SGX – Bolt On Transaction
*Limited Impact: Singapore Exchange (SGX)[SGX] announced that it was acquiring the remaining 80% stake in BidFX,a cloud-based on-line F/X trading...
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HKEx – Organic Growth Good, Acquisitive Growth Bad
*Positive Confluence Of Events: Hong Kong Exchanges & Clearing (388.HK) [HKEx] shares more recently have outperformed due to a confluence of...
369 Views
BDO Unibank – Is A Capital Raise Next?
*Provision Cover Being Shored Up: On May 31, 2020, BDO Unibank (BDO.PM) [BDO] announced a PHP 20 bn special loan loss provision in anticipation of...
430 Views
Philippines: Institutional Reforms that Promote Macro Stability
Legislation on rice tariffication signed by President Duterte into law allows for liberal rice imports, thus, effectively dismantling the State...
566 Views
Philippines: Sleuthing for Upside Risk to Rice CPI Post-Typhoon
We estimate rice inflation can rise (fall) by 0.26% for every 100K tons decrease (increase) of total rice inventory. Getting a ‘beta’ that...
524 Views