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The collaboration, ongoing for over five years, underscores both groups’ commitment to environmental stewardship and a more sustainable Philippines. UTradePH

$PSEi. The Philippine Stock Exchange Index ended lower by 0.68% to 6,364.94 on PhP 7.9B value turnover. Foreigners were net buyers by PhP 114.1M. UTradePH

Sectors were mostly in the red with Services (-2.20%) leading the decliners while Property (+2.17%) was the only gainer. Ayala Land, Inc. (+4.65%) was the best performer while Jollibee Foods Corp. (-5.51%) was the top loser. UTradePH

US stock market. Wall Street indices rose to all-time highs at the end of a solid quarter amid hopes the US is moving closer to reaching concrete deals with its top trading partners. UTradePH

The S&P 500 gained by 0.52% to 6,204.95, the Dow Jones Industrial Average increased by 0.63% to 44,094.77, and the Nasdaq Composite advanced by 0.47% to 20,369.73. UTradePH

BSP inflation forecast. The Bangko Sentral ng Pilipinas’s (BSP) month-ahead forecast showed that June inflation likely settled within the 1.1-1.9% range. UTradePH

BSP noted that price pressures for the month are likely to be driven by higher meat and vegetable prices, elevated oil prices, and the depreciation of the peso. UTradePH

However, lower prices of rice, fish, and fruits, as well as lower electricity rates may offset these price pressures. UTradePH

BSP BOP forecast. The Bangko Sentral ng Pilipinas (BSP) revised its balance of payments (BOP) forecasts, projecting to end 2025 at a USD 6.3-B deficit or -1.3% of gross domestic product (GDP), wider than the previous forecast of a USD 4-B deficit or -0.8% of GDP. UTradePH

The BSP noted that this outlook reflects global trade uncertainty, heightened geopolitical risks, and weakened investor confidence. UTradePH

Oil. Oil prices fell on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output hike in August boosted the supply outlook. UTradePH

Brent crude futures fell 0.24% to USD 67.61 a barrel and U.S. West Texas Intermediate crude dropped by 0.63% to USD 65.11 a barrel. UTradePH

Currency. The Philippine peso surged on Monday as the dollar fell on dovish US Federal Reserve bets. The local unit closed at PhP 56.33 versus the greenback, appreciating by 24 centavos from its PhP 56.57 finish on Friday. UTradePH

$CREC. Citicore Wind Energy, a unit of CREC, will invest PhP 9.6B in an 80 MW wind project in Pangasinan, set for completion by 1Q28. The project, part of GEA-2, aims to cut emissions, boost local jobs, and stabilize Luzon’s power supply. UTradePH

CREC has 285 MW of installed solar capacity and allocated over USD 1.0B in 2025 capex, mainly for solar projects. UTradePH

$CNPF. Century Pacific Food (CNPF) is maintaining its target of double-digit revenue and profit growth in 2025 despite US tariffs impacting exports. The company allocated PhP 4.0B–PhP 5.0B for capex to expand its dairy, tuna, and coconut water segments. UTradePH

A 10% provisional tariff is already affecting US-bound exports, particularly coconut water and tuna. CNPF is managing the impact through a mix of cost pass-on and absorption, while hoping for better tariff treatment than global competitors. UTradePH

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