How do you assess the pace of fintech adoption in the Philippine banking sector, and how do you anticipate fintech will disrupt the global industry in the near future?
How do you assess the pace of fintech adoption in the Philippine banking sector, and how do you anticipate fintech will disrupt the global industry in the near future?
Newly approved legislation mandating a biometric national identity card is expected to help bring unbanked Filipinos into the financial fold.
Investors in the Philippine Stock Exchange (PSE) are set to have a wider range of products and trading options at their disposal, with the exchange announcing that short selling will be made available during the third quarter of this year.
The passage of Republic Act No. 9856 in 2009, otherwise known as the Real Estate Investment Trusts (REIT) Law, established the legal and regulatory framework for the development of domestic REITs, and was lauded as a significant step for the Philippines as it catches up with the rest of the world.
Two things have become clear to the PSE: global financial markets are moving quickly in terms of developing products and services, and the Philippine market possesses great potential that has yet to be fully realised.
Capital movement in the 21st century is a global phenomenon. Despite geographic controls in some places, funds flow in and out of borders, and among various asset classes, depending on the relative attractiveness of opportunities. These can be affected by interest rates, taxation, ease of access to investments, and the products and services...
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