ECCP at Work

ASEAN, EU leaders to tackle sustainability at Cebu summit

State officials from Southeast Asia and European business executives will gather in Cebu this week for the inaugural ASEAN-EU Sustainability Summit, where discussions will center on economic resilience, sustainable growth and the region’s worsening energy crisis.

Philippine annual inflation sizzles to 7.2% in April, highest in three years

Philippine annual inflation was at 7.2% in April, above the previous month’s 4.1% rate, the statistics agency said on Tuesday.

The Philippines’ PPP pipeline reaches P3.16T, led by transport projects

The Philippines’ pipeline of public-private partnership (PPP) projects has reached 252 with a combined value of P3.16 trillion, the government said.

ADB to mobilize $70 billion to connect Asia-Pacific power grids, digital highways

The Asian Development Bank (ADB) aims to mobilize $70 billion to support initiatives aimed at improving energy and digital access across Asia-Pacific by 2035.

Philippine manufacturing activity contracted in April as war bites

The fallout from the Middle East war continued to ripple across the Philippine manufacturing sector, dragging factory activity into contraction territory in April for the first time in five months.

Energy crisis takes center stage at ASEAN-EU Summit

Energy stress and supply chain disruptions across Southeast Asia are pushing ASEAN and European leaders to tighten cooperation, as they prepare to meet in Cebu for a high-level summit focused on sustainable growth and economic resilience.

Inflation likely accelerated to over 2-year high in April — poll

Sharp increases in fuel, electricity, and some food prices, along with a weaker peso, may have driven Philippine inflation to its fastest pace in more than two years, analysts said.

NG borrowings drop nearly 40% in March

National government (NG) gross borrowings declined by nearly 40% in March as domestic debt plunged, the Bureau of the Treasury (BTr) said.

Q1 growth rebounded to 3.4%; recovery fragile

The Philippine economy likely regained some momentum in the first quarter, though growth remained below its potential and the Marcos administration’s target, as a fragile rebound was disrupted by a global energy shock linked to the conflict in the Middle East.

Slowdown in shipping cargo adds pressure to food prices

Food prices – already affected by higher oil and fertilizer costs – may take another hit as supply tightens due to the reduction in cargo trips by local shippers.

ASEAN needs to treat climate damage as fiscal risk — PH officials

ASEAN governments must treat climate damage not merely as an environmental concern but as a fiscal risk that can weaken productivity, raise public debt, and strain national budgets, Philippine officials said.

Coconut output seen rising despite El Niño risks

Coconut production is expected to increase this year despite concerns over dry weather linked to El Niño, while exports of coconut oil are expected to come in flat to lower, according to the Philippine Coconut Authority (PCA).

ECCP pushes agri modernization, EU trade prospects

Philippine agriculture is facing a pivotal moment as stakeholders from government, business, and development sectors push for faster modernization, stronger financing systems, and deeper global partnerships to lift productivity and resilience in the countryside.

ECCP forum pushes collaborative action for resilient agriculture

The European Chamber of Commerce of the Philippines (ECCP) convened government, industry and development leaders for its 9th Sustainable Agriculture Forum on 30 April, highlighting the need for coordinated action to strengthen resilience, productivity, and inclusive growth in the country’s farm sector.