Markets
APECO launches EU investment drive ahead of PH-EU FTA
The Aurora Pacific Economic Zone and Freeport Authority (APECO) will launch an investment mission to Spain and Portugal this November, aiming to attract European investors for key infrastructure projects ahead of the anticipated Philippine-European Union Free Trade Agreement (PH-EU FTA).
Elon Musk’s political move causes Tesla stock fall
Investors are sending a clear message to billionaire Elon Musk: stay out of politics.
Petron bonds listed on PDEX, investor confidence underscored
Petron Corp. on Monday listed on the Philippine Dealing and Exchange Corp. (PDEX) its fixed-rate bond that raised P32 billion amid oversubscription, which underscored investor confidence on the Philippines’ largest oil company.
PSE pushes retail investing to combat gambling trend
The Philippine Stock Exchange (PSE) is ramping up efforts to attract more retail investors to the local stock market as it faces the challenge of competing with the growing popularity of online gambling and non-essential spending.
Hotel101 Global debuts on Nasdaq July 1
DoubleDragon Corp.—the brainchild of Jollibee’s Tony Tan Caktiong and Mang Inasal pioneer Injap Sia—said Tuesday that its subsidiary, Hotel101 Global, will begin trading on the Nasdaq under the ticker symbol “HBNB” starting July 1 (evening Manila time).
