Philippine equities remain under pressure as inflation is expected to hit a four-month high in September, keeping cost worries front and center for investors. The bright spots sit
Philippine equities remain under pressure as inflation is expected to hit a four-month high in September, keeping cost worries front and center for investors. The bright spots sit on the external side, with exports soaring to a record high in August and customs collections beating their nine-month target, suggesting trade momentum is intact. Domestic friction persists though, with a power shortfall in the Visayas and a looming water shortage in Iloilo adding to the supply-side concerns already weighing on sentiment.
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