The Philippines may see inflows of about $3 billion if the nation’s government bonds are added to JPMorgan Chase & Co.’s benchmark emerging-market index this year, according to National Treasurer Sharon Almanza.

Companies in the Philippines are stepping up efforts to limit foreign exchange risks as global uncertainty fuels sharp swings in the peso, according to Bank of America Corp.

The Philippine central bank cut its benchmark interest rate for a sixth straight meeting to aid an economy hit by a massive corruption scandal, and signaled that further easing would depend on how soon confidence is restored.

The Philippines raised 235 billion pesos ($4.1 billion) in new money from a bond sale that drew strong demand as investors locked in higher yields on bets the central bank may cut interest rates again Thursday.

The Philippines sold an initial 107 billion pesos ($1.9 billion) of bonds on Wednesday in its first large-scale local debt offering targeting institutional investors since April, as the government ramps up spending to spur economic growth.

The Philippines must step up efforts to reduce its persistent budget deficits and consider paring back fiscal incentives to help it sustain its economic momentum, according to the Organisation for Economic Co-operation & Development.

Philippine inflation accelerated to the highest in nearly a year, and returned within the central bank’s target as monetary authorities reaffirmed that the easing cycle may be drawing to a close.

Interest-rate swap transactions in the Philippines have jumped more than 60-fold since the launch of a peso IRS facility in late 2024, the nation’s central bank chief said, citing that a deepening market may improve the effectiveness of monetary policy.

Interest-rate swap transactions in the Philippines have jumped more than 60-fold since the launch of a peso IRS facility in late 2024, the nation’s central bank chief said, citing that a deepening market may improve the effectiveness of monetary policy.

Philippine inflation accelerated to the highest in nearly a year, and returned within the central bank’s target as monetary authorities reaffirmed that the easing cycle may be drawing to a close.

A Philippine congressional committee on Wednesday moved to dismiss impeachment attempts against President Ferdinand Marcos Jr., granting him a one-year reprieve from efforts to remove him from office.

The House of Representatives’ justice committee on Monday voted to declare the first impeachment complaint against Philippine President Ferdinand Marcos Jr. as sufficient in form, according to Chairperson Gerville Luistro.

The Philippine economy slowed more than expected to the weakest pace in nearly 15 years outside of the pandemic, hurt by a public works corruption scandal that is weighing on investments, households and government spending.

Business-process outsourcing companies in the Philippines are spending about 1.4 billion pesos ($24 million) a year to upskill their workers, as the industry grapples with talent shortage, artificial intelligence and increased competition.

The Philippines indefinitely suspended the entire passenger fleet of Aleson Shipping Lines, operator of a ferry that sank this week off the country’s southern coast which killed more than a dozen.

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.