ECCP at Work

ECCP sets 24th European Golf Tournament Nov. 13

Interested golfers may register through https://bit.ly/24thEGT-Registration, while prospective sponsors may view the partnership details at https://bit.ly/24thEGT-PartnershipDeck.

Stakeholders seek balanced approach regarding sugar tax hike

Business groups, tax experts and small-business representatives have urged the government to adopt an evidence-based approach to the proposed increase in excise taxes on sweetened beverages.

PH, US eye expanded cooperation on energy security

Department of Energy (DOE) Secretary Sharon Garin met with her US counterpart, Chris Wright, to discuss potential cooperation in liquefied natural gas (LNG), coal, geothermal and nuclear energy.

Poll: BSP to hike rates by 25 bps anew

If this holds, the key policy rate will match the benchmark rate set in June 2025 and will be the highest in one-and-a-half years or since 5.5% in April 2025. Since the Monetary Board began tightening in April, it has so far lifted key borrowing costs for three consecutive meetings by a total of 75 bps.

Peso slumps to new record low as global oil prices rise

John Paolo R. Rivera, Senior Research Fellow at Philippine Institute for Development Studies (PIDS) said the depreciation of peso “still reflects persistent dollar strength, elevated oil prices, geopolitical uncertainty, and increased demand for foreign currency.”

BOP gap widest ever at $9.087B in January-September

Experts raised these concerns after data from the Bangko Sentral ng Pilipinas (BSP) showed the BOP posted a $9.087-billion deficit in the January to September 2026 period—the largest year-to-date gap ever recorded. The country registered a $3.144-billion BOP deficit just for September 2026, a reversal of the $82-million surplus in September 2025.

Philippines needs productivity boost to sustain UMIC status — World Bank

World Bank Senior Country Economist for the Philippines Jaffar Al-Rikabi said capital accumulation has been the main driver of Philippine economic expansion since the global financial crisis, accounting for more than 90% of growth during the period.

Marcos pushes to improve nurse-to-patient ratio in PH

Marcos made the statement at the Philippine Nurses Association Inc. (PNA) National Annual Convention 2026 in Pasay City, where he highlighted the contributions of Filipino nurses to the country and the global healthcare workforce. He said his administration was working with the Department of Health (DOH), the Commission on Higher Education (CHED) and the Technical Education and Skills Development Authority (TESDA) to support nurses.

DOH aims to vaccinate over 2M students vs HPV under Bakuna Eskwela

"Our target for HPV is around 2.007 million learners from Grades 4 and 5 from public and private schools,” Alethea de Guzman, DOH Epidemiology Bureau director, said in a virtual media briefing. Bakuna Eskwela is an annual school-based immunization program of DOH and the Department of Education.

Philippines-Liechtenstein tax deal seen boosting investments

The newly signed tax agreement between the Philippines and Liechtenstein is expected to encourage Liechtenstein-based companies to expand their operations in the country and attract fresh investments, Finance Secretary Frederick D. Go said.

House upped budget for multi-purpose buildings, local roads by P170 billion

“By our count, they added more than P170 billion for multi-purpose buildings and local access roads and they reduced the funding for foreign assisted projects,” People’s Budget Coalition spokesperson AJ Montesa said in a DZBB Super Radyo interview.

CoA flags P1.93B in unliquidated DENR funds

State auditors said 79% of the P2.43 billion transferred to implementing agencies remained unliquidated at yearend because liquidation reports were missing or had not been submitted despite follow-ups.

Senate panel endorses DENR's P28-B budget for 2027

In his presentation, DENR Secretary Juan Miguel Cuna said P20.62 billion of the proposed budget would go to the department’s central office, staff bureaus, regional offices and other smaller offices.

Retailers may see modest holiday boost as Filipino shoppers seek value

Headline inflation quickened to an over three-year high to 7.2% in September from 6.1% in August and 1.7% a year ago, as prices of food, transport and utilities surged. Analysts also said the exit and restructuring of several foreign retail brands could create opportunities for local retailers to gain market share.