ECCP at Work

House finalizing budget amendments

A House of Representatives committee on Monday moved to channel billions worth of flood control funds to education and health as they began revising the proposed P6.793-trillion national budget for 2026.

BSP to revise 2025 BOP forecast

The Bangko Sentral ng Pilipinas (BSP) is expected to revise its end-2025 balance of payments (BOP) forecast within the next few days to reflect the latest trends in the country’s external accounts.

Philippine pharma sector revenues seen hitting $2B in 2025

The Philippine pharmaceutical industry is projected to generate almost $2 billion in revenues this year, given the government’s continued support for the fast-growing sector.

DICT: Konektadong Pinoy IRR done by October 2

The Department of Information and Communications Technology (DICT) said it has set Oct. 2 as the self-imposed deadline to finish the implementing rules and regulations (IRR) for the Konektadong Pinoy Act, which lapsed into law in August.

Inflation risks ‘tilted to downside’ ahead of next BSP rate decision

The Bangko Sentral ng Pilipinas (BSP) views the risks to inflation to be weighted towards the downside ahead of its next decision on interest rates, a central bank official said.

ASEAN mineral strategy finalized in November

Asian countries are putting the finishing touches on a new five-year plan that will guide cooperation on mining, energy and disaster risk studies, with the document expected to be approved in November.

Nueva Vizcaya ARBs get P20-M irrigation project

Agrarian beneficiaries (ARBs) in Nueva Vizcaya received a P20-million irrigation project from the Department of Agrarian Reform (DAR) and the National Irrigation Administration (NIA), the agencies said.

Construction seen slowing as corruption backlash deepens

The backlash against corruption in infrastructure projects could dampen construction activity in the next few quarters, Pantheon Macroeconomics said.

At House, DepEd gets P22.5-B boost to P3.28-B classroom funds request
House lawmakers approved on Monday, September 22, a P22.5-billion increase in the Department of Education’s classroom construction budget for next year — almost seven times more than what the agency initially sought.

Growth goals in peril in ’26 amid tariff jitters

The national government’s growth targets may not be met next year as uncertainties caused by higher US tariffs are bound to dampen investor demand, according to the Bangko Sentral ng Pilipinas (BSP).

PHL third-hardest hit in Southeast Asia by US tariff shocks — UNDP

The Philippines  is projected to be the third-most affected economy in Southeast Asia by US tariffs, as its exports to the US are expected to contract by 13%, a United Nations Development Programme (UNDP) report showed.

From bottlenecks to breakthroughs: The changing face of PH logistics

Now valued at over $55.65 billion, the Philippines’ logistics market is simplifying the geographic complexity of island-to-island delivery and the digital revolution is transforming how Filipinos shop and businesses operate.

PH ocean economy exceeds P1-T in 2024
The Philippine ocean-based industries reached the PHP1 trillion-mark last year, accounting for almost 4 percent of the country's gross domestic product (GDP), data from the Philippine Statistics Authority (PSA) showed.

DOH: Return of P60-B to PhilHealth vital to Universal Health Care

The Department of Health (DOH) on Saturday welcomed President Ferdinand R. Marcos Jr.’s decision to return the PHP60 billion surplus funds to the Philippine Health Insurance Corporation (PhilHealth).

Better data management seen key for PHL companies to benefit from AI

Philippine companies need to improve how they track and manage their data to get the most out of their artificial intelligence (AI) investments.

US import dependence on EU on the rise, outpacing China, study finds

The United States relies more heavily on imports from the European Union than commonly assumed, with the bloc surpassing China in both total value and the number of goods, according to a study from Germany’s IW economic institute.

BoP surplus widens to $359 million

The Philippines’ balance of payments (BoP) surplus ballooned to $359 million in August, reflecting gains in the central bank’s net income from overseas investments, the Bangko Sentral ng Pilipinas (BSP) said.

SEC enhances shelf registration, extends validity to 5 years

The Securities and Exchange Commission (SEC) has extended the shelf registration validity period to five years from three years to provide issuers of securities with more flexibility in their offerings.