PSEi Slips Amid Lack of Fresh Catalysts
Economy

PSEi Slips Amid Lack of Fresh Catalysts

Philippine stocks opened the week in negative territory, weighed down by a lack of fresh catalysts, lingering Middle East uncertainties, and a weaker peso. Investors maintained a cautious stance, awaiting clearer market direction.

This article requires PRO

This article is outside the free access window or is a special report. PRO unlocks it and the full archive.

  • TESDA Warns of 230,000 Scholarship Slot Cuts in 2027 Due to Budget Slash

    The Technical Education and Skills Development Authority (TESDA) in the Philippines has warned that approximately 230,000 scholarship slots may become unavailable in 2027 due to significant cuts in its proposed budget, raising concerns about the impact on the agency's skills development programs.

  • Uswag Ilonggo Rep. Jojo Ang pleads not guilty in graft case

    Philippine lawmaker James “Jojo” Ang Jr. pleaded not guilty to charges of graft. The Uswag Ilonggo representative personally entered his plea during arraignment and pretrial proceedings.

  • PEZA Nears P300 Billion Investment Goal Amid Surge

    The Philippine Economic Zone Authority (PEZA) is nearing its P300 billion investment target for the year, with investment approvals surging 92% to P297.14 billion from January to September. This encompasses 222 projects expected to generate $8.95 billion in exports and create 33,331 direct jobs.

  • Philippine Stocks Tumble on Soaring Inflation

    The Philippine stock market plunged after the country's September inflation rate hit a three-year high of 7.2 percent. Concerns over potential additional interest rate hikes by the central bank weighed on investor sentiment.