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ASEAN chair Philippines starts 2026 on ‘weaker footing’ after corruption scandal, trade tensions

Third-quarter GDP growth in the Philippines fell to a four-year low of 4%, prompting Manila to slash growth targets for 2026 through 2028.

Malaysia, the previous chair, had a busy 2025, needing to handle both the effects of U.S. President Donald Trump’s steep tariffs on Southeast Asian economies, and a violent border conflict between member countries Thailand and Cambodia.
Marcos, now l… [5661 chars]

Source: Fortune | Published: 2026-01-14T10:13:48Z

Credit: Fortune

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