ECCP at Work

Marcos expecting regional trade to offset threat to ‘rules-based’ order

President Ferdinand R. Marcos, Jr. said the Philippines will play a prominent role in regional trade and investment networks as ASEAN leaders called for measures to boost resilience in the face of uncertain global markets.

ADB ready to extend financing to support PHL grid system

The Asian Development Bank (ADB) is looking to extend up to a billion-dollar financing to strengthen the Philippine grid system in anticipation of the entry of new capacity coming from renewables, especially offshore wind.

Farm-to-market roads pass from DPWH to DA

The Department of Agriculture (DA) will assume responsibility for developing farm-to-market roads or FMRs starting next year, taking over from the Department of Public Works and Highways following the corruption scandal that has prompted probes into DPWH infrastructure projects.

Marcos signs law making Pogo ban permanent 

President Ferdinand Marcos Jr. has signed into law a measure banning all offshore gaming operations in the Philippines, as well as other related activities.

PH leads SEAsia insurance pact to protect public assets from disasters

The Department of Finance (DOF) announced it is spearheading a new global initiative that will enable Southeast Asian nations, including the Philippines, to safeguard vital public assets and ensure the uninterrupted delivery of essential services to citizens in the aftermath of natural disasters.

Pinoy Generation Alpha could be growth booster, says BMI

The Philippines' growing Generation Alpha population—the highest proportion in Asia—could be a domestic edge boosting consumption growth, according to BMI, a Fitch Solutions Company.

Import ban lifted on poultry from Argentina, Romania, Turkey

The Department of Agriculture (DA) said it lifted the ban on imports of wild and domestic birds from Argentina, Romania, and Turkey.

PH to champion climate action, UN partnership— Marcos

President Ferdinand Marcos Jr. pledged in a meeting with UN Secretary-General António Guterres on the sidelines of the Asean Summit in Malaysia the Philippines will remain a champion of climate action and a reliable partner of the United Nations.

DPWH creates expert panel on flood works

The Department of Public Works and Highways (DPWH) has established a Technical Working Group (TWG) of independent experts to scrutinize all flood control projects planned for the 2027 national budget.

P1.42B earmarked for 24 Philippine climate adaptation projects

The People’s Survival Fund (PSF) is funding 24 climate adaptation projects for local communities with a financing commitment totaling P1.42 billion, Finance Secretary Ralph Recto said on Tuesday.

Nomura slashes Philippine growth forecast amid graft scandal

Philippine economic growth may slow to 4.7% this year, as government spending is expected to further decline amid the corruption investigation in infrastructure projects, Nomura Global Markets Research said.

Government reviewing national sardines management plan

The government is reviewing its five-year program that guides the sustainable management of the country’s sardine resources to assess its progress and identify new strategies for the next phase of implementation.

PHL gets ‘verbal’ assurances from Fitch, Moody’s on outlook 

Fitch ratings and Moody’s Ratings will stick to their views on the Philippines’ prospects even in the face of the flood control scandal, the Department of Budget and Management (DBM) said.

Makers of basic goods vowed to keep prices steady — Trade dep’t

The Department of Trade and Industry (DTI) said makers of basic necessities and prime commodities have committed to keep prices steady even with the approach of the year-end holidays and the accompanying spike in demand.

PEZA on track to hit 2025 investment pledges goal

The Philippine Economic Zone Authority (PEZA) said it is on track to achieve this year’s P250-billion investment pledges target.