Ditas B Lopez

Overseas investors have snapped up Philippine shares for 27 consecutive trading sessions, matching the longest such streak in a decade, as easing local inflation buoys hopes for more interest rate cuts.

Chinese coast guard ships fired water cannons and tried to block two Philippine fisheries vessels delivering supplies to fishermen in the South China Sea, the latest incident amid elevated tensions between the two countries in the disputed waters.

Philippines President Ferdinand Marcos Jr. said on Tuesday the nation’s green bond market has the potential to expand further, in remarks that show the Asia-Pacific region is stepping up efforts to fund risks arising from extreme weather events.

Three of Southeast Asia’s biggest economies will unveil monetary policy decisions from 3 p.m. Singapore time today, influenced by everything from politics, inflation and currency volatility to geopolitical risks.

BDO Unibank Inc., the Philippines’ biggest lender by assets, expects to sustain its record net income despite “headwinds” from interest rate cuts that may squeeze margins, its top executive said.

The Philippine central bank cut its benchmark interest rate by 25 basis points for the second time this year, as slowing inflation gave it room for further easing.

Bank of America Corp. on Thursday kicked off its foreign exchange business in the Philippines, looking to tap foreign investors, outsourcing companies and chip manufacturers in one of Asia’s fastest-growing economies.

The Philippines said work in government offices and classes in the main Luzon island will be suspended Wednesday due to tropical storm Trami.

The Philippines’ top economic planner said the nation’s remittance-reliant economy could benefit from the peso’s weakness, as Donald Trump’s election victory fueled a rally in the dollar.

The Philippines has set it sights on inclusion into JPMorgan Chase & Co.’s local-currency emerging-market debt index in 2025 after missing the cut this year, officials said.