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BusinessWorld E-paper

June 25, 2026

THE PHILIPPINES risks becoming one of Asia-Pacific’s growth laggards this year, with economic expansion seen slowing to 4.1% amid oil shocks from the Middle East conflict and the lingering effects of last year’s corruption controversy, S&P Global said.

In its latest economic outlook for Asia- Pacific, the debt watcher cut its gross domestic product (GDP) growth forecast for the Philippines to 4.1% for this year from 5.8% previously.

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