The Philippine economy remains resilient in the face of escalating geopolitical risks in the Middle East, BPI Securities Corp. said, citing stable inflation and improved domestic supply conditions as key anchors of investor sentiment.
US President Donald Trump might have challenged allies like Canada and the European Union, but the Philippines can gain an edge by tying economic and defense interests together, making its partnership with the US more valuable.
Tycoon Enrique Razon Jr. brushed aside tensions between Manila and Beijing, saying their port operations in China remain unaffected and the company is optimistic about opportunities in 2024 as its stock price held on to near record highs.