ECCP at Work

Inflation could peak in November

PHILIPPINE INFLATION could hit a fresh high for the year in November as persistent and emerging price pressures threaten to drive up consumer prices, economists said.

Philippine GDP growth to slow to 3% in 2026 — UA&P

THE PHILIPPINE ECONOMY is projected to fall short of the government’s 3.5%-4.5% growth target this year, with the University of Asia and the Pacific (UA&P) expecting a 3% gross domestic product (GDP) growth.

Infrastructure spending likely to remain below 5% of Philippine GDP — Moody’s

INFRASTRUCTURE spending in the Philippines will likely remain below 5% of gross domestic product (GDP), as weak sentiment and lingering external shocks constrain public investment, Moody’s Ratings said.

PEZA investment approvals seen to hit P320 billion

THE PHILIPPINE ECONOMIC Zone Authority (PEZA) expects investment approvals to hit a record high of as much as P320 billion this year after exceeding its full-year target ahead of schedule.

ERC issues show-cause orders to 13 power firms over unplanned outages

THE Energy Regulatory Commission (ERC) has issued 24 show-cause orders against 13 generation companies (gencos) whose generating units were identified as having exceeded allowable equivalent unplanned outage limits, amid concerns over tight electricity supply in the Visayas and Mindanao.

PAL Holdings swings to P8.06-B loss in Q3 as fuel costs rise

PAL HOLDINGS, Inc., the parent company of flag carrier Philippine Airlines (PAL), posted an attributable net loss of P8.06 billion in the third quarter (Q3), reversing a year-earlier profit, as higher fuel costs and operating expenses outpaced revenue growth.

Vince Dizon invites Gabriel Go to join DOTr 

Newly reinstated Transportation Secretary Vince Dizon said he has invited Manila Development Authority’s (MMDA) Gabriel Go to join the Department of Transportation (DOTr).

79 alleged rebels killed in military ops in 2026, says NTF-ELCAC

More than 1,000 communist terrorist group members have been neutralized so far in military operations this year, the National Task Force to End Local Communist Armed Conflict (NTF-ELCAC) said. In a statement, the task force said that 1,355 alleged communist terrorist group members have been neutralized. Of this number, 1,227 surrendered, 48 were arrested, and 79 were killed during military operations.

DA admits submitting wrong coordinates for 8 proposed 2027 farm-to-market roads

The Department of Agriculture (DA) on Wednesday admitted that eight farm-to-market road (FMR) projects included in its proposed 2027 budget contained incorrect coordinates due to supposed "encoding and geotagging errors."

DA to engage in bilateral talks during agri mechanization meet in Manila

The Department of Agriculture (DA) is expected to hold bilateral discussions with representatives from other countries during a global meeting of agricultural leaders and experts in Manila aimed at strengthening agricultural mechanization.

Marcos administers oath of 10 Cabinet officials

President Ferdinand “Bongbong” Marcos Jr. administered Friday the oath of office to 10 of his ad interim appointees heading various government agencies.

Philippines Q2 GDP revised upward to 2.4% 

The Philippine economy grew slightly faster than initially reported in the second quarter of 2026, with gross domestic product (GDP) growth revised upward to 2.4% from the preliminary estimate of 2.3%, the Philippine Statistics Authority (PSA) said.

Philippine unemployment rises as labor force expands

The unemployment rate increased to 5.4% in September from 3.8% a year earlier and 5.3% in August. The number of unemployed Filipinos rose to 2.86 million from 1.96 million in September 2025 and 2.77 million in the previous month.

October inflation climbed to 44-month high of 7.8%
Headline inflation in the Philippines rose significantly to 7.8% in October, marking its highest level in nearly three years, driven primarily by persistent food supply disruptions and elevated global energy and transport costs.

Agriculture and fisheries output shrank 5% in third quarter
Agricultural production in the Philippines contracted by 5% year-on-year in the third quarter to ₱389.42 billion, with the Philippine Statistics Authority citing severe weather disruptions, typhoons, and livestock output drops as key factors.

Maharlika earns ₱2.9 billion as investments gain traction, but ₱35-billion deployment target slips
The Maharlika Investment Corp. announced plans to commit up to ₱4 billion toward energy infrastructure and strategic development projects aimed at stabilizing power grid capacity across provincial hubs.