Confidence and trust in the Philippine economy are returning among both local and foreign investors as the Philippine Stock Market shows signs of recovery, as reported by Don Carlos Bagtas.

Jesus Arranza, Chair Emeritus of the Federation of Philippine Industries (FPI), said the market rebound signals a clear message: investors should continue supporting the economy through sustained investments.

The British Chamber of Commerce of the Philippines (BCCP) also recognized government efforts to maintain economic stability and control inflation.

The group expressed support for initiatives related to cybersecurity, digital payments, and the Blue Economy Act, which aims to promote the sustainable and profitable use of the country’s natural resources.

Meanwhile, the Philippine peso closed at 58.58 against the US dollar on Friday.