Corporate

Wall Street wrapped up the week on a sour note as renewed tensions between Israel and Iran rattled global markets on Friday. 

Volunteers from Lopez-led First Philippine Industrial Park (FPIP) joined the annual Brigada Eskwela pre-school opening activities of the Department of Education (DepEd) in Tanauan, Batangas, to show their support for the city hosting the world-class industrial park.

The Philippines posted a balance of payments (BOP) deficit of US$3 billion in the first three months this year, a reversal from the US$238 million surplus posted during the same period in 2024, according to data released by the Bangko Sentral ng Pilipinas (BSP). The deterioration underscores mounting external pressures on the economy, with significant implications for macroeconomic stability and international investor sentiment.