The CPC Politburo on July 30 called for stepped-up measures to strengthen the social safety net, increase employment support for priority groups, and protect rights of flexible and new-form workers, including gig-economy participants. It directed improvements to elder and childcare services and the development of a layered, categorized social assistance system. The meeting also pushed for stronger ecological protection, renewed emphasis on the Three-North shelterbelt afforestation project, and a

Philippine exports rose 24.1% YoY to $8.77 bln in June, a record and the fastest pace in over a year, beating a median 8% forecast, the Philippine statistics agency said. United Bank chief economist Ruben Carlo Asuncion said the data indicate the Philippines retains a favourable position in regional and global electronics supply chains despite global uncertainty. Exports provide relief for an economy facing slowing growth and widening budget and current-account deficits. The government expects exports to grow 3% this year, down from 15.3% in 2025 when growth was boosted by Middle East-related trade flows. Electronics exports jumped about one-third to $5.25 bln, accounting for nearly 60% of June shipments; the United States remained the top market, taking roughly one-fifth of exports.

Samsung Electronics said it expects its contract-manufacturing business to return to profitability in the near term.