The Philippines is in discussions with major fertilizer producers including China and Russia to safeguard supply on fears exporters won’t deliver on contracts as the Middle East war keeps prices high.

The Philippine peso weakened toward the key psychological level of 60 pesos per dollar, prompting the central bank to intervene to support the currency.

Food crops are becoming increasingly vulnerable to the energy supply crunch caused by war in the Middle East, with farmers across Asia and Europe facing a scarcity of fuel needed to operate essential machinery.

Philippine President Ferdinand Marcos Jr. said government offices will be on a four-day work week starting on Monday in the Southeast Asian nation’s bid to save on energy as tensions in the Middle East push global fuel costs higher.

The Philippine government has apprehended Filipino nationals found to be allegedly engaged in espionage activities on behalf of China, according to the state’s security agency.

The selloff in stocks fueled by the Middle East conflict provides a buying opportunity for the Philippines’ top pension fund as it weighs expanding its equities portfolio.

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 US will deploy more missile systems to the Philippines, a move that will potentially anger China, as the two allies boost their defense ties.

Shipments of nickel ore from the Philippines to Indonesia could as much as double to hit 30 million tons this year, a leading miner said, after Jakarta introduced drastic production curbs in an effort to revive the price of the metal.

Many prospective investors who won contracts for renewable energy projects in the Philippines had no plans of building them. They were only waiting to sell those rights to someone else for the right price.

Impeachment efforts against Philippine President Ferdinand Marcos Jr. and his archrival, Vice President Sara Duterte, advanced Monday in a sign their feud is again set to dominate the country’s politics.

Philippine President Ferdinand Marcos Jr. said Thursday that he’s recovering from a condition in the digestive system, and assured the public that it’s not life-threatening.

A ship with 23 containers of radioactive zinc dust that was stuck off the coast of the Philippines has unloaded the cargo, an official said, more than two months after the material was sent back from Indonesia.

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 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.

The International Criminal Court rejected former Philippine President Rodrigo Duterte’s appeal for interim release, in a further setback for the ex-leader who’s charged with crimes against humanity.

Senator Imee Marcos, the estranged sister of Philippine President Ferdinand Marcos Jr., said there’s a void in the nation’s leadership as politicians grapple with a growing corruption scandal and instead is backing his deputy as a potential replacement.