Foreign outflows from emerging market Asian equities exceed 2008 outgo

Janette BarraUncategorized

FOREIGNERS resumed selling in Asian equities ex-China stocks in September as investors were deterred by US interest rate hikes, a firmer greenback and a weaker regional growth outlook. Data from stock exchanges in South Korea, India, Taiwan, the Philippines, Vietnam, Indonesia, and Thailand showed that foreigners sold equities worth a net $8.83 billion last month — their first monthly selling …

CARD Pioneer framework used as global benchmark for financial inclusion

Janette BarraUncategorized

The country’s first microinsurance company, CARD Pioneer Microinsurance Inc. (CPMI), has partnered with global accelerator Microinsurance Master to share best practices in protecting low-income households through simple, affordable and accessible insurance solutions. This is the Pioneer group’s third time to host the Microinsurance Master in the Philippines. Twenty microinsurance practitioners from 14 different countries are attending the program to learn …

Philippine Economic Growth Slows to 7.4% as Inflation Bites

Melita BreenUncategorized

⚫️ Consumer spending fell 2.7% in 2Q versus prior quarter ⚫️ Slower growth puts central bank’s tightening pace in spotlight (Photographer: Veejay Villafranca/Bloomberg) The Philippines’ economic expansion was slower-than-expected in the second quarter as the fastest inflation in almost four years hurt consumption, which is a key growth driver. Gross domestic product grew 7.4% in the three months through June …

PHILIPPINE DEVELOPMENT PLAN 2023-2028 TO PROVIDE ROADMAP TOWARDS SUSTAINED AND INCLUSIVE GROWTH — NEDA

Melita BreenUncategorized

The Philippine Development Plan 2023-2028 (PDP 2023-2028) shall provide a roadmap toward unlocking sustained and inclusive growth for the Philippine economy despite the challenges brought by health, geopolitical, and other economic shocks. This is according to the National Economic and Development Authority (NEDA), which will spearhead the Plan’s formulation, oversee its implementation, and periodically report to the President and the …

PH to accept fully-vaxxed tourists from visa-free countries starting Feb. 10

Melita BreenUncategorized

MANILA, Philippines–The Philippines will start to accept fully-vaccinated foreign leisure travelers from visa-free countries beginning February 10. Tourism Secretary Berna Romulo-Puyat made the announcement today January 28 ( Friday) after the Inter-Agency Task Force for the Management of Emerging Infectious Diseases (IATF-EID) approved the proposal of the Department of Tourism (DOT). “We at the DOT are very thankful to our …

VC ECONOMICS: WHY STARTUP VALUATIONS ARE ART WHILE DILUTION IS A SCIENCE

Melita BreenPress Releases, Uncategorized

You need to understand the investor mindset. Valuation and dilution are two intricately linked fundamental truths that all startup founders need to be aware of. Since your valuation will determine your dilution down the line, the universal goal for any founder is to maximize valuation while minimizing dilution. While this may seem like a straightforward premise, it can quickly become …

Inside The Philippines: January 2022

Melita BreenPress Releases, Uncategorized

In this month’s inside look into the Philippines – GDP growth is seen to outpace regional peers. IT-BPM sector sustains its growth trajectory and continues to drive office demand. E-commerce transactions are projected to grow at 17% per annum, attracting foreign investors. The Philippine Stock Exchange is named the best bourse in Southeast Asia in its record-breaking year. Here are …

Inside The Philippines: December 2021

Melita BreenPress Releases, Uncategorized

In this month’s inside look into the Philippines – GDP growth exceeds expectations. REITs are looking to grow their portfolios. Local conglomerates invest in the logistics industry. Andreessen Horowitz makes its first Philippine investment. Here are the country’s latest market and industry highlights. Source: www.sofcpartners.com