ECCP at Work

PHL economy still strong, says S&P

S&P Global Ratings continues to see strong credit rating prospects for the Philippines as it remains optimistic on the country’s growth fundamentals despite drags from the recent flood control corruption scandal.

PHL growth seen to slow to 4.2% this year

Philippine economic growth may likely be even slower this year, amid uncertainty over a “meaningful” recovery, the University of Asia and the Pacific (UA&P) said.

DoF says investment climate ‘most open’ in PHL history

The Department of Finance (DoF) said the investment environment is currently the most “open and liberal” in history, with the government still actively seeking to reduce the cost and enhance the ease of doing business.

DOE issues circular to boost energy storage systems investments in PH

The Department of Energy (DOE) issued a circular which will encourage the further deployment of energy storage systems (ESS) in the country.

Rice farmers may earn more as NFA eases buying rule

Rice farmers can now earn more from selling their produce to the National Food Authority (NFA) after the state-run agency relaxed its moisture content requirement, allowing for more palay to be bought at a higher price.

Cybersecurity self-assessment for banks, nonbanks proposed by BSP

The Bangko Sentral ng Pilipinas (BSP) is proposing to require all banks and nonbanks to conduct a self-assessment of their cybersecurity maturity amid growing concerns over increasing cyber risks.

PHL to ‘do more’ after 53rd rank in B-Ready report

The Philippines will push for deeper reforms to sustain investor confidence after landing in the middle among economies assessed by the World Bank in its latest Business Ready (B-Ready) report.

Marcos ordered govt agencies to address port congestion

President Ferdinand Marcos Jr. has directed all concerned government agencies to address the current congestion situation in the major ports in the country including the Manila South Harbor and the Manila International Container Terminal (MICT), Palace Press Officer Claire Castro said Wednesday.

Philippines urged to sustain reforms as risk assessment flags risks

One year after the Philippines exited the Financial Action Task Force (FATF) gray list, a government risk assessment warned that reforms must be sustained and deepened as vulnerabilities in the country’s financial system persist despite measurable progress in combating money laundering and related crimes.

Philippine vehicle sales slump in January

Philippine car sales slumped in January amid a weaker demand for both passenger and commercial vehicles, according to an industry report.

Marcos to accelerate reforms as growth falters

The administration of Philippine President Ferdinand R. Marcos, Jr. is accelerating structural reforms and diversifying trade ties to shield the economy from global volatility following sluggish economic growth last year.

PHL faces climate-related credit risk

The Philippines is among the countries most vulnerable to climate-related credit risks as extreme weather imperils the country’s economic and fiscal stability, Fitch Ratings said.

DOE opens direct green energy contracting to more consumers

The Department of Energy (DOE) has lowered the minimum eligibility threshold for the green energy option program (GEOP), allowing more consumers to directly source clean power.

Philippines pitches ASEAN-scale edge to investors

Finance Secretary Frederick Go, speaking at the ASEAN Editors and Economic Opinion Leaders Forum on Tuesday, said the Philippines is positioning itself for a long-term role in ASEAN’s broader investment story.

Angara calls for stronger private sector ties to fast-track education reforms via PPPs

Emphasizing the importance of the socio-economic impact of projects to fast-track critical education reforms, Education Secretary Juan Edgardo “Sonny” Angara on Tuesday called for stronger partnership with the private sector during the Association of Southeast Asian Nations (ASEAN) Editors and Economic Opinion Leaders Forum 2026 held at the Fairmont Hotel in Makati City.

DENR calls for swift passage of national water resources management bill

The Department of Environment and Natural Resources (DENR) is calling for the fast-tracked passage of House Bill (HB) No. 6789 that establishes a national framework for water resource management and the creation of the Department of Water Resources and the Water Regulatory Commission.