Ga onbeperkt met Magzter GOLD

Ga onbeperkt met Magzter GOLD

Krijg onbeperkte toegang tot meer dan 9000 tijdschriften, kranten en Premium-verhalen voor slechts

$149.99
 
$74.99/Jaar

Poging GOUD - Vrij

PSEi dips on growth worries, weak Wall Street cues

Business World Philippines

|

November 19, 2025

PHILIPPINE shares retreated on Tuesday as investors weighed slower economic growth projections, lingering corruption issues and negative cues from US markets.

- By Alexandria Grace C. Magno

PSEi dips on growth worries, weak Wall Street cues

The Philippine Stock Exchange Index (PSEi) fell 0.38% or 22.46 points to 5,756.66, while the broader all-share index dropped 1.5% or 49.25 points to 3,231.55.

"The local market's sideways movement ended in negative territory as it gave in to selling pressures," Japhet Louis Tantiangco, research manager at Philstocks Financial, said via Viber. "Investors digested Finance Secretary-turnedExecutive Secretary Ralph Recto's projection for 2025 GDP (gross domestic product) growth of 4.7-4.8%."

"The lingering corruption issues amid the latest developments also weighed on sentiment," he added.

MEER VERHALEN VAN Business World Philippines

Business World Philippines

Aramco signs preliminary US deals worth more than $30B

Oil giant Saudi Aramco said on Wednesday it had signed 17 preliminary deals with US companies with a potential overall value of more than $30 billion, during a visit to Washington by the Saudi Crown Prince.

time to read

1 min

November 21, 2025

Business World Philippines

Scholarships, an engine for social mobility

IT HAS BEEN an enduring belief that education is the greatest equalizer.

time to read

2 mins

November 21, 2025

Business World Philippines

BPO workers urge legislators to pass law regulating industry safety, permanent employment, pay levels

SENATE BILL (SB) NO. 1493, or the proposed BPO Workers’ Welfare and Protection Act, represents the latest effort to ensure that industry employees are protected, a business process outsourcing (BPO) employee association said.

time to read

1 mins

November 21, 2025

Business World Philippines

Business World Philippines

Decades-long contracts chain Asia to coal-fired power

Decades-long coal-fired power purchase contracts are slowing the transition to cleaner energy sources in Asia, leading utilities to burn more coal even when wind and solar power are available, according to climate researchers and renewable energy advocates.

time to read

1 min

November 21, 2025

Business World Philippines

EU trade talks unaffected by corruption worries, PHL acted fast – ambassador

THE European Union (EU) does not expect the infrastructure corruption scandal to affect negotiations with the Philippines for a free trade agreement (FTA), noting that the government seems to be addressing the matter, the delegation of the EU to the Philippines said.

time to read

1 mins

November 21, 2025

Business World Philippines

Gold trims gains after US Fed minutes

GOLD PRICES pared gains on Wednesday after the release of minutes from the US Federal Reserves latest meeting, while market participants focused on upcoming economic data for further clues on the US interest rate path.

time to read

1 mins

November 21, 2025

Business World Philippines

Why paying above minimum wage makes sense

IN THE WORKPLACE

time to read

3 mins

November 21, 2025

Business World Philippines

DigiPlus: Internal funds sufficient for IEC deal

DIGIPLUS Interactive Corp., the listed digital entertainment firm behind BingoPlus, ArenaPlus, and GameZone, said it intends to use internal funds for its potential controlling stake acquisition of Hong Kong-listed International Entertainment Corp. (IEC), while remaining open to short-term financing if necessary.

time to read

2 mins

November 21, 2025

Business World Philippines

Trump’s semiconductor tariff plan likely delayed, officials say

US officials are privately saying that they might not levy long-promised semiconductor tariffs soon, potentially delaying a centerpiece of President Donald J. Trump's economic agenda

time to read

3 mins

November 21, 2025

Business World Philippines

Japan, Canada see no shift in investor confidence amid Philippine infra scandal

JAPAN and Canada have not observed any pullback from investors looking at the Philippines despite the months-long corruption scandal involving flood control projects, their envoys said on Thursday, underscoring continued confidence in the country’s economic trajectory.

time to read

2 mins

November 21, 2025

Listen

Translate

Share

-
+

Change font size