Philippine peso nosedives to a record low: Ps46.61

Vikas Arora is returning to the country with the German lender to replace Dino Siason.

The treasury has raised over $1bn in one day for the two and a half year offering.

The Japanese firm will invest $700m into the Philippines conglomerate as the two entities eye growth in infrastructure, energy, real estate, digital technologies, mobility and logistics.

Philippines’ Aboitiz Equity Ventures has agreed for BlackRock's Global Infrastructure Partners to take a 40% stake in Aboitiz InfraCapital; the Philippines government is ramping up infrastructure investment.

Newly appointed Bangko Sentral ng Pilipinas (BSP) governor, Felipe Medalla, tells FinanceAsia about balancing different macroeconomic objectives and choosing the right policy in the face of supply side shocks.

Bangko Sentral ng Pilipinas spent an estimated $80 million trying to support the peso after it hit a new low.