MANILA -Philippine stocks pushed higher on Monday after the government maintained its economic growth outlook for the year despite a higher inflation forecast. By the closing bell, the benchmark Philippine Stock Exchange index (PSEi) rose 1.2 percent, or 77.94 points, to 6,598.38 while the broader All Shares index gained 0.63 percent, or 21.83 points, to 3,510.09. On Monday, the Development Budget Coordination Committee (DBCC) retained its 6 to 7 percent growth assumption for the country this year.

https://business.inquirer.net/397409/psei-up-as-ph-keeps-growth-target-in-era-of-high-inflation

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