There is no major impact caused by the Israel-Hamas war on the country's economy, a Cabinet official said. NEDA Secretary Arsenio Balisacan (Photo courtesy of PCO) National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said there is "hardly any impact" as there is no major...
The National Economic and Development Authority (NEDA) does not support the increase of interest rates, noting that it could hurt consumers amid high inflation. “If I were in the Monetary Board, I would say no. We have been the most aggressive in the region in raising interest rates,” NEDA...
The government’s inter-agency body on inflation has officially recommended to President Marcos that the reduced import tariff on rice be extended until the end of next year, the National Economic and Development Authority (NEDA) said. After the Oct. 3 meeting of the Inter-Agency Committee on...
President Marcos said the country must prop up its spending on research and development to maintain the Philippines' emerging image as an "innovation achiever." President Ferdinand 'Bongbong' Marcos Jr. leads the launching of the National Innovation Agenda Strategy Document (NIASD) on Sept. 27,...
The National Economic and Development Authority (NEDA) has welcomed the signing of the Trabaho Para sa Bayan (TPB) Bill into law. Senate Majority Leader Joel Villanueva filed the measure with the aim of tackling various labor market challenges such as unemployment, underemployment, youth...
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said they support the proposal to ban Philippine Offshore Gaming Operators (POGOs) in the country, stressing legitimate investments are encouraged over those that "promote negative externalities to society." NEDA...
The Sandiganbayan has denied the motion of former National Economic Development Authority (NEDA) regional director Jose Romeo C. Escandor to render community service instead of serving the six-month imprisonment imposed on him for sexual harassment in 2013. Despite the denial, however, the...
The National Economic and Development Authority (NEDA) on Tuesday, Sept. 12 said it welcomes potential investors to prioritize projects in Mindanao, particularly in the energy and agricultural sectors. At the Philippine dialogue with investors in Doha, Qatar, NEDA Secretary Arsenio M....
While the dream of rice being bought at P20 per kilo is still unattainable, the government believes improving Filipinos' purchasing power is "a good direction" to take now. National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said the goal to bring down the price of rice...
Senate Majority Leader Joel Villanueva has urged the government to step up efforts to reskill and upskill Filipinos to give them wider employment opportunities. Senate Majority Leader Joel Villanueva (Senate PRIB Photo) During the briefing of the Development Budget Coordinating...
The government should come up with a comprehensive contingency plan to ensure rice supply in the country is sufficient and will counter its rising price. National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan attends the Development Budget Coordinating Council's (DBCC)...
Senator Robinhood "Robin" C. Padilla on Tuesday, May 23, lamented the decline of the Philippine sugar industry. During the Senate Blue Ribbon committee hearing on the alleged "state-sponsored" smuggling of 440,000 metric tons of sugar last February, Padilla noted that the Philippines exported sugar...
