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Philippines
Everything Briefed has filed against Philippines, most recent first.
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The peso's record low is an oil story wearing a currency maskThe Philippine peso's fresh record low tracks almost exactly with crude's climb this month, because the Philippines imports nearly all its oil and pays for it in dollars. Every dollar oil rises pus…Canada and the Philippines agree to sign a trade deal this year, deepening Indo-Pacific tiesCanada and the Philippines have committed to concluding a bilateral trade agreement in 2026, pairing it with expanded defence cooperation in a region where supply chain diversification away from Ch…Philippine central bank signals peso at 63.5 per dollar 'might be okay'BSP Governor Eli Remolona broke with central bank tradition by naming a specific exchange rate level, saying 63.5 per dollar could be acceptable if depreciation remains orderly and non-inflationary…Philippine peso hits record low despite rate hike betsThe peso touched 61.30 per dollar, its weakest ever, as energy import costs and potential sovereign downgrades outweigh expectations of BSP tightening. Analysts forecast a slide to 62 despite calls…Philippine growth collapses to 2.8% as Marcos faces economic realityThe Philippines posted its slowest growth since pandemic lockdowns at 2.8% in Q1, down from 5.4% a year earlier as oil shocks and regional competition bite. For President Marcos, who staked his adm…S&P cuts Philippines outlook as Iran war strains growthS&P Global cut the Philippines' outlook to stable from positive, citing heightened risks to the country's balance of payments and fiscal position from the Iran war. The Philippines declared the wor…Philippines inflation hits 20-month high as oil shock spreadsPhilippine inflation surged to approximately 3.8% in March, the fastest pace in 20 months, as oil prices climbed 40% month-on-month and the peso hit record lows near 61 to the dollar. The central b…