Country: PH | Published: 2026-09-15
Philippine stocks slipped as rising fuel costs from the Middle East conflict kept inflation worries alive, though the peso showed some stability after a string of record lows. Cash
Philippine stocks slipped as rising fuel costs from the Middle East conflict kept inflation worries alive, though the peso showed some stability after a string of record lows. Cash remittances hit a seven-month high in July, offering a modest cushion for household spending even as regulators moved to shut down bogus investment firms. Overall sentiment stays cautious, with energy prices and currency pressure still dominating the local picture.