The British Chamber of Commerce Philippines (BCCP) will convene government and business leaders this Thursday (January 29, 2026) in Makati City to assess the Philippine economic outlook for 2026 amid global volatility, trade realignments, and ongoing domestic reforms.
The Trade & Connect forum, titled “Forecasting 2026: UK-PH Economic Perspectives,” is being held with The Philippine Business and News as media partner.
The event comes as British investment in the Philippines has reached ₱45.44 billion, signaling continued foreign interest, even as overall foreign direct investment (FDI) declined in 2025 and governance concerns, including issues linked to flood control projects, weigh on investor sentiment.
BCCP Executive Vice Chair Chris Nelson said global headwinds, including US tariffs and geopolitical uncertainties, are reshaping trade flows but also creating openings for the Philippines.
He said in a recent interview that, “I think having the Philippines join CPTPP, of course they have to accede, would allow them to access that market and be much more involved with the UK, along with of course the current JETCO. And I would see growth in trade moving forward.”
The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) is seen as a potential driver of deeper trade integration, alongside ongoing cooperation under the UK-Philippines Joint Economic and Trade Committee (JETCO).
Nelson also highlighted the proposed Cybersecurity Act as key to strengthening investor confidence.
He said, “Well, I think it’s very important that the Cybersecurity Act in this form be passed this year… I think passing the Cybersecurity Act will make companies more conscious and increase protection.”
He added that reform momentum must remain urgent.
“The Philippines lives in a very competitive environment. We have got to keep up with what other countries are doing and also give it a sense of urgency,” he said.
Discussions at the forum will cover fiscal strategy, priority public spending, tax and legislative reforms under the Legislative-Executive Development Advisory Council (LEDAC), and the evolving UK-PH trade relationship.
To join the event, you may register through this link: https://britcham.org.ph/events/trade-and-connect-forecasting-2026/