Markets
Tanduay retains World’s Top Rum spot for 9th straight year
Tanduay, the Philippine rum brand owned by tycoon Lucio Tan, has kept its title as the world’s best-selling rum for nine consecutive years, according to Drinks International Magazine.
Hormuz risk keeps peso, PSEi on edge
Philippine financial markets are heading into the week on a cautious footing as renewed threats by Iran to potentially close the Strait of Hormuz inject fresh volatility into global oil supply expectations and inflation outlooks, according to Rizal Commercial Banking Corp. chief economist Michael Ricafort.
Mynt IPO May Put Philippine Stocks Back in Play
The planned initial public offer of Mynt, the company behind GCash, could do more than raise fresh capital. It may provide the Philippine stock market with the kind of growth story it has been missing.
Markets brace for twin central bank signals
Philippine financial markets are heading into a pivotal week, with investors largely keeping their powder dry ahead of policy decisions from the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve that could shape the direction of stocks, bonds and the peso in the weeks ahead.
Easing inflation gives markets room to breath
After months of relentless pressure, Philippine financial markets may finally be getting some breathing space.
