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Philippines: Investment-grade credit rating stays

Japanese debt watcher also keeps ‘stable’ outlook on Philippines MANILA, Philippines — Tokyo-based Rating and Investment Information Inc. has affirmed the Philippines’ investment-grade credit rating of BBB+ and stable outlook,  indicating a vote of confidence on the economy’s COVID-19 recovery and growth prospects over the medium term. The Japanese debt watcher said it recognized the […]

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Vietnam: M&A on cusp of post-COVID-19 surge

As global mergers and acquisitions activity continues to rebound following a pandemic-fuelled freeze, Vietnam is expected to benefit from the growth of deal-making. According to the first-quarter global review by Refinitiv, a global provider of financial market data, mergers and acquisitions (M&A) activity hit $1.3 trillion globally in the period, an increase of 94 per […]

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Vietnam: E-commerce to grow solidly in 2021

Vietnam’s e-commerce market will maintain its solid growth trajectory this year, analysts said at a ceremony announcing Vietnam’s E-Business Index within the framework of the Vietnam Online Business Forum on Tuesday. Speaking at the event, a representative from the Vietnam E-Commerce Association (VECOM) said enterprises have become more dynamic and gradually adapted to e-commerce. The growing number of […]

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ADB’s first gender bonds raise $1.14 billion

MANILA, Philippines — Asian Development Bank (ADB) has raised $1.14 billion from its first gender bond issuance to support its gender equality programs in  Asia-Pacific. ADB launched back-to-back gender bonds, raising $596 million from the sale of seven-year bond in the Canadian dollar maple market and  $542 million from the sale of 4.5-year bond in […]

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Philippines: Guidelines out for safety seal in establishments

MANILA, Philippines — Government agencies have signed the implementing guidelines for the safety seal certification to assure the public of business establishments and government offices’ compliance to the minimum public health standards set amid the pandemic. These include the departments of labor and employment, health, interior and local government, tourism  and trade. “Through the safety […]

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