Important Philippine News
Why it matters: Even if Metro Manila is not the direct hit zone, expect weather disruption, travel delays, and possible supply/utility knock-on effects. Why it matters: This can affect prices, business confidence, hiring, and the broader economic backdrop in the Philippines. Why it matters: Political volatility may stay high and could affect national attention, governance, and markets.
- Super Typhoon Inday entered PAR; Signal No. 1 raised in more areas. Rappler/GMA reported northern areas under storm signals and class suspensions for Thursday.
- IMF and ADB lowered Philippine growth forecasts. Inquirer/Philstar reported cuts to the 2026 outlook, citing weak performance and external pressures.
- Sara Duterte impeachment proceedings continue around bank/tax records. GMA/Inquirer/Philstar reported hearings/arguments over subpoenas for bank and tax records.