Markets
PSEi seen growing up to 5% by year-end – BDO Capital
The Philippine Stock Exchange index (PSEi) is expected to post modest gains of just 3 percent to 5 percent by year-end from its current level of 6,100, largely driven by the seasonal Christmas spending surge, according to Eduardo Francisco, president of BDO Capital and Investment Corp.
Wall Street end at new highs as indicators suggest Fed rate cut
U.S. stocks closed at record highs Tuesday as investors looked ahead to key inflation reports that could shape the Federal Reserve's next policy move.
T-Bill yields drop further after recent rate cut
Yields on Treasury bills continued to decline at Monday’s auction, driven by the Bangko Sentral ng Pilipinas’ (BSP) recent interest rate cut and expectations of further monetary easing.
San Miguel seeks bondholder consent for waivers of negative covenant
San Miguel Corp., one of the largest conglomerates in the Philippines, is seeking the consent of bondholders for proposed amendments to several outstanding fixed-rate Philippine Peso bonds.
Suyen and BDO: A 38-year partnership powering sustainable growth
Suyen Corp., the company behind global lifestyle brand BENCH, has exemplified sustainable business expansion through its enduring 38-year partnership with BDO Unibank.
