The Philippine stock market is navigating a mixed outlook as the PSEi contends with renewed foreign selling, offset partially by improving domestic investor sentiment and anticipated foreign inflows into the local bond market.
Philippine financial markets are expected to remain fragile this week, with investors bracing for continued volatility as risk aversion dominates sentiment and the benchmark index struggles to regain footing above key levels.
The Philippine Stock Exchange index (PSEi) slid 1.3 percent to 6,384.58, extending profit-taking for a second session after touching seven- to nine-month highs. Even so, the benchmark remains comfortably above the 6,000 mark, keeping the broader uptrend intact and suggesting the pullback is more consolidation than reversal.
Philippine equities held their footing above the 6,000 level as caution continued to dominate trading, with analysts balancing global headwinds against pockets of domestic resilience.
Philippine equities continue to show underlying strength despite the PSEi’s recent mild pullback, which analysts view as a natural bout of profit-taking after a sharp advance.
The Orchestra of the Filipino Youth (OFY) will hold its major fundraising concert titled "Music for a Regenerative Future" on August 16, 2026, at the Proscenium at Rockwell in Makati City. Led by Maestro Gerard Salonga, the performance goes beyond showcasing musical talent as it celebrates nature, sustainability, and the collective duty to care for the environment.
Converge ICT Solutions Inc. has topped Ookla’s Speedtest Intelligence rankings for the first half of 2026, earning titles as the country’s fastest internet service provider and best for fixed latency. Its flagship FiberX service recorded leading scores across key metrics, extending the company’s winning streak that began in 2022. Company officials said the results reflect consistent infrastructure investments, as Converge continues expanding its network nationwide under the leadership of founders Dennis Anthony Uy and Maria Grace Uy.
The Department of Information and Communications Technology (DICT) has introduced a set of artificial intelligence tools tailored to help micro, small, and medium enterprises (MSMEs) in Bicol enhance their operations and competitiveness. Known as the MSME Digital Assistant, this collection of AI applications addresses key challenges commonly faced by small businesses, covering areas such as business planning, regulatory compliance, product pricing, document understanding, and digital marketing.
Long before the Sy name lit up skylines through malls, banks and skyscrapers, its story began in a quiet red-brick house in Hongxi Village, Jinjiang, China. There were no escalators, department stores or boardrooms then. Just a family home, a village and a dream waiting to cross the sea.