Inside the Philippines: May 2025

Macro Movements: Fitch Ratings reaffirms PH’s BBB credit rating; PEZA investment approvals soar by 112%

Fitch Ratings reaffirm the Philippines BBB credit rating

PEZA investment approvals soar 112% to PHP63.5B in 4 months


Market Movers: PCC raises M&A thresholds amid economic growth; Hotel101 Global on track for USD2.3B Nasdaq listing

PCC raises M&A notification thresholds to streamline oversight and encourage mid-sized deals

Hotel101 Global on track for USD2.3B Nasdaq listing expected within the second quarter of 2025


Deal Spotlight: GCash acquires 23.5% stake in AB Capital Securities; Mitsui & Co. Ltd eyes 20% stake in Metro Pacific

GCash owner Mynt acquires 23.5% stake in AB Capital Securities

Mitsui & Co. Ltd eyes 20% stake in Metro Pacific Tollways ahead of merger talks with San Miguel


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