Philippine Home Price Growth at Seven-Year Low Amid Weak Demand
Home prices in the Philippines increased at their slowest pace in seven years in the second quarter, as economic expansion decelerated and speculative buyer demand waned.
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Home prices in the Philippines increased at their slowest pace in seven years in the second quarter, as economic expansion decelerated and speculative buyer demand waned.
The Philippines is selling its first retail bonds of the year starting next week, opting for a shorter tenor as interest rates remain elevated.
The Philippines is looking to expand its pool of individual debt investors with a new issuance of Retail Treasury Bonds, according to people familiar with the plan.
The Philippinesโ rise to upper-middle-income status was supposed to mark a new phase for one of Southeast Asiaโs most closely watched emerging economies. Instead, analysts say the milestone has done little to shield the country from short-term pressures weighing on growth: sluggish public spending, delayed infrastructure, high living costs and the fallout from investigations into alleged irregularities in flood control projects. Those strains have left the Philippines looking like a regional...
Minister Uttam Kumar Reddy holds talks with Philippines Cabinet member
The Southeast Asian country's currency has plummeted amid the fallout of the Iran war and economic challenges at home.
The Philippines is rethinking a plan to sell five-year jumbo bonds later this month as a falling peso and rising interest rates make borrowings more expensive.