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ASEAN+3 fortifies regional financial shield with launch of rapid financing facility
Regional economic stability received a significant boost today as amended terms governing the Chiang Mai Initiative Multilateralisation (CMIM) officially entered into force.
Foreign direct investments drop to $4.8 billion in first eight months of 2026
Foreign direct investment (FDI) into the Philippines recorded a net inflow of $4.8 billion during the first eight months of 2026, dropping from the $5.9 billion registered in the same period last year, the Bangko Sentral ng Pilipinas (BSP) on Tuesday reported.
Philippine economy slows further in Q3 as investment falters
The Philippine economy lost further momentum in the third quarter as higher consumer prices, declining agricultural output, and weak investment weighed on domestic activity, leaving services as the principal source of growth.
Philippine exports seen surpassing $100B despite trade risks
Philippine merchandise exports are on track to breach USD100 billion in 2026, buoyed by electronics and semiconductor shipments, although a weakening peso and unpredictable US trade policies threaten to complicate the industry’s growth prospects.
NFA doubles palay price purchase limit, raises buying price to boost farm incomes and secure supply
The National Food Authority (NFA) has significantly increased the price it pays for palay and more than doubled the volume it can buy from individual farmers, a key policy move meant to lift farm earnings and build up government rice reserves as the country faces potential weather challenges from El Niño.
