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Tag: PHILIPPINES

Asia’s Chip Rally Skipped Manila — So Why Did the PSEi Sink to a 14-Week Low?

Business

Asia’s Chip Rally Skipped Manila — So Why Did the PSEi Sink to a 14-Week Low?

While Korea and Taiwan chip gauges jumped Friday, the Philippine Stock Exchange Index fell 1.72% to 5,855.91 — a fourteen-week low — as the peso slipped past ₱62.74 and traders priced in next week’s fuel hikes.

16h

ASEAN Ministers Meet in Manila — So Why Is DEFA Still the Make-or-Break?

Business

ASEAN Ministers Meet in Manila — So Why Is DEFA Still the Make-or-Break?

DTI’s Allan Gepty says ASEAN must move from agendas to implementation as economic ministers gather in Manila Sept 19–22 — with the Digital Economy Framework Agreement, a semiconductor roadmap, and trade talks with India, Korea, Japan, and Canada on the table.

18h

Intra-Asia Freight Hit $1,402 — So Why Are Manila Importers Still Feeling It?

Business

Intra-Asia Freight Hit $1,402 — So Why Are Manila Importers Still Feeling It?

Drewry’s Intra-Asia Container Index jumped 6% to a fourth straight record of $1,402 per 40ft box as typhoons, Golden Week demand, and Middle East risk kept capacity tight — with Shanghai–Laem Chabang and Ho Chi Minh City lanes up 15%.

18h

SMPC Surged 20% — So Why Did DOE Still Kill the Semirara Coal Auction?

Business

SMPC Surged 20% — So Why Did DOE Still Kill the Semirara Coal Auction?

DOE aborted its 2026 Semirara coal bid round after stakeholder pushback, even as Semirara Mining and Power Corp. shares jumped 20.06% to ₱20.05 and Energy Secretary Sharon Garin said bidding would still happen within the year.

19h

PSE Clears Mynt for Main Board Listing — But GCASH Still Needs One More Green Light

Business

PSE Clears Mynt for Main Board Listing — But GCASH Still Needs One More Green Light

PSE approved Mynt’s Main Board IPO path with a ₱10 ceiling and an October GCASH target — final permits and pricing still decide the debut.

21h

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