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Typhoon Fung-Wong Trading Alert: Philippines Suspends Government and Schools Monday; Heavy Rain, Severe Winds, Storm Surges Expected

According to @business, heavy rainfall, severe winds, and storm surges from Typhoon Fung-Wong are expected even in areas far from the landfall point, elevating weather risk across the Philippines (source: Bloomberg/@business). The Philippines will suspend government work and classes on Monday due to the typhoon, indicating a temporary pause in public-sector operations (source: Bloomberg/@business). For traders, the combination of severe weather and the official suspension can slow local administrative processes and transport, which can affect settlement timing and business activity in affected regions; monitor official advisories and headline risk for PHP and Philippines-exposed assets (source: Bloomberg/@business).