Industry Monitor - June 22, 2026

June 22, 2026

An overview of significant news and developments from June 16 to June 22, 2026, highlighting key events, trends, and advancements across various sectors.

Must See Stories

US and Iran conclude high-level talks in Switzerland, mediators say

Reuters with Businessworld, June 22, 2026

The first round of talks between high-ranking US and Iranian officials in Switzerland ended Monday, mediators said, after a tense opening marked by Tehran’s announcement it had again closed the Strait of Hormuz and US President Donald Trump repeating his threats to resume attacks on Iran.

Reference link: https://bworldonline.com/world/2026/06/22/758211/us-and-iran-conclude-high-level-talks-in-switzerland-mediators-say/

Peso may slide back to P61 level as markets monitor US-Iran talks

Aaron Michale C. Sy, BusinessWorld, June 22, 2026

The peso may drop back to the P61-a-dollar level this week amid renewed tensions in the Middle East that could imperil prospects of a lasting peace deal between the United States and Iran.

Reference link: https://bworldonline.com/banking-finance/2026/06/22/758029/peso-may-slide-back-to-p61-level-as-markets-monitor-us-iran-talks/

Infrastructure spending fell nearly 52% in April, says DBM

Justine Irish D. Tabile, BusinessWorld, June 22, 2026

Infrastructure spending plunged by nearly 52% in April amid weak spending by the Department of Public Works and Highways (DPWH), according to the Department of Budget and Management (DBM).

Reference link: https://bworldonline.com/top-stories/2026/06/22/758129/infrastructure-spending-fell-nearly-52-in-april-says-dbm/

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