ECCP at Work

Philippine inflation accelerates to 2% in January

Philippine inflation accelerated to its fastest pace in nearly a year in January amid a faster rise in rents and electricity rates, the Philippine Statistics Authority (PSA) reported. 

Targeted tax incentives and less borrowings may help Philippines avert ‘growth recession’ — CPBRD

The Philippine government should boost industrial output through targeted tax incentives while cutting reliance on borrowing, allowing the private sector to drive economic activity and support a slowing economy that showed signs of a “growth recession” last year, a congressional think tank said.

Typhoon shocks pose risk to growth – IMF

More frequent and destructive typhoons are increasingly acting as a double shock to the Philippine economy, with new analysis from the International Monetary Fund (IMF) showing that severe storms can simultaneously push up inflation and drag down output.

Govt launches P5.6T connectivity drive to close internet gap

The Marcos administration is rolling out a P5.6-trillion, 11-year national connectivity program aimed at closing the Philippines’ digital divide and delivering fast, affordable, and reliable internet nationwide, the Department of Information and Communications Technology (DICT) said on Thursday.

Palace legislative unit starts refining rice bill restoring powers of NFA

The Presidential Legislative Liaison Office (PLLO) has started refining the bill on the Rice Industry and Consumer Empowerment (RICE) Act to harmonize its proposed amendments, which include restoring functions of the National Food Authority, with the Philippines’ Rice Tariffication Law.

IMF says PHL transition to RE plagued by bottlenecks

Recent reforms in the Philippine energy sector have boosted investment in renewable energy (RE), but the power system must still resolve bottlenecks to achieve its clean-energy goals, the International Monetary Fund (IMF) said.

Tower sharing, fiber network expansion seen attracting more investment — DICT

The Department of Information and Communications Technology (DICT) said the National Digital Connectivity Plan, which calls for tower sharing and fiber network expansion, is expected to attract more investment.

Govt keeps 2–4% inflation target for 2026-2007 as non-food costs rise

The government affirmed its inflation targets for 2026 and 2027 at 2 to 4 percent, seeing the easing of food price increases offset by the acceleration in non-food inflation and growing pressure from energy costs.

Tesda launches digital ‘Skills Passport’ app to modernize training and boost job access

The Technical Education and Skills Development Authority (Tesda) on Thursday introduced a new app as part of the agency's initiative to modernize technical-vocational education and training (TVET) and improve access to skills development for Filipino learners and workers.

DOTr orders extension of airport runways

The Department of Transportation (DOTr) on Thursday ordered the extension of airport runways to at least 2,100 meters, as well as, the installation of equipment to enable these to be night rated.

Customs accredits 11 firms for expedited clearance program

The Bureau of Customs (BoC) said it accredited 11 firms for its Authorized Economic Operator (AEO) program in 2025, which granting expedited clearance in exchange for meeting compliance and security standards.

DOTr funnels P75 million for LRT-1 relocation

The Department of Transportation (DOTr) is spending P75 million to put up additional facilities in the relocation site for informal settler families (ISFs) displaced by the expansion of Light Rail Transit Line 1 (LRT-1).

‘Philippines at risk of returning to dirty money list’

The Philippines faces a real risk of being placed back on the Financial Action Task Force (FATF) gray list, although authorities are taking steps to prevent a reversal of the country’s recent gains in anti-money laundering and counter-terrorism financing (AML/CTF) reforms.

BoI approves green-lane treatment for wind project

The Board of Investments (BoI) said it endorsed a P30.92-billion onshore wind project for green lane treatment last month, bringing the total of green-lane eligible projects in the pipeline to P6.14 trillion.