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Philippines: Choppy trade expected this week

MANILA, Philippines — Expect another choppy stock trading this week, as global markets react to developments in the war in Eastern Europe, particularly its underlying impact on oil and commodities prices. The benchmark Philippine Stock Exchange index (PSEi) closed higher for the second straight week last Friday, although this cut short a prior two-day upswing. […]

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Vietnam targets higher sovereign ratings by 2030

The focus is to ensure a healthy fiscal foundation and sustainable budget policy in line with Vietnam’s international commitments and good practices. The Vietnamese Government targets its sovereign ratings to reach at least Baa3 (for Moody’s) or BBB- (for S&P and Fitch) by 2030. The move is part of a proposal on improving Vietnam’s sovereign […]

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