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 Indonesia's accelerating food inflation might prompt a hike by new central bank chief CEIC 25.09.2026 Insights As another wave of inflation spills over from energy costs and ripples through the global economy, the #ASEAN nations have Read More US-China trade retreats, but much more so for sensitive sectors CEIC 25.09.2026 Insights Chinese President Xi Jinping's state visit to Washington put renewed focus on high-level engagement between the world's two largest economies. Read More Hong Kong's first 5-year plan aims to boost innovation, offshore RMB role CEIC 25.09.2026 Insights The Hong Kong Special Administrative Region recently unveiled its first five-year plan. Echoing the state-led, longer-term planning model seen elsewhere Read More Sorry, no articles match the current filters. Sorry, no articles match the current search query.