Domestic corporate bonds have a reputation as a small and obscure niche market, but 2014 was a breakthrough year when the market finally appeared to be finding its legs and growing into a major fundraising venue. Gross issuance through the Philippine Dealing and Exchange Corporation (PDEx) fixed-income exchange came to P192bn ($4.3bn) in 2014...
THE COMPANY: Lafarge Republic, Inc (LRI), formerly known as Republic Cement Corporation, was incorporated in 1966 and presently engages in the manufacturing, development and sale of cement, marble and other kinds and classes of building materials for industrial or commercial purposes. LRI is a...
Given the high risk of natural disasters in the Philippines, agricultural insurance represents a high-potential growth channel and a vital support system for the sector. For decades, the Department of Agriculture has sought to raise agri-insurance penetration through its state-run scheme. In recent years, though, a rising number of private...
THE COMPANY: Petron Corporation (PCOR) was incorporated in 1966, with a 68% controlling interest held by San Miguel Corporation. PCOR refines imported crude oil and is involved in the marketing and distribution of a variety of petroleum products in the Philippines and Malaysia.
With development dating back nearly 200 years, the Philippine insurance sector is among the region’s most mature and competitive, expanding steadily in recent years despite serious challenges in 2014. The nation remains prone to natural disasters, as evidenced by Typhoon Haiyan, a category-five storm that caused billions in damage when it...
In a move to open its banking sector to foreign investment in 2014, the Philippines eased or lifted key restrictions that had kept foreign participation at a stunted level, with gradual investments from foreign players expected over the course of 2015 and 2016.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×