GCash’s new in-app feature for buying shares in initial public offerings (IPOs) and follow-on offerings (FOOs) is gaining traction, opening fresh growth opportunities for listed companies while making the stock market more accessible to everyday Filipinos.
Finance undersecretary Karlo Fermin Adriano described the BTr as keeper of the nation’s “passbook,” responsible for raising about 90 percent of the government’s borrowing needs—an essential task that supports everything from public services to long-term economic plans.
Shares of Alphabet jumped Tuesday after The Information reported that Meta Platforms is weighing a move to adopt Google-designed chips—a potential shake-up in the fast-moving artificial intelligence hardware race.
Average rates on Treasury bills ended mixed at Monday’s auction, with the yield on the one-year tenor continuing to drift lower amid expectations of further monetary easing.
BDO Unibank Inc., the country’s largest lender, is gearing up for a US dollar bond return as it tapped a powerhouse lineup of arrangers to engage global fixed-income investors.