Your Morning Fix

• The Department of Agriculture has halted red onion import clearances since late January to protect local farmers as the harvest season peaks in March.
• By the end of January, the Department of Budget and Management had released 62.6% of the 2026 national budget, amounting to PHP 4.25 trillion, a slower pace than last year’s 64.9%.
• Air passenger traffic in the Philippines grew 4.06% to 62.34 million in 2025, surpassing pre-pandemic levels, with domestic travel making up about 55% of the total.
• Japanese Prime Minister Sanae Takaichi pledged to abandon “excessive fiscal austerity” and pursue long-term investment through a multi-year budget framework to revive the economy.
• US stocks closed higher Friday, driven by gains in major tech firms like Alphabet and Amazon, after the Supreme Court struck down Trump’s global tariffs in a 6-3 ruling.