The Philippines started marketing its first dollar notes in a year, braving rocky markets after President Donald Trump’s revival of the trade war between the US and Europe pushed Treasury yields higher and hurt risk assets.

In early January, the Philippine peso slid to 59.38 per dollar — its weakest level on record. While it has since recouped some losses, officials have signaled a tolerance for further depreciation and traders are watching closely for any signs of central bank intervention.

The value of the Philippine central bank’s gold holdings surged almost 70% last year to a record high as the metal jumped.

The Philippine central bank will consider one more rate cut this year — possibly in February — to close out its easing cycle, barring worse-than-expected economic growth, according to its governor.

Philippine President Ferdinand Marcos Jr. on Monday signed into law the 2026 budget worth 6.793 trillion pesos ($115 billion) as his administration aims to revive an economy stunted by a government corruption scandal.

The Philippines said Chinese coast guard and maritime militia ships fired water cannons and used “dangerous blocking maneuvers” toward Filipino fishing boats in the South China Sea, an incident that could fuel tensions between the two nations.

Philippine central bank Governor Eli Remolona has tempered his hawkish stance, saying monetary authorities may cut the benchmark interest rate one more time in the current easing cycle as economic recovery could last longer than initially thought.

Philippine central bank Governor Eli Remolona has tempered his hawkish stance, saying monetary authorities may cut the benchmark interest rate one more time in the current easing cycle as economic recovery could last longer than initially thought.

The Philippine central bank’s fifth consecutive cut to its benchmark interest rate on Thursday may be the last in its easing cycle that began over a year ago, with domestic demand on track to recover.

The Philippines has frozen the assets of two lawmakers allegedly tied to a widening graft scandal, President Ferdinand Marcos Jr. said, adding to thousands of bank accounts and hundreds of other assets already immobilized as the state moves to recover public money.

Philippine inflation slowed in November, supporting another cut in the central bank’s benchmark interest rate next week as a graft scandal hits consumer and investor confidence.

The Philippines plans to raise the amount of funds it gets from selling international bonds by more than 60% to $5.3 billion next year, as the government seeks to finance an economy stunted by a graft scandal.

The Philippines plans to raise the amount of funds it gets from selling international bonds by more than 60% to $5.3 billion next year, as the government seeks to finance an economy stunted by a graft scandal.

The Philippines plans to raise the amount of funds it gets from selling international bonds by more than 60% to $5.3 billion next year, as the government seeks to finance an economy stunted by a graft scandal.

Weak consumer demand forced Philippine manufacturers to cut factory output and jobs in November, becoming the only nation to buck expansion in the region.

Weak consumer demand forced Philippine manufacturers to cut factory output and jobs in November, becoming the only nation to buck expansion in the region.

The Philippines has frozen more assets allegedly linked to graft-ridden flood control projects, raising the total to around 12 billion pesos ($204 million), President Ferdinand Marcos Jr. said on Wednesday.