The Philippines stands to lose around P11 trillion in the next four-decades from the pandemic-induced school closures, the National Economic and Development Authority (NEDA) estimated. (Photo by JORGE GUERRERO : AFP : FILE PHOTO) Socioeconomic Planning Secretary Karl Kendrick T. Chua said Thursday,...
"Hindi po ngayon 'yung time na mapagod kahit pagod na pagod na tayo." Complacency among the public may be one of the factors in the continued surge of coronavirus disease (COVID-19) cases in the country, an expert said Wednesday, Sept. 1. MANILA BULLETIN FILE PHOTO In a virtual briefing, Dr. Karl...
The National Economic and Development Authority (NEDA) said the ability of the Philippines to move up to high-income country status hinges on the long-term development of the agriculture and manufacturing sectors. NEDA Sec. Karl Kendrick Chua In a recent speech at the Department of Trade and...
President Duterte’s economic mangers said the economy will return to pre-pandemic levels within the next two-years, reassuring Congress that the country has the capacity for a rapid expansion pace. (JANSEN ROMERO : MANILA BULLETIN) During the House Committee on Appropriations’ deliberations on...
Socioeconomic Planning Secretary Karl Kendrick Chua on Thursday, August 26, expressed optimism that the Philippines' economy will recover to a pre-pandemic level late next year or in early 2023. NEDA Secretary Karl Kendrick Chua (Malacañang Photo) During the first hearing of the House Committee...
The Philippine government may import more fish than the average amount in anticipation of this year’s closed fishing season, which could push food prices higher in the coming months. During the Food and Sustainability Forum organized by the Economic Journalist Association of the Philippines...
The economy has returned into growth mode, posting a dramatic performance in the second-quarter as expected, but the country’s recovery is losing steam as the rapidly spreading Delta variant has forced the government to put the breaks on further reopening plans. 25245 The gross domestic product...
Socioeconomic Planning Secretary Karl Kendrick T. Chua raised his initial estimated losses from the two-week lockdown from P210 billion to P300 billion after other areas outside the National Capital Region (NCR) were also placed under varying levels of strict quarantine controls. Enhanced Community...
The National Economic and Development Authority (NEDA) said the government is ensuring stable and affordable food prices amid the implementation of the enhanced community quarantine (ECQ) in Metro Manila and stricter quarantines throughout the country. Screen Shot 2021-08-06 at 1.42.20 PM In a...
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives for a mass housing project and two cement manufacturing plants all located outside Metro Manila. Chaired by Finance Secretary Carlos G. Dominguez III, the FIRB during its third meeting last August 2 approved the tax...
The National Economic and Development Authority (NEDA) said cash aid and accelerated vaccination program would help in partly reversing the negative impact of the enhanced community quarantine (ECQ) on the economy. Socioeconomic Planning Secretary Karl Kendrick T. Chua said Friday, July 30, that...
The behavior of the Chinese Coast Guard and maritime militia vessels in the South China Sea is “not consistent” with how the best coast guards in the world should act and operate. Admiral Karl Schultz, Commandant of the United States Coast Guard (Asia Pacific Media Hub) This was the assessment...
