Markets
Shari’ah-compliant bonds touted as tool for inclusion
The Bangko Sentral ng Pilipinas (BSP), through the Islamic Finance Coordination Forum (IFCF), hosted the “Stakeholders’ Forum on Domestic Sukuk Issuance” to expand access to financing for Muslim-owned enterprises by promoting Sukuk, or Islamic bonds.
8990 Holdings files for voluntary delisting, cites market undervaluation
Mass housing developer 8990 Holdings Inc. has filed for voluntary delisting from the Philippine Stock Exchange (PSE), citing the market’s failure to fully reflect the company’s intrinsic value. This marks the second delisting on the PSE this year, following Keppel Philippines Holdings Inc.
AMD, Nvidia shares up on China sales reboot
Shares of Advanced Micro Devices (AMD) and Nvidia climbed on Tuesday after both companies announced plans to resume sales of their artificial intelligence (AI)...
BDO closes green bond offer early on strong demand
BDO Unibank Inc., the country’s largest lender by assets, said Tuesday it has cut short the offer period for its fourth peso-denominated ASEAN Sustainability Bond due to strong investor demand.
Tanduay’s journey from local distillery to World’s No. 1 Rum Brand
From the sugarcane fields of the Philippines to the global stage, Tanduay has evolved into an internationally acclaimed rum powerhouse.
