Ticker: EIDO | Published: 2026-09-23
AI Search: The Asian Development Bank materially downgraded the Philippines' growth outlook, citing inflation and external risks.
The Asian Development Bank materially downgraded the Philippines' growth outlook, citing inflation and external risks. The update is market-relevant because it lowers near-term growth expectations while leaving inflation elevated.
Sources: https://www.thestar.com.my/business/business-news/2026/09/23/bmi-cuts-2026-manila-growth-outlook-to-33, https://www.reu