ECCP at Work

Philippines to miss GDP growth target for 3rd year in a row

The Philippines is unlikely to hit even the low end of the government’s growth target this year, as bad weather and a corruption scandal weigh on economic activity, Department of Economy, Planning, and Development (DEPDev) said on Monday.

DEPDev says 3 flagship infrastructure projects completed by yearend

The Philippine government expects to complete three additional infrastructure flagship projects (IFPs) by yearend, the Department of Economy, Planning, and Development (DEPDev) said.

Factory activity slips to 4-year low in November

Philippine manufacturing activity slid into contraction mode in November, falling to its lowest level in over four years, due to weak demand.

Senate targets Dec 29 signing of P6.79T 2026 budget—Gatchalian

The Senate is working to have the proposed P6.793-trillion national budget ready for President Ferdinand Marcos Jr.’s signature by December 29, Sen. Sherwin Gatchalian said on Monday.

DoE hoping for EV sales of 50,000 units by year’s end

The Department of Energy (DoE) said it is optimistic that the Philippines will end the year with electric vehicle (EV) sales of 50,000 units, noting that consumer acceptance of the new technology is growing.

PEZA taps partner to develop pharma ecozones

The Philippine Economic Zone Authority (PEZA) said it entered into a partnership with Philippine Pharma Procurement, Inc. (PPPI) to develop pharmaceutical economic zones.

Philippine inflation likely eased in November – poll

Headline inflation likely eased in November as lower prices of food, particularly rice, may have tempered higher utility costs during the month, analysts said.

NG gross borrowings decline in October

The National Government’s (NG) gross borrowings declined in October amid a drop in foreign debt, the Bureau of the Treasury  said.

DOTr enlists OSG for ROW clearance

The Department of Transportation (DOTr) is working to resolve more than 130 disputes on right-of-way (ROW) for its largest rail projects, prompting it to tap the Office of the Solicitor General (OSG) to speed up expropriation proceedings.

Seafaring leader PHL wins new IMO Council term

The Philippines, the world’s leading supplier of seafarers, has been re-elected to the International Maritime Organization (IMO) Council for the 2026–2027 biennium—affirming its leadership in global shipping and its commitment to protecting the rights and welfare of maritime workers.

FDA loses regulatory oversight on animal health, dairy products

Key government regulatory functions over animal health and dairy products have been transferred from the Food and Drug Administration (FDA) to agencies under the Department of Agriculture (DA), a move seen improving the local livestock and dairy sectors.