the stock market amid pandemic-induced uncertainties......»»

Category: financeSource:  philstarRelated NewsJul 16th, 2021

Mandaue Public Market tricycle terminal opens next week

MANDAUE CITY, Philippines — Customer traffic is expected to increase at the Mandaue City Public Market with the operation starting next week of the new tricycle terminal there. The Traffic Enforcement Agency of Mandaue (TEAM) has already painted lines and installed a tricycle terminal sign in P. Ceniza St. beside the public market. Edwin Jumao-as, […] The post Mandaue Public Market tricycle terminal opens next week appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJul 15th, 2021

Telehealth industry flourishing in Philippines...

Digital health platforms in the Philippines are expected to report a further surge in activity as the global telehealth market is expected to reach $19.5 billion by 2025......»»

Category: financeSource:  philstarRelated NewsJul 10th, 2021

Philippines pork imports may reach 425,000 MT this year — USDA

The Philippines is expected to import over 400,000 metric tons (MT) of pork this year, driven by improved market access, according to the United States Department of Agriculture......»»

Category: financeSource:  philstarRelated NewsJul 8th, 2021

Jollibee, DoubleDragon create largest REIT in Philippines

Tycoons Tony Tan Caktiong and Edgar “Injap” Sia II have partnered once again to create the largest real estate investment trust in the country, the CentralHub Industrial Centers Inc. which plans to list in the market in 2022......»»

Category: financeSource:  philstarRelated NewsJul 8th, 2021

Philippines debt hits record P11 trillion

The country’s total debt stock hit a new record high in May, passing the P11-trillion mark as the government borrowed more from the domestic market to finance its pandemic response......»»

Category: financeSource:  philstarRelated NewsJul 5th, 2021

BSP pushes deepening of Philippines capital market

The domestic economy’s recovery from the recession is expected to attract more foreign investors into the country, Bangko Sentral ng Pilipinas Governor Benjamin Diokno said......»»

Category: financeSource:  philstarRelated NewsJul 2nd, 2021

Government sells $3 billion bonds in return to international market

The Philippines has borrowed $3 billion from the international debt market through the issuance of long-term dollar-denominated bonds, marking its return to the global capital markets for the third time this year......»»

Category: financeSource:  philstarRelated NewsJun 29th, 2021

Philippines borrows P145.9 billion in new US dollar bond sale

The Philippines raised around P145.9 billion in new debt during its third fund raising activity offshore this year, as the Duterte administration continues to search for more cash to fund ballooning pandemic expenses......»»

Category: financeSource:  philstarRelated NewsJun 29th, 2021

Government fuels growth of bond market in Q1

The domestic bond market expanded in the first quarter, fueled by government-led issuances for pandemic relief and economic recovery, Manila-based Asian Development Bank said......»»

Category: financeSource:  philstarRelated NewsJun 26th, 2021

Philippines among AsPac leaders in personal care market

The Asia Pacific region is seen offering a bright spot in the global recovery of the beauty and personal care market, with the Philippines expected to be among the top 10 countries contributing to the growth......»»

Category: financeSource:  philstarRelated NewsJun 22nd, 2021

DOE seeks new technologies

The observed momentum in the Philippines’ renewable energy market continues to prosper, and with the local government championing this environmental shift, the transition toward an emission-free society has never looked brighter......»»

Category: financeSource:  philstarRelated NewsJun 22nd, 2021

Not all ambulant vendors will be accommodated in interim market — MOD

CEBU CITY, Philippines — Only some of the ambulant vendors of the Carbon Market will be accommodated in the temporary interim market Megawide will build for vendors of Warwick Barracks and Freedom Park. Market Operations Division (MOD) head Irvin Cabales said that regular stall owners from the said areas will all be accommodated in the […] The post Not all ambulant vendors will be accommodated in interim market — MOD appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJun 16th, 2021

Megawide promises completion of Interim market by last quarter of the year

CEBU CITY, Philippines — Construction giant, Megawide Construction Corp., promises that the interim market where vendors affected with the modernization of the Carbon Market would be transferred will be finished before the end of the year. Megawide Executive Director for Infrastructure, Louie Ferrer, said the completion is set for the last quarter of the year […] The post Megawide promises completion of Interim market by last quarter of the year appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJun 15th, 2021