ECCP at Work

DOE to issue soon carbon credit guidelines

The Department of Energy (DOE) will release next month the policy guidelines for the issuance, management, and monitoring of carbon credits in the energy sector.

PH must adopt AI or risk being left behind – govt’s PIDS

The Philippine Institute for Development Studies (PIDS) underscored the need for the country to embrace Artificial Intelligence (AI) in governance and everyday systems, warning that failure to adapt could leave the country trailing behind in the global shift.

DA’s Tiu Laurel urges Senate to boost farm sector investment

The Department of Agriculture (DA) has called on the Senate to significantly increase funding and support for the farm sector, warning that decades of underinvestment have left the country reliant on imports and its farmers struggling.

‘Philippines needs at least $72 billion for climate action plan’

The Philippines will require at least $72 billion (about P4 trillion) in financing to reduce its carbon emissions and support global efforts in confronting the climate crisis.

BOI tags Pangasinan solar park for ‘green lane’

A solar power facility in Pangasinan is the latest project to obtain a green lane certification from the Board of Investments (BOI). This is expected to help reduce electricity rates and support the government’s renewable energy agenda.

DOE explores Palawan’s hydrogen potential in clean energy push

The Department of Energy (DOE) recently completed a field survey in Palawan as part of its nationwide effort to assess the country’s potential for native or “white” hydrogen.

Easing to persist on weak GDP, inflation

The underperformance of the economy in the first quarter as well as the slowdown in inflation could prompt the Bangko Sentral ng Pilipinas (BSP) to continue easing monetary policy, according to an international think tank.

Growth in Philippine office space demand accelerating

Demand for office space in the Philippines grew at the second-fastest pace in the Asia-Pacific region, reflecting a recovery in the sector and a broader shift in occupier preferences.

Pangandaman sees 6% GDP growth in second half

Philippine economic growth seen to pick up in the second semester, amid an expected rebound in government spending following the election-tied ban, Budget Secretary Amenah F. Pangandaman said.

Infrastructure spending rebounds in June

State spending on infrastructure bounced back in June, as disbursements for public works projects resumed after the election ban was lifted in early May, the Department of Budget and Management (DBM) said.

Government decision on bundled airport PPP out by year-end

Transportation Secretary Vince Dizon has given his team until the end of the year to look into the public-private partnership (PPP) proposal filed by the Philippine Regional Airports Consortium.

National Fiber Backbone seen completed next year

The Department of Information and Communications Technology (DICT) said it expects to complete the final phases of the National Fiber Backbone next year.

NAIA fee hikes not arbitrary, allowed by concession terms, operator says

Plans to raise the passenger service charge (PSC) at the Ninoy Aquino International Airport (NAIA) are within the parameters of the concession agreement, the airport operator said on Wednesday.

New taxes ruled out amid record debt

The government will not introduce new tax proposals in the 20th Congress, Finance Secretary Ralph G. Recto said, reaffirming the administration’s fiscal consolidation strategy despite record-high debt.

Remittances likely to remain resilient for rest of 2025 — analysts

Cash Remittances are projected to remain resilient for the rest of the year, potentially surpassing the Bangko Sentral ng Pilipinas’ (BSP) 2.8% full-year growth target, analysts said. However, they also warned of possible external shocks that could dampen remittance growth.

Clark airport trims passenger growth forecast for 2025

Clark International Airport lowered its passenger growth forecast for the year after the transfer of turboprop operations from Ninoy Aquino International Airport (Naia) was pushed back to March 2026. 

Credit perception flat despite fintech boom, data show

Filipinos’ attitudes toward formal credit barely budged over the past year despite the growing popularity of fintechs, according to new data from TransUnion, as anxieties over fraud and steep rates for first-time borrowers continue to hold back wider adoption.