ECCP at Work

Philippine remittances slip to six-month low in November

Money sent home by overseas Filipino workers (OFW) fell to its lowest level in six months in November, the Bangko Sentral ng Pilipinas (BSP) reported.

Marcos eyes maritime leadership as PHL launches first methanol dual-fuel vessel

President Ferdinand Marcos said the Philippines is now taking the lead in the global transition towards sustainable maritime transport with the inauguration of the first ever methanol dual-fuel Kamsarmax Bulk Carrier in Cebu last Thursday.

Job shortage tops worries of Philippine business leaders — WEF

A shortage of jobs is emerging as the biggest worry for Philippine business leaders, according to the World Economic Forum (WEF), a sign that economic growth risks falling short of what’s needed to absorb workers over the next two years.

Delayed RE projects threaten summer power supply – DOE

Delays in the delivery of renewable energy projects may threaten the country’s power supply, raising the risk of shortages during the summer months, according to the Department of Energy (DOE).

Gov’t partnerships with private sector seen to boost transparency in public works projects

Tapping private and development partners for state infrastructure projects may help improve efficiency and transparency as the Philippine government continues to deal with the economic fallout from a corruption scandal linked to public works.

Senator pushes long-term infrastructure roadmap

A bill seeking to establish a 30-year infrastructure masterplan to ensure maximum returns on investment will prevent the insertion of redundant or low-impact projects into the yearly budget bill, Sen. Sherwin Gatchalian said.

World Bank projects Philippine growth above 5% until 2027

The Philippine economy is projected to grow above 5% this year and in 2027, although governance concerns remain, the World Bank said.

Global trade finance gap at $2.5 trillion as global trade tensions rise, ADB says

Financial institutions globally failed to meet $2.5 trillion in financing that companies needed for trade last year, holding back the global economy, according to a new survey by the Asian Development Bank.

DOE seeks P24 billion penalties over canceled Solar Philippines contracts

The Department of Energy (DOE) is pursuing roughly P24 billion in penalties from Solar Philippines, founded by Batangas Rep. Leandro Leviste, following the termination of its 33 contracts over the past two years.

Customs seized nearly P62-B illicit goods in 2025

The Bureau of Customs (BOC) seized nearly P62 billion worth of illicit goods after conducting more than 1,000 antismuggling enforcement operations throughout 2025.

DTI launches tax perks for garment makers

The Department of Trade and Industry (DTI) is rolling out incentives to lower operating costs for Philippine garment manufacturers amid what it described as “tighter global competition.”

ILO: Green jobs demand swamps PHL talent supply

The demand for green skills in Asia and the Pacific is rising faster than the available workforce, posing challenges for countries pursuing low-carbon growth like the Philippines, according to the International Labour Organization (ILO).

Rice tariff hike may impact retail prices–think tank

Filipino consumers may feel the pinch of increased retail rice prices with the government’s plan to raise the tariffs levied on the staple grain to 20 percent, according to economists.

Tame Philippine inflation leaves room for BSP easing this year — HSBC

Philippine inflation may remain subdued over the next two years amid softer global commodity prices, allowing the Bangko Sentral ng Pilipinas (BSP) to ease further, Hongkong and Shanghai Banking Corp. (HSBC) Private Bank said. 

Government extends P2.8 billion loan to power coops

State-funded loans totaling P2.8 billion were released last year to support projects and working capital needs of at least 45 electric cooperatives (ECs), according to the National Electrification Administration.

How can the Philippines’ energy portfolio power up the future?

Field specialists weigh in on the requirements of a reliable, affordable, and sustainable energy mix

Visayas power issues stem from dependence on other grids — DoE

The Department of Energy (DoE) said it is expecting power issues in the Visayas due to its dependence on other grids for supply.

Govt confident of hitting P1.3T infra target in 2026

The Marcos administration is confident it will meet its infrastructure spending target this year, equivalent to 4.3 percent of gross domestic product (GDP) or about P1.3 trillion, under the 2026 national budget.

Estrada files Senate bill easing bank secrecy for fraud probes

Sen. Jinggoy Estrada has filed a bill seeking to relax certain restrictions under the Bank Secrecy Law to allow the central bank to examine bank deposits showing reasonable grounds to suspect fraud or other unlawful activities have been committed.