Containing COVID: Vaccination drive continues and additional stimulus nears legislative approval
Over 1 million people have been fully vaccinated as of the end of May
The third stimulus package seeks to allot USD 8.4B in pandemic-related subsidies
Recovery and Resilience: S&P affirms its BBB+ rating on the Philippines and assigns a ‘stable’ economic outlook
S&P Global Ratings expects a healthy economic recovery alongside strengthening fiscal performance in the PH
Deal Spotlight: Largest IPO in the Philippines, thriving REIT pipeline, and recent fundraising
Food manufacturer Monde Nissin Corp. debuted on the stock market raising USD 1B in the country’s largest IPO
Property developers Robinsons Land Corp. and Megaworld Corp. are eyeing REIT listings in the 2nd half of 2021
Great Deals E-commerce Corp. raised USD 30M in its Series B round
Investing in Artificial Intelligence (AI): National AI roadmap launched
Philippines aims to become an ‘AI Center of Excellence’ serving as a big data processing hub