This unit investment trust fund (UITF) from the Philippines’ first universal bank has performed similarly year to date against its benchmark, the Philippine Stock Exchange Index (PSEi). The fund and its benchmark recorded losses of 23% and 24%, respectively.
This software company is known for its creative applications that have become staples for multimedia artists everywhere. However, payments for a perpetual license of its software were too expensive for users, discouraging upgrades and creating cyclical profitability for the firm.
This economic indicator helps investors gauge a country’s growth potential, acting as another vital source of capital for a country’s economic progress. It is especially important for a developing country like the Philippines.
Known for its widely popular line of confectionery items, this chocolate company decided to expand its portfolio by improving some of its core brands and venturing into a market you’d least expect it to: the healthy snack industry.
Cloud storage has been an increasingly significant cog in the modern business machine. Given the theoretically infinite volume of data that businesses have to work with, cloud storage offers a solution that relies less and less on the more asset-intensive, limited-capacity in-house servers.
Playing video games has always been a favorite pastime, but its audience grew even wider during the pandemic when everybody had to stay at home. Video game platforms have come a long way, from being available only at arcades to becoming a family activity and to becoming a popular online activity whether through computers or mobile phones.
Though rice has long been Filipinos’ staple food, low flour prices and shifting diets of the middle class are driving the growing flour demand. Based on Euromonitor, growth in per capita wheat foods in the Philippines has increased by 45% from 23.1 kg in 2014 to 33.7 kg in 2019.