PSEi Slips Again Amid Disappointing Q3 GDP and Earnings
Economy

PSEi Slips Again Amid Disappointing Q3 GDP and Earnings

The Philippine stock market extended its decline for a third consecutive session, weighed down by disappointing third-quarter GDP figures and corporate earnings. A stronger dollar and rising Federal Reserve rate hike expectations dampened investor sentiment.

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  • Philippines: Investment Pledges Soar 83% to P628B in Q3

    Investment pledges from Filipino and foreign investors in the Philippines surged by 83% to P628.19 billion in the third quarter, according to the Philippine Statistics Authority (PSA). Overseas investor commitments more than doubled, signaling growing economic recovery prospects.