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 benchmark Philippine Stock Exchange index (PSEi) could hit 7,800 points within the year as most of its 30-members have forecast earnings exceeding pre-pandemic levels.
A proposed P15.66 billion solar power facility in Barobo, Surigao del Sur will undergo public scoping on June 9, 2026, as announced by the Department of Environment and Natural Resources–Environmental Management Bureau (DENR-EMB). Developer Apolaki Four Inc. will present project details to the community and stakeholders during the consultation.
The Philippines' export sector is proving surprisingly resilient in an increasingly uncertain global economy, posting its 16th straight month of growth and giving trade officials fresh reason to double down on programs aimed at helping local exporters compete abroad.
Vietnamese President and Communist Party General Secretary Tô Lâm arrived in Manila on Sunday for a historic state visit aimed at deepening political, economic, and security ties between the Philippines and Vietnam as both countries navigate an increasingly complex regional landscape.
Japanese electronics manufacturer MinebeaMitsumi Inc. is pouring another P25 billion into its Philippine operations, reinforcing the country's position in the global semiconductor supply chain and creating an estimated 3,000 new jobs.