The National Economic and Development Authority (NEDA) said the government is finalizing a list of flagship projects worth P15 trillion that will be up for President Marcos’ approval next month. During the Makati Business forum on Thursday, Feb. 23, NEDA Secretary Arsenio...
The National Economic and Development (NEDA) expects slower growth for next year due to substantial external and internal headwinds. Socioeconomic Planning Secretary Arsenio M. Balisacan said the economy would likely grow above seven percent this year, but it is expected to expand at a much slower...
There is, so far, no discussion on whether or not the government would duplicate the Senate's inflation relief aid to its employees in the executive department and to the public. Citizens gather in front of the Department of Social Welfare and Development (DSWD) along Legarda Street, Manila, after...
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Tuesday, Feb. 21, dismissed criticisms of the Regional Comprehensive Economic Partnership (RCEP) as the Marcos administration pushed for its ratification to address long-standing issues in the country’s agricultural...
The National Innovation Council (NIC) approved several project proposals geared towards developing “innovative solutions,” the National Economic and Development Authority (NEDA) said. In a briefing, NEDA Secretary Arsenio M. Balisacan said the 25-member council chaired by President Marcos...
The National Economic and Development Authority (NEDA), the country’s macro-economic policy planning agency, stressed that the Philippines has no choice but to ratify the Regional Comprehensive Economic Partnership (RCEP), while big businesses believe on the need to expose domestic industries to...
The National Economic and Development Authority (NEDA) said the “high-value deals” sealed by President Marcos during his recent visit to Japan is expected to generate thousands of jobs for Filipinos. In a statement on Thursday, Feb. 16, NEDA Secretary Arsenio M. Balisacan said the 35...
Transforming consumption and production patterns will be vital in accelerating the country’s shift toward a more sustainable and climate-smart economy, the National Economic and Development Authority (NEDA) said. In the event Philippine Development Plan 2023-2028: From Plan to Action focusing on...
The country's unemployment rate dropped to 4.3 percent in December 2022 as against 6.6 percent in December 2021, but the full-year unemployment rate remained below its pre-pandemic average, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report on Wednesday, Feb. 8, the...
President Ferdinand R. Marcos Jr. approved the implementation of seven infrastructure projects worth P154.72 billion, including a cancer center for the University of the Philippines - Philippine General Hospital (UP-PGH), the National Economic and Development Authority (NEDA) announced. In a...
DAVOS, Switzerland — Members of President Ferdinand "Bongbong" Marcos Jr.'s economic team said that at least nine international companies had signified their desire to invest or expand their business in the Philippines. Communication Secretary Cheloy Velicaria-Garafil, Trade Secretary...
Unemployment rate in November fell to its lowest level in over 17-years, signaling the strong recovery of the economy from the prolonged pandemic, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported on Friday, Jan. 6, that the level of...