ECCP at Work

FDI inflows slump 31% in February

Net inflows of foreign direct investments (FDIs) into the Philippines declined by nearly 31% year on year in February, the Bangko Sentral ng Pilipinas (BSP) said.

Luzon Economic Corridor draws in 7 new countries

Economic development in Luzon is gaining more traction after the governments of the Philippines, United States and Japan welcomed seven more countries as partners.

Moody’s Analytics: Price shocks hit growth engine

Consumer spending is beginning to lose momentum, raising concerns that one of the Philippines’s growth cushions may be weakening, according to Moody’s Analytics.

Finance chief: EU-Philippines free trade pact seen in Q3

A free trade agreement between the European Union and the Philippines is expected to be signed in the third quarter of the year, a move seen to “strengthen trade, unlock new opportunities for exporters, and deepen economic partnership with the EU,” Finance Secretary Frederick Go said.

PH fuel prices still easing amid uncertainty

Diesel and kerosene prices this week have dropped further, while gasoline only had a slight increase, amid local fuel prices largely continuing to ease, even as oil prices in this region soared anew following developments in the Iran war.

EV adoption campaign seen facing affordability hurdles

The campaign to promote the adoption of electric vehicles (EVs) as an alternative to internal combustion engine (ICE) cars is running up against affordability concerns and the dearth of charging infrastructure, according to Agile Data Solutions, Inc., a market research firm.

EU, PH start study of critical minerals

The European Union (EU) and the Philippines have launched a joint study on critical raw materials as part of a partnership aimed at guiding future investments and sustainability standards in the local mining sector.

Q2 growth outlook remains weak

Philippine gross domestic product (GDP) likely remained below the government’s 5-6% growth target in the second quarter as higher oil prices and tighter financial conditions continued to dampen domestic demand, analysts said. 

$300-million ADB loan to support DoE rooftop solar, efficiency programs

The Department of Energy (DoE) said it is hoping to tap a $300-million loan package from the Asian Development Bank (ADB) this year to launch a program supporting the use of rooftop solar energy and efficient appliances in public schools and government hospitals.

Government debt payments dip to P169 billion in March

The Marcos administration reduced its debt payments to P169 billion in March amid a decline in amortization payments. Still, debt service more than doubled in the first quarter, the Bureau of the Treasury (BTr) said.

PHL imposing SSG on 4 agri products

The Philippines will impose special safeguard (SSG) duties on four agricultural products that were previously not covered by the trade measure, including onions and meat offals.

ECCP’s 9th Sustainable Agriculture Forum pushes collaborative action for resilient growth

The European Chamber of Commerce of the Philippines (ECCP), through its Agriculture Committee, held the 9th Sustainable Agriculture Forum bringing together leaders from the government, industry and development institutions to explore strategies that can drive resilience, productivity and inclusive growth in the Philippine agriculture sector, at Raffles and Fairmont Makati on April 30, 2026.

ASEAN, EU leaders push stronger sustainability cooperation amid energy crisis

ASEAN and European Union (EU) leaders last week called for stronger regional cooperation and urgent action on sustainability, energy transition and economic resilience as Southeast Asia faces mounting pressure from an ongoing energy crisis and supply chain disruptions.