MANILA, Philippines – Investors went on a shopping spree for cheap stocks on Monday, ending the local stock barometer’s brief stay in the red. By the end of the session, the benchmark Philippine Stock Exchange Index had added 0.24 percent, or 14.54 points, to close at 6,052.33. READ: Weak peso pulls PSEi down Meanwhile, the
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The Bangko Sentral ng Pilipinas (BSP) may keep its easing cycle alive well into next year, hoping to jolt an economy weighed down by weak business sentiment and sluggish public spending—local pressures that have begun to eclipse external risks. Miguel Chanco, chief emerging Asia economist at London-based Pantheon Macroeconomics, called last week’s surprise quarter-point rate
Globe Telecom has activated new cell sites in Batangas to boost connectivity and support local economic growth. In a statement over the weekend, the Ayala-backed telco said it has deployed new cell sites and upgraded facilities in Lipa. Globe acknowledged the city as “one of the country’s most dynamic economies.” According to Globe, Lipa City
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Meta, the parent company of Facebook and Instagram, has come under fire for appointing Robby Starbuck as an AI bias adviser.
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