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Die Philippinen verfügen über wirtschaftliche Stärken wie eine junge, englischsprachige Bevölkerung, einen großen Binnenmarkt und eine wachsende Dienstleistungsbranche. Gleichzeitig bestehen strukturelle Herausforderungen durch Infrastrukturdefizite, Einkommensungleichheit, Naturkatastrophenrisiken und Abhängigkeit von Rücküberweisungen aus dem Ausland. Die Wirtschaft wird stark vom Dienstleistungssektor getragen, insbesondere von Business-Process-Outsourcing, Handel und Telekommunikation. Ergänzend spielen Industrie, Bauwesen, Landwirtschaft sowie Überweisungen von im Ausland arbeitenden Bürgern eine wichtige Rolle.
The Philippine central bank said it's providing relief measures to banks and their clients, including longer repayment periods, as the nation grapples with the fallout from the Middle East conflict....
Philippine economic managers rejected a halt in excise taxes on diesel and gasoline, saying a suspension won't likely give meaningful relief to consumers from oil price swings due to the Iran war....
Malaysia's Prime Minister Anwar Ibrahim sought to defuse a controversy over diesel shipments to the Philippines, underscoring how sensitive such trades have become as countries grapple with rising energy costs....
The Philippines is removing excise taxes on kerosene and liquefied petroleum gas to curb food inflation, President Ferdinand Marcos Jr. said Monday....
Money managers led by BNP Paribas Asset Management and Robeco Institutional Asset Management BV are putting pressure on the Philippine government to introduce stricter reporting standards for state-backed projects, following a corruption scandal tied to flood infrastructure....
The Philippine government has asked Meta Platforms Inc., the parent company of Facebook, to implement measures to curb the spread of “false and panic-inducing content” on its platforms, warning of possible legal action if the company fails to act swiftly....
The Philippines said Chinese forces fired flares directly at its coast guard aircraft over the Spratly Islands in the disputed South China Sea, calling the incident “a clear and deliberate act of bullying.”...
S&P Global Ratings lowered its outlook on the Philippines to stable from positive, saying the war in the Middle East has raised risks for the country's balance of payments and fiscal position....
Philippine carriers have suspended more flights to the Middle East, as the airlines exercise caution amid continuing security risks due to the US-Iran conflict....