Respondents to FinanceAsia’s Impact of Covid-19 on Credit Markets survey, in partnership with Fitch Ratings, are looking forward to a partial recovery in the fourth quarter.
Investors are on a rollercoaster ride as the spread of the COVID-19 widens globally. Looking to the future, the Philippines government is seeking to support and stimulate the nation’s economy.
Domestic demand will be the key economic driver for growth in the Philippines 2020, on the back of increased government spending, relatively benign inflation and supportive monetary policies. However, the full effects of the coronavirus outbreak are yet to be calculated.
Industrial and Commercial Bank of China (ICBC) has become one of the world’s leading banks by combining a solid foundation with strategic transformation and updating to its business.
Delisting stock and privatising is a big undertaking, but Chinese companies are increasingly using this method to both restructure and recapitalise their businesses. With the right financial partner, it can be a great opportunity to revitalise your brand.
Respondents to FinanceAsia’s inaugural Asia Credit Market Outlook for 2020, in partnership with Fitch Ratings, are cautious about what the future brings.
The Philippines is on track to meet its key 2019 targets. With one of the highest GDP’s in Asia, inflation falling to a new low, and international reserves on the rise, this should be enough to attract investors.
