Country: PH | Published: 2026-09-20
Philippine markets continue to digest a widening external gap, with the balance of payments deficit growing in August as imports outpace exports, keeping pressure on the peso and e
Philippine markets continue to digest a widening external gap, with the balance of payments deficit growing in August as imports outpace exports, keeping pressure on the peso and external money flows. The banking side offers some steadiness, with bank assets climbing to a record level in July, suggesting domestic credit conditions remain healthy. Attention now shifts to the labor outlook, where officials still expect unemployment to ease in the second half, and to trade talks with India expected to begin next year.