The Securities and Exchange Commission (SEC) of the Philippines has officially assumed the chairmanship of the Association of Southeast Asian Nations (ASEAN) Capital Markets Forum (ACMF), following the handover ceremony earlier this month in Kuala Lumpur, Malaysia. Taking the helm from the...
Capital market stakeholders are seeking to tap the vast and growing mass affluent segment of young tech-savvy Filipino investors, as it presents a huge opportunity for wealth creation in the country. To enable this segment to help enlarge the country’s economic pie, a video library project was...
Two global banking giants have flagged political and fiscal challenges posing near-term risks to the Philippine economy, especially in the aftermath of a corruption scandal involving massive public spending on ineffective flood control projects in recent years. While “there is a strong pipeline...
One hundred barrels of granulated chlorine were donated to the city government of Manila to be used for its city-wide cleaning and disinfecting operations to curb diseases and viruses, especially in places with high foot traffic. Manila Mayor Francisco "Isko Moreno" Domagoso personally received the...
More Filipino workers are expected to build up their retirement funds under the Personal Equity and Retirement Account (PERA), following the enactment of the Capital Markets Efficiency Promotion Act (CMEPA). The Securities and Exchange Commission noted that, among the salient provisions of the...
Conglomerate SM Investments Corporation is leading the SM Group in its commitment to reduce plastic waste as a shared responsibility across its business units. The conglomerate recently created a working group committee that convenes and conducts regular dialogues, enjoining SM’s different...
A couple of months before the much-anticipated Capital Markets Efficiency Promotion Act (CMEPA) took effect, my friend Carmen got in touch about a five-year-plus-one placement offered by a publicly listed universal bank, promising a pretty good yield. Considering and understanding that transaction...
As sustainability regulations become more robust across Southeast Asia, Mondelēz International in the Philippines is contributing its experience and learning in plastic stewardship to support broader efforts in Southeast Asia. The company was represented during the recently held “Sustainability...
The Philippines has a "low" sovereign debt risk despite its ballooning obligations, but think tank Capital Economics cautioned that emerging markets (EMs) with better managed public finances should not rest on their laurels amid lingering fiscal strains. In a June 12 report authored by Capital...
Shell Philippines has delivered a set of 110 bike racks made from 3,000 kilograms of plastic waste around Metro Manila and Southern Luzon as part of a unique activation to help encourage sustainable mobility and spotlight the power of the circular economy. The Philippines has been hard hit by the...
To boost regional tourism by showcasing Filipino cuisine and public markets, the Department of Tourism (DOT) has launched two flagship programs—“Salo-Salo: Taste the Flavor, Experience the Culture” and the “Market Tourism: A Philippine Palengke Experience” handbook—designed to position...
Emerging market (EM) currencies, including the Philippine peso, gained versus the United States (US) dollar in the aftermath of US President Donald Trump's tariff spree, according to the think tank Capital Economics. "EM currencies have generally strengthened against the dollar since 'Liberation...
