Philippine Markets Newsletter

Last week, we talked about how looking at consumer loans can give us an understanding of the Philippine economy’s overall health. We discussed that by looking at consumers’ appetite for additional risk by taking out loans, it can indicate how much they are willing to spend....

Like Aboitiz Equity Ventures (AEV:PHL), this diversified conglomerate is also pivoting towards infrastructure, participating in the North Luzon Airport Consortium to improve the travel experience in Northern and Central Luzon....

Household final consumption expenditure makes up around 76% of the Philippine economy. So, to see how the economy is doing, we should also ask ourselves how the consumers are doing....

To make settling of traffic fines more convenient, the state-owned Land Bank of the Philippines launched its Landbank Link.BizPortal that allows traffic violators to pay their fines electronically...

In the previous two articles, we discussed the senate bill parameters for the establishment of the Maharlika Investment Fund (MIF) as well as its potential benefits to the economy and possible drawbacks....

This tech-focused conglomerate is pivoting towards infrastructure, joining a “super consortium” to develop the country’s primary airport....

Our last report explained the Philippines’ first possible national wealth fund, the Maharlika Investment Fund (MIF). We outlined its objectives, funding, and its array of possible investments...

This retail holding company has continued its development and growth in various areas such as grocery retail, oil and mineral exploration, real estate, and liquor distribution....

Land reclamation isn’t a modern concept in the Philippines—Manila City experienced its fair share of reclamation activities as early as the Spanish colonial period to make space for a port. And this real estate industry is continuing that practice by continuously developing its “Next Generation City.”...

The Philippine’s first investment fund, called the “Maharlika Investment Fund” (MIF), has already been approved by Congress and is awaiting President Marcos’s signature for it to be a law and officially established....

One of the Philippines’ biggest and oldest conglomerates is taking advantage of the country’s push for a better e-commerce industry. It did this with its subsidiaries’ successful digital integration posting double-digit growth for 2022....

In order to make up for the drop in economic activity in 2020, the Philippine government had to run a wide deficit. This deficit caused the national government debt to balloon....

EastWest Banking Corporation has been growing its business through strategic partnerships. In fact, Mitsubishi Motors Philippines Corporation (MMPC), the second-biggest seller of automobiles in the country, hailed Eastwest Bank as the brand’s top bank partner for 2021....

This food and beverage company capitalized on its initiatives to continue to grow amid rising inflation levels. However, looking at its as-reported data, it seems that the company’s ability to navigate challenges and making the most of its opportunities aren’t being accurately reflected....

A great way to obtain some insight into the overall financial conditions of individuals and businesses in the economy is through credit. Credit measures the current financial health of the economy by examining the risk appetite and performance of borrowers...

In 2020, we saw many companies file for initial public offerings (IPOs) despite the pandemic. That was also the same year we saw some of the biggest IPOs in Philippine history....

We previously covered in one of our reports that Philippine exported products are mainly manufactured goods at around 82%. We also talked about how this sector can give us some macro insights on the global economy....

This mining business spearheads the Philippines’ nickel ore exports. In turn, this means that it also tops the world’s market for the commodity....

The Philippine economy rebounded in 2022 and was among the fastest economies to grow in the emerging markets. Manufacturing output and service sector growth propelled the country’s economic expansion....

This power company established partnerships and expanded their renewable energy portfolio to stress the importance of continuous improvement in the firm’s operations....