Summary: The Philippines’ economic growth slowed to 4.0% in Q3, missing expectations due to a corruption scandal impacting consumer and investor confidence. The scandal, involving flawed infrastructure projects, has led to a decline in public spending and household consumption, further exacerbated by natural disasters.

Link: https://www.channelnewsasia.com/business/philippine-growth-slows-sharply-in-q3-shocking-corruption-scandal-dents-confidence-5452316