Corruption woes wipe out $92.7 billion wealth in Philippine stock market: SEC
Francis Lim, chair of the Securities and Exchange Commission, recently told financial executives the billion-peso flood control project scandal had already shaken public…
Meg J. Adonis
Philippine stock exchange falls to 6,100 level on flood control, corruption woes
The benchmark Philippine Stock Exchange Index (PSEi) tumbled to 6,118.54 by the closing bell, losing 1.55 percent, or 96.29 points.
Philippines found to have highest financial misreporting rate in region
The problem, the study noted, was that Philippine society tended to place strong emphasis on social reputation despite financial hardship and literacy gaps, making it hard for…
Foreign hotel brands seen flocking to Philippines
Real estate broker Colliers Philippines last week reported that foreign-branded hotels would likely account for 56 percent of new room supply from 2025 to 2027. This is an…
US to charge 19% tariff on Philippine goods: President Trump
The new rate is still higher than the initial 17 percent announced in April.
US reaffirms defence aid for the Philippines
President Marcos on Monday met with US Defence Secretary Pete Hegseth, who hosted an enhanced honour cordon before their bilateral meeting. Sec Hegseth reiterated Washington’s…
Philippine market tagged best in Southeast Asia on slowing inflation
Inflation cooled to a five-year low of 1.3 percent in May from 1.4 percent in April due to lower utility costs.
US credit downgrade spooks Philippine stock investors
While it had opened positively, the benchmark Philippine Stock Exchange Index (PSEi) settled at 6,454.84 by the closing bell, down 0.17 percent, or 10.69 points. Juan Paolo Colet,…
Philippine fast food giant Jollibee braces for ‘indirect’ Trump tariff impact
Most of raw materials for US branches sourced locally, says group.
Philippines seen to weather US tariff shocks
Analysts note that the Philippine economy is still driven by domestic consumption.