Happy Monday.
Here is what we are tracking in today’s newsletter:
President Ferdinand Marcos Jr. directed the Department of Environment and Natural Resources to establish a national carbon market framework to attract climate investments and monetize carbon credits.
Weather bureau PAGASA warned that Typhoon Champi is rapidly intensifying and may re-enter the Philippine Area of Responsibility as a Super Typhoon by Tuesday.
Market analysts project that the Bangko Sentral ng Pilipinas is all but certain to hike interest rates, with a weakening peso increasing the probability of a 50-basis-point move.
