Recto’s confidence boosted on PHL return in bond index

Quick Summary:

THE Philippines’s re-inclusion in JPMorgan’s Bond Index is expected to boost investor interest, drive down borrowing costs and improve bond market liquidity, according to Finance Secretary Ralph G.Recto.

The UK is also the country’s eight-largest source of tourist arrivals, the fifth-biggest source of overseas Filipino remittances and top 21st trading partner of the Philippines.

The United Kingdom (UK) is the Philippines’s top source of foreign direct investment inflows with GBP585.74 million or P44.13 billion as of end-July 2024.

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Article Details

Author / Journalist: Reine Juvierre S. Alberto

Category: BusinessStartups

Markets: PhilippinesUnited Kingdom

Topics: British Country Market Investment Index Finance Billion Philippines’s Philippines Recto Bond

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-03 @ 16:09:00 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: businessmirror.com.ph

Language: English

Article Length: 537 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 32 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Mirror

News ID: 23383800

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Main Topics: BusinessStartups

Official Website: businessmirror.com.ph

Update Frequency: 67 posts per day

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News Last Updated: 11 hours ago

Coverage Areas: Philippines

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