The arrest of former President Rodrigo Duterte has yet to significantly impact the Philippine stock market, as investors remain more focused on external factors like US President Donald Trump's tariff policies, the Federal Reserve, and the broader performance of US markets.
SM Investments Corporation (SM Investments), the parent company of the SM Group, continues to reinforce its leadership in the Philippine market with significant growth across retail, banking, and integrated property sectors.
The aggressive trade strategy of President Donald Trump took a dramatic turn on Tuesday as he imposed a new 25 percent tariff on imports from Mexico and Canada, igniting a trade war with two of the United States' closest allies.
Petron Corp., the Philippines' largest oil company and sole refiner, announced Tuesday that its board has approved a plan to raise up to P32 billion this year through the public offer of peso-denominated retail bonds.
US shares retreated on Monday after President Donald Trump dashed hopes of a delay—or even a full reversal—of the increased tariff on goods imported from Mexico and Canada. This decision reignited fears of a trade war between the North American neighbors.