Elixir Capital

SMC Global Power bonds maintain top credit rating | Power Philippines Philippine Rating Services Corporation (PhilRatings) has retained its PRS Aaa rating, with a stable outlook, for SMC Global Power Holdings’ outstanding bond issuances worth Php73.8..

Markets and the economy brace as the Federal Reserve's first rate hike could come in two months

PAL emerges from Chapter 11 Philippine Airlines announced on New Year’s Eve that the airline has emerged from its voluntary filing of the Chapter 11 bankruptcy.

The PCOMP declined to 7,200.88 last Monday (-1.1% d-d) as concerns over the Omicron COVID-19 variant dampened investor sentiment. Global stock markets also slipped yesterday (Hang Seng -1.6% d-d, Nikkei 225 -1.6% d-d, S&P 500 -1.9% d-d, and FTSE 100 -0.7% d-d) as investors reassess risks and evaluate the potential impact of Omicron.