Country: PH | Published: 2026-09-16
Philippine stocks slipped further, with the main index dropping below the 6000 mark even as the peso strengthened for a second straight day, a rare bright spot in a stretch of curr
Philippine stocks slipped further, with the main index dropping below the 6000 mark even as the peso strengthened for a second straight day, a rare bright spot in a stretch of currency pressure. Remittances hit a seven-month high in July, offering some cushion for household spending, while the SEC moved to shut down bogus investment firms and a major ratings agency took a stake in the local PhilRatings. On the ground, attention is turning toward planned September 21 protests, with the government signaling readiness.