The National Economic and Development Authority (NEDA) said the release of targeted subsidies to the most vulnerable Filipino families will cushion the impact of elevated prices of oil and other commodities. Socioeconomic Planning Secretary Arsenio M. Balisacan said on Wednesday, Aug. 3, that it is...
The Marcos administration is aiming to raise Filipinos’ average earning to around P20,000 per month in two years, an income level that would propel the Philippines towards the much coveted upper-middle income status. From the current per capita income of $3,549 or roughly P197,692 at current...
Economic managers vowed full support behind the private sector, as the Department of Finance (DOF) asked investors to trust President Ferdinand R. Marcos Jr.’s government. “As the President said yesterday , the sate of the economy is sound. So, my advice to the private sector is trust your...
The National Economic and Development Authority (NEDA) said interdisciplinary coordination of three catalysts --Science, Technology, and Innovation (STI) -- will drive economic growth and address global risks and challenges. During the recent 44th Annual Scientific Meeting (ASM), NEDA’s response...
President Ferdinand "Bongbong" Marcos Jr. has ordered the speeding up of the printing and distribution of national ID cards so Filipinos can start using it by next year. President Ferdinand 'Bongbong' Marcos Jr. virtually presides over a meeting with NEDA Director-General Arsenio Balisacan. (Photo...
The National Economic and Development Authority (NEDA) raised the need to promote alternative work arrangements amid skyrocketing fuel prices, as it also urged the government to immediately address the logistical constraints in the country. In a statement, Socioeconomic Planning Secretary Arsenio...
President-elect Marcos’ chief economic manager has high hopes for incoming Socioeconomic Planning Arsenio M. Balisacan, describing the latter as the “poverty guru” of the next administration tasked to bring down the nation’s poverty rate to single-digit. Incoming Finance Secretary Benjamin...
Despite the ongoing pandemic, the Filipino heritage and culture will continue to be celebrated in this year's National Arts Month through diverse activities to be led by the National Commission for Culture and the Arts (NCCA). National Arts Month 2022 (Photo from National Commission for Culture and...
This priceless piece of precolonial heritage is a memento in this year’s celebration of 75 years of diplomatic ties between Australia and the Philippines LOST AND FOUND This long-lost mid-20th steel-and-wood axe, used for hunting and woodcarving in the Igorot communities of northern Luzon, is...
The Philippine Competition Commission (PCC), the anti-trust authority in the country, has expressed opposition to any extension on the suspension of its motu proprio review power on mergers and acquisitions (M&As). PCC Chairman Arsenio Balisacan said this at the virtual “Enhancing Competition...
The Philippine Army (PA) will further boost its mobility with the expected delivery this year of 90 Russian-made, troop-carrying trucks worth P324 million, the Department of National Defense (DND) bared Sunday, May 30. Department of National Defense Spokesperson Arsenio Andolong (Photo courtesy of...
The Philippine International Literary Festival happens this month and onward Portuguese poet Fernando Pessoa describes literature as “the most agreeable way of ignoring life.” Simply put, it’s the best kind of distraction. If so, then literature could easily be considered an “essential...
