philippines | FinanceAsia

San Miguel cements new unit with $2.2b Holcim purchase

The Philippines' largest conglomerate is splashing out on the country's largest cement manufacturer to take advantage of LafargeHolcim's withdrawal from Southeast Asia.

May 10, 2019

Foreign funds return on resilient fundamentals

The first quarter of 2019 provided some positives for the Philippines. Inflation continued downwards, adding to the election-year stimulus. Foreign investors have also returned to the domestic stock market, reflected in year-to-date net foreign inflows of P40 billion ($768 million).

By First Metro Investments

Carlos Dominguez: Steering well in the storm

After a relatively smooth year in 2017, the financial secretary of the Philippines proposed drastic reform last year over the way government approves and allocates its budget with an aim to support long-term economic growth.

April 01, 2019

Bond investors pile back into Philippines debt

2019 is shaping up well for the Philippines with February’s inflation dropping to 3.8%. Bond investors have bitten, which bodes well for corporate debt issuance in the second half of the year.

By First Metro Investment Corporation

Why Philippines said 'yes' to Dr No as central bank chief

The unexpected appointment of Benjamin Diokno as Philippines central bank governor has raised eyebrows as markets adopt a wait-and-see attitude over his doveish monetary approach.

March 06, 2019

Discover the best managed companies in Malaysia, Philippines & Thailand

Portfolio managers and buy-side analysts give their verdicts on the region's corporations. Today we see some new winners in Thailand, Maybank ranking highly in Malaysia and Ayala taking home top prizes in the Philippines.

February 28, 2019

Why upcoming elections will jolt the Philippines economy

Although 2019 is not a presidential election year, First Metro Investment Corporation’s Rabboni Francis Arjonillo predicts May’s general election will stimulate consumer confidence and the nation’s economy in the first half of this year.

By First Metro Investment Corporation

IFC and ADB invest in inaugural $410m climate bond

Two of the world’s largest development lenders kick-start 2019 with a combined $95 million investment in AC Energy’s inaugural $410 million certified climate bond, listed on the Singapore exchange.

February 08, 2019

Philippines sells $1.5b bond as US rate hike fears ebb

On the back of a buoyant market, Manila doubled what it raised from a similar dollar bond sale in 2018 and was the year's first Asia sovereign borrower out of the blocks.

January 08, 2019