EPHE News and Press, iShares MSCI Philippines From 07/20/22

This research highlight summarizes the key impact papers and provides an overview the market signposts in Q2. Mainland China will continue to tighten its efficiency control over the energy-intensive industries as part of the key efforts to achieve carbon pledges. An unprecedented ...

Ferdinand Marcos Jr. won the May presidential election by a landslide while simultaneously securing key posts for his allies. The Philippine economy returned to pre-Covid levels in early 2022 after 1Q GDP rose 8.3% year-on-year. The Philippines is very susceptible to the recent gl...

The Philippines economy has shown strong growth momentum in early 2022. The surging price of world oil and gas is expected to be an important factor contributing to a further sharp deterioration in the current account balance for the calendar 2022. The easing of pandemic-related t...

As we entered 2022, many emerging markets were already hurting due to higher commodity prices and rising interest rates; then a war in eastern Europe sent shock waves through the markets. The conflict in Ukraine likely bodes poorly for Eastern Europe more broadly, expanding beyond Rus...

PLDT's recent tower sale was done at premium valuations, and this should be positive for the company in the form of higher earnings, lower debt and special dividends. The company is targeting a high-single digit percentage EBITDA growth for 2022, which I think is achievable thanks to ...

Despite a broad increase in COVID-19 infections in the ASEAN region, manufacturing conditions remained resilient in February, with the ASEAN manufacturing PMI little changed from the strong reading in January. Manufacturing conditions in the ASEAN region remained resilient in February...

The MSCI Emerging Markets Index fell 2.5% in US-dollar terms last year. In contrast, the MSCI World Index gained 18.5%, helped by strong US returns. China’s 2021 woes stemmed from a combination of shrinking credit availability, acute debt in the property sector and restrictive ...

The past week has been dominated by Omicron news as we all try to piece together the limited information we have and determine what it all means for the coming months. The RBA and BoC both hold meetings next week and will likely be armed with little more information than OPEC+ had on ...

The ASEAN region has shown a strong rebound in manufacturing output during October. As a result of the severe negative impact of the COVID-19 pandemic and widespread lockdowns and travel bans, many ASEAN economies were in deep recession during 2020. The rebound in industrial produ...

Many Southeast Asian economies have continued to be hammered by escalating new COVID-19 Delta waves during August. The economic recovery that was underway in Southeast Asia during the latter part of 2020 and early 2021 has been increasingly impacted by widespread lockdowns that have d...