Home>News & Insights>Publications>Philippine scandal puts state projects on hold – and energy consumption drops, tooPhilippine scandal puts state projects on hold – and energy consumption drops, too CEIC Publications Ana Cuello Franco 12.05.2026 under a minute read Our ASEAN Premium database is unlocking more signals from one of the world’s most dynamic regions. In this case, we examine the Philippines, where a scandal involving large flood-control projects is having profound consequences on the real economy. Allegations of corruption began in 2024 and were more widely publicized in mid-2025 – and that’s when trends change in our chart. Oil imports and electricity use started shrinking as major projects were put on hold. Government capital outlays tipped into a prolonged period of year-on-year contraction. Tags ASEANCorruptionPhillipinesRecent Posts El crecimiento de los centros de datos en América Latina impulsa nuevas oportunidades de inversión EMIS 05.06.2026 Insights América Latina dejó de ser solo una oportunidad en desarrollo y hoy se consolida como uno de los mercados de Read More The AI-driven semiconductor supercycle accelerates CEIC 05.06.2026 Publications Past semiconductor cycles were tied to inventory restocking or short-term electronics demand. But a multitude of indicators suggest the industry Read More South Korea’s won isn't being helped by the chip boom CEIC 05.06.2026 Publications South Korea’s AI-exposed tech sector is driving a healthy economy, but the currency is near 17-year lows against the US Read More Sorry, no articles match the current filters. Sorry, no articles match the current search query.