While the Philippine Stock Exchange (PSE) had originally aimed to add 10 initial public offerings (IPOs) over the course of 2016, by year’s end just four had been issued, valued at a combined P49.37bn ($1.04bn) including follow-ons and secondary offerings. Although the IPO market was fairly subdued overall, with many of the sales priced lower...
What role will the Clark Green City (CGC) project play in the decentralisation process, and how will it support future growth in the country?
What kind of government support and intervention could unlock the potential of micro-, small and medium-sized enterprises (MSMEs)?
The heist was audacious, complex and surprisingly successful. In early 2016 an attempt was made to steal almost $1bn of Bangladesh central bank money held at the US Federal Reserve via a Philippine bank, a Philippine remittance company and Philippine casinos. The theft, in which $81m was taken from the account, has significant implications...
The Philippines is keen to boost foreign direct investment (FDI) inflows in the wake of robust macroeconomic growth, aiming to catch up to its regional neighbours by enacting legal, economic and tax reforms that should see new investment in the country take off. While some of these reforms have been delayed, revisions to the country’s Foreign...
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