Here are the stories that made it to ANC’s “Market Edge” (January 27, 2026).

– Philippine shares snap a two-day slide, joining most regional peers higher. This, also on the back of a narrower trade deficit in December.
– In corporate news, RL Commercial REIT (RCR) replaces Alliance Global Group (AGI) in the latest PSEi rebalancing.
– After a two month suspension, the BIR is resuming the issuance of letters of authority with new guidelines.

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