ECCP at Work

Slow growth to keep BSP on hold despite oil price shocks

Tepid economic growth will likely force the Bangko Sentral ng Pilipinas (BSP) to stand pat until yearend even as oil price shocks amid the Middle East war are expected to stoke inflation, Fitch Solutions unit BMI said. 

ARTA says data centers critical to improving government services

The Anti-Red Tape Authority (ARTA) said data centers will play a crucial role in supporting improvements to government services as well as the growth of the digital economy.

Stagflation a real risk for economy–Habito

As the Philippines continues to bear the brunt of rising oil prices amid ongoing tensions in the Middle East, a former National Economic and Development Authority (Neda) director general warned on Monday that the economy could be at risk of stagflation.

New forest monitoring system launched

The Japan International Cooperation Agency (Jica) and the Department of Environment and Natural Resources (DENR) signed a new four-year technical cooperation project aimed at strengthening forest monitoring and management systems in the Philippines.

Inflation seen surging past 4% soon

Headline inflation as closely monitored by the business sector appears headed for a surge beyond 4 percent in the near term and could average more than 5 percent for full-year 2026 if oil prices stay elevated for a prolonged period, a leading bank economist said on Monday.

Business confidence improves in February before Middle East conflict — BSP survey

Businesses were more optimistic in February as they expected strong consumer demand and better economic conditions, results of the Bangko Sentral ng Pilipinas’ (BSP) monthly business expectations survey (BES) showed.

Gov’t eyes offshore issuance in Q2

The government is looking at tapping the offshore bond market in the second quarter, the Bureau of the Treasury (BTr) said.

ERC pushes staggered power cost recovery

The Energy Regulatory Commission (ERC) has urged power utilities to implement staggered billing with suppliers to soften the impact of rising electricity rates on consumers.

DOJ: Other agencies may issue non-TPC perks to EVs

The Department of Justice (DOJ) has held that concerned government agencies may provide other incentives  other than a tax payment certificate (TPC) to promote the electric vehicle industry in the country.     

World Bank approves $1B program to modernize PH agriculture

The World Bank has approved a $1-billion financing program to help modernize Philippine agriculture, with the initiative expected to raise farm productivity, strengthen climate resilience and benefit at least five million farmers.