BIZ BUZZ: Price to pay for JPMorgan index inclusion

Everyone seems gung-ho about the Philippines entering the JPMorgan Government Bond Index on Jan. 29, 2027. Murmurs among bank treasurers, however, raise concern about the steep price that must be paid—not just by the banks but the investing public, or the bondholders, as well. We’re talking about the country’s commitment to align the local bond