Macro Movements: Growth Outlook Dims; BSP Cuts Rates for Sixth Consecutive Meeting
Philippine 2026 GDP growth seen slowing further to 4.2%, below government target
BSP delivers sixth straight 25-bp rate cut, bringing benchmark to a three-year low of 4.25%
Region In Focus: Oil Prices Spike on US-Israel Attacks on Iran; Philippines Seeks ADB Backstop for NSCR
US and Israel strike Iran, closing the Strait of Hormuz and threatening Philippine pump price hikes.
Philippines seeks USD 800 mn ADB credit guarantee to secure NSCR operator payments.
Investment Insights: SEC Adopts Tiered IPO Float Framework; Globe’s Kickstart Hikes Investment in Eezee
SEC lowers minimum public float for large listing to 15%, with discretionary floor of 12% for mega-caps.
Eezee raises oversubscribed USD 5 mn pre-Series B, with Globe’s Kickstart Ventures doubling down.