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Philippines ‘remarkably resilient’ to US tariffs, says Japan rating firm

MANILA, Philippines — The Philippines would stay “remarkably resilient” to external shocks despite increased uncertainties caused by changes in American tariff policies, said Japan Credit Rating Agency (JCR). However, Philippine exporters do not share the same optimism. Some of them have suspended their shipments to the United States while waiting for further clarity, especially given

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SHFC oks 19 socialized housing projects, 3400 families to benefit

MANILA, Philippines — The state-controlled Social Housing Finance Corporation (SHFC) has approved a total of 19 Enhanced Community Mortgage Program (ECMP) projects nationwide, aiming to secure housing for more than 3,400 families. In a statement on Thursday, SHFC said that moving forward, it expected to approve more ECMP projects in the coming weeks. The approvals are