The Philippine peso’s nearly 8% slide against the dollar this year may prompt the central bank to deploy more tools to stabilize the currency, according to marketwatchers.

President Ferdinand Marcos Jr. pledged that the Philippine authorities will extend their defense of the sinking peso after the currency hit a fresh record low this week.

Philippine President Ferdinand Marcos Jr. has named a new head of the scandal-hit Department of Public Works and Highways, as his administration contends with lingering effects of corruption allegations that have slowed economic growth.

The Philippine central bank delivered an outsized interest-rate hike and signaled readiness to tighten further to rein in resurgent inflation and support a peso that’s sunk to a record low.

The Philippines will adopt international pricing conventions for peso-denominated bonds effective next year, a shift it says should attract more participants and help lower its borrowing costs.

The Philippines is facing a slew of price risks after inflation surged past economists’ estimates in September, backing the case for the central bank to further raise its policy rate.

Philippine inflation gained pace again and exceeded economists’ estimates in September as food and fuel prices surged, backing the case for the central bank to further raise its policy rate.

The Philippines raised 84.9 billion pesos ($1.36 billion) in a retail Treasury bond auction, securing fresh funds for government spending while opting for a shorter tenor amid elevated interest rates.

Home prices in the Philippines increased at their slowest pace in seven years in the second quarter, as economic expansion decelerated and speculative buyer demand waned.

The Philippines will sell starting next week its first retail bonds of 2026, opting for a shorter tenor as interest rates remain elevated.

The Philippines is looking to expand its pool of individual debt investors with a new sale of retail Treasury bonds, according to people familiar with the plan.

Ayala Corp. plans to use proceeds from Mitsubishi Corp.’s $700 million investment to cut debt, buy undervalued shares and fund growth to lift investor returns, its president said.

Electronic payment providers need to be more diligent in vetting companies that use their platforms in order to protect people from fraud, the Philippine central bank said.

Moody’s Corp. has agreed to acquire a minority stake in Philippine Rating Services Corp. as the global credit ratings firm looks to tap the growth of debt markets in the Philippines and across Southeast Asia.

Philippine President Ferdinand Marcos Jr. will join the BRICS Summit on Sept. 12-13 as this year’s chair of the Association of Southeast Asian Nations, and push for closer ties between the two groupings.

Philippine property developer Vista Land & Landscapes Inc., owned by billionaire Manuel Villar, said it’s looking at a slew of options to raise funds such as selling assets to meet debt obligations, including a $420 million bond that’s due next July.

Philippine jobless rate climbed to the highest in four years as fresh graduates sought work in an economy that slowed due to a corruption scandal and the global oil shock.

Philippine borrowers will face high interest rates rather than a shortage of loans, the central bank said, easing concerns that record level of government borrowing is squeezing out private businesses.

The Philippine peso just can’t catch a break.

The Philippine central bank said it’s “closely” monitoring the impact of the Middle East conflict and weather disturbances after inflation barely eased in August.