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Analyst Andrew Temming of US-based investment firm Renaissance Investment Management said the firm had yet to find a stock on the Philippine Stock Exchange that they'd like to invest on.

Typhoon Haiyan's devastation would also lower the growth of the Philippine economy.

Typhoon Yolanda (International Name: Haiyan) devastated several provinces over the weekend as it cut across the Philippines packing gust winds of 275 kph.

Kampac International Chairman Charles Ampofo lauded the Philippines' economic growth.

Philippines' Robinsons Retail Holdings Inc. had decided to cut its public offering debut price by up to a third, said a report from Reuters.

According to Philippine Central Bank Governor Diwa Guinigundo, the country had been prepared for the eventual stimulus reduction by the US Federal Reserve.

The Philippine government presented opportunities for investments in the country to Chinese investors at the CAEXPO.

After the US Federal Reserve announced thw cutting back its bond buying program, investors who had entered Asia last four years ago were set in fears and had started exiting financial markets.

The Philippines' Department of Finance announced that it had begun to accept development proposals under the Philippines-Italy Debt for Development Swap Program.

The Philippine Commission on Audit asked the Department of Budget and Management to issue guidelines for the release of public funds for different local projects.

Japanese printer maker Brother Industries opened a new manufacturing plant in the Philippines.

The Japanese debt watcher raised the Philippines' credit ratings recently.

Reports said that investments in the Philippines increased by almost 40% after six months.

SM Investment Corporation shares experience an all time low since discounted share sale.

Facebook faced two major mobile ad challenges.