ECCP at Work

PHL to host ASEAN energy officials meeting this week

The Philippines is set to host this week the Association of Southeast Asian Nations (Asean) Special Senior Officials Meeting on Energy (SOME) and its associated meetings in Bohol.

Philippines discovers ‘significant’ natural gas reserve at Malampaya East-1

The Philippines has made its first major natural gas discovery in more than a decade, a development that could strengthen domestic energy supply and support rising power demand, President Ferdinand R. Marcos, Jr. said on Monday.

IMF sees slower Philippine growth amid graft scandal, global shocks

The Philippine economy may expand slower until next year as global uncertainties and the local corruption controversy continue to drag growth, the International Monetary Fund (IMF) said.

‘CARS incentives to be funded from DPWH budget savings’

The government yesterday assured investors it would settle incentives under the Comprehensive Automotive Resurgence Strategy (CARS) Program with savings from the Department of Public Works and Highways’ (DPWH) budget last year as the funding source.

Construction permits still down in Nov—PSA

The number of approved building permits in the country remained low in November 2025, with the Philippine Statistics Authority (PSA) reporting a double-digit contraction in both the volume and value of constructions.

DOF eyes risk financing at Asean+3 gab

The Philippines, through the Department of Finance (DOF), is pushing for the urgent need to advance disaster risk financing as climate risks mount, as the DOF begins its co-chairmanship of the Asean+3 Finance Process this year. 

Investor sentiment high as Cabinet lays out 2026 growth roadmap

The government’s “bold reforms” to restore investor confidence and improve the country’s business environment could help reverse the decline in foreign investments this year, according to the European Chamber of Commerce of the Philippines (ECCP).

PH to adopt IMF style of debt framing

Finance Secretary Frederick Go said the Philippines will shift to the debt metrics adopted by the International Monetary Fund (IMF) to align the country with the more accurate and globally accepted standards.

Single contract eyed for LRT-1, MRT-3

The country’s busiest railways – Metro Rail Transit Line 3 (MRT-3) and Light Rail Transit Line 1 (LRT-1) – could end up being managed by a single group eyeing to operate train services jointly to make them profitable assets.

DA: Reforms to improve execution of farm programs

The Department of Agriculture (DA) has launched a sweeping reform agenda to fix what it dubbed the “broken economics” of the country’s farm sector.