Doha-based investment powerhouse JTA International Investment Holding is lining up as much as USD3 billion in fresh capital for the Philippines, signaling one of the largest prospective foreign investment pushes into the country this year.
The Philippine Competition Commission (PCC) has flagged low public awareness and massive unused system capacity as key constraints limiting the competitive impact of the country’s Mobile Number Portability (MNP) law, despite early signs that it nudged telecommunications firms to sharpen their game.
Average yields on Philippine treasury bills fell at Monday’s auction, reflecting the Bangko Sentral ng Pilipinas’ recent quarter-point cut to its benchmark interest rate. The move signals easing borrowing costs for both the government and private sector amid a supportive macroeconomic backdrop.
Just hours after the US Supreme Court struck down his global tariff regime, President Donald Trump did what markets have come to expect and went bigger.