Ditas B Lopez

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.

The US and the Philippines on Monday signed a deal on military information sharing, bolstering ties two months before Donald Trump assumes the presidency.

The weakness in the Philippine peso is caused by a strong dollar, the central bank said, a day after the local currency fell to a record low.

Philippine President Ferdinand Marcos Jr.’s office said comments about assassination plans made by Vice President Sara Duterte constitute an “active threat” to his life that warrant “immediate proper action,” as the feud between the two powerful political families escalated.

The Philippines widened its projected growth range for next year, citing uncertainties over US President-elect Donald Trump’s trade policy that could mean “high tariffs everywhere.”

Philippine inflation ticked higher in November but was within the central bank’s expectations, giving the monetary authority room to cut interest rates further.

Volume traded in the secondary market for peso bonds issued by Philippine entities reached a record of more than $160 billion this year, according to the nation’s fixed-income bourse, with the momentum likely to be sustained.

The Philippine central bank is widely expected to deliver its third interest rate cut this year with inflation under control.

The Philippine central bank lowered its policy rate by a quarter point for the third straight meeting, after inflation stayed on target and economic growth slowed.

The Philippine central bank is open to delivering another rate cut in its first monetary policy meeting next year, Governor Eli Remolona said Friday.