High-rise buildings in the Ortigas Business District in Pasig City looms large in the horizon as seen through a drone shot on Wednesday, November 5, 2025. The Philippine Stock Exchange Index (PSEI) has tumbled 20 percent over 10 years as government scandal and weak structural integrity eroded trust, driving foreign investors away, making it the worst performer among global benchmarks tracked by Bloomberg. INQUIRER PHOTO / GRIG C. MONTEGRANDE
MANILA, Philippines – The war in the Middle East presents a meaningful but manageable risk to the Philippines’ financial stability, a central bank-led group said, noting that the banking system has limited exposure to Gulf countries even as some Philippine companies could face mounting pressure from the conflict’s economic fallout.
In its 2025 report released on Monday, the Financial Stability Coordination Council (FSCC) flagged the conflict as one of several risks to the domestic financial system.
READ: MidEast crisis to cap Philippine growth through ’28
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