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The Philippine Gross Domestic Product (GDP) posted a year-on year growth of 2.8 percent in the first quarter of 2026.
Read the latest results of #PHGDP: https://t.co/xFD7TtVREK
The Philippines' stock market is so depressed that its dividend yield is back to Lehman collapse levels. At 3.22%, the country's dividend yield is now more than two percentage points higher than the US, marking a record in a multi-decade data set. You should also know that JP Morgan is adding the Philippines to its widely followed bond indexes in early 2027 too. That could potentially catalyze international interest.
Fitch Ratings revised its outlook on the Philippines’ credit rating to negative from stable, saying the stall in public investment has created risks to economic growth https://t.co/zmF8fq8ak1
Exclusive: An agreement with the Philippines to establish a high-tech industrial hub is the Trump administration’s latest effort to lessen China’s dominance over global supply chains https://t.co/HV9sLqmuK0
Walter Schramm invested $6,000 in Amazon $AMZN stock in the late 1990s and, following a "buy and hold" strategy
He did not check his account for almost 20 years however
Thinking he had close to $100,000 by then, he checked his account, only to discover it empty
His stock was deemed "abandoned" and liquidated by the state of Delaware in 2008, through a process known as escheatment. Per the state, if you do not check your account for three years, it is deemed abandoned.
The state sold his shares for about $8,000 in 2008, and held the money for him.
Walter did receive a check for $8,000 in the end, but that was still a pittance relative to what the stock would have been worth had he checked his account regularly
The moral of the story is to check your accounts often
BSP Governor Eli M. Remolona, Jr. told BusinessWorld that the central bank has room to raise policy rates as the government’s planned catch-up spending is expected to cushion the economy from a sharper slowdown amid the energy crisis. @bworldph
https://t.co/fvP7R1WAQv
S&P Global Ratings revises its outlook on the Philippines to stable from positive, citing the impact of the energy crisis on the country’s external and fiscal positions.
Still, it affirmed the country’s “BBB+” long-term and “A-2” short-term investment grade ratings. @bworldph
Strongest El Niño on record this year?!
New ECMWF guidance shows a *75% chance of a super El Niño* by October, with some scenarios suggesting the most intense event in more than a century.
It will bring wide-reaching weather impacts that last into 2027 🧵