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‘Super El Niño’ raises risks for PHL
BusinessWorld OnlineBy Justine Irish D. Tabile, Senior Reporter THE Philippines faces heightened economic risks from a potentially severe El Niño as a prolonged drought threatens agricultural production, food security, as well as water and energy supplies at a time when the[…]
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Gov’t cancels five-year FXTN offering
BusinessWorld OnlineBy Aaron Michael C. Sy, Reporter THE PHILIPPINE GOVERNMENT has canceled its planned issuance of new fixed-rate Treasury notes (FXTN) this month as borrowing costs surged and the peso further weakened. “Please be advised that the issuance of the five-year[…]
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New sin tax may drive prices of sugary drinks by around 30%
BusinessWorld OnlineTHE DEPARTMENT of Finance’s (DoF) proposal to hike taxes on sugary drinks, alcohol, and tobacco could raise prices of these products by around 30% and push inflation well beyond the central bank’s target ceiling in 2027, Chinabank Research said. In[…]
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Philippines projected to be second fastest-growing economy in SE Asia until 2035
BusinessWorld OnlineTHE PHILIPPINES could emerge as Southeast Asia’s second fastest-growing major economy over the next decade, with growth averaging 5.8% through 2035, according to a report by Bain & Company, DBS Group Holdings, and Vriens & Partners. In the Southeast Asia[…]
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Aznar Shipping faces cautious market ahead of December listing
BusinessWorld OnlineCEBU-BASED Aznar Shipping Corp.’s planned initial public offering (IPO) could face a cautious market amid domestic and global economic uncertainties, although its December listing schedule may help if sentiment improves following larger offerings, stock market analysts said.
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CLFG CAPITAL CORP. (CLFG CAP) is a private investment firm based in the Philippines that seek to partner with SMEs with sound business models and strong potential for earnings growth. We provide access to capital and other services for our potential partners.
