The Philippines has “clear priorities” and plans in place to contain the impact of the Israel-Hamas conflict on the country’s inflation rate, National Economic and Development Authority (NEDA) Undersecretary Rosemarie Edillon said on Tuesday, Nov. 7. Smoke billows from the Gaza's Rafah border...
The National Economic and Development Authority (NEDA) welcomed the transfer of the Development Academy of the Philippines (DAP) as one of its attached agencies. “Our development plan for socioeconomic transformation emphasizes the need to enhance productivity frameworks across government sectors...
An amendment seeking to address the private sector’s concerns and create a more enabling policy environment for infrastructure projects is in the works, the National Economic and Development Authority (NEDA) said. During the 12th Arangkada Philippines Forum yesterday, NEDA Secretary Arsenio M....
Academic institutions and government agencies should collaborate in creating technologies that acquire data on crops to help establish inflation policies, the National Economic and Development Authority (NEDA) said. “The various technologies we discussed have significant potential to enhance our...
The National Economic and Development Authority (NEDA) maintained its stance against a policy rate hike, emphasizing that inflation is primarily driven by supply-side factors. This is after Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona Jr. said that an off-cycle hike may be implemented as...
President Marcos' economic team will reevaluate its growth targets after the "Undas" holiday break due to underspending in some government agencies and risks associated with the Hamas-Israel conflict. National Economic and Development Authority (NEDA) Undersecretary Rosemarie Edillon said a special...
The national government has approved to increase the ceiling for socialized subdivision and condominium projects amid the prevailing economic conditions, which it said, triggered the need for price adjustment. The price adjustment was sealed with the Joint Memorandum Circular (JMC) No. 2023-003...
CEBU CITY – The P4.5-billion upgrade of the Bohol-Panglao International Airport (BPIA) has been approved by the National Economic and Development Authority (NEDA) Board. AUMENTADO (FB) Bohol Gov. Aris Aumentado said upgrading the BPIA will be done through a Public-Private Partnership (PPP)...
While long holidays are often embraced by many, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan believes they can pose challenges for Filipinos striving to earn a living. Balisacan explained that mandatory holidays enforced by the government can be especially...
The Bataan-Cavite Interlink Bridge (BCIB) and the Cebu Bus Rail Transit (BRT) projects have faced delays and increased construction costs, the National Economic and Development Authority (NEDA) announced. In a briefing, NEDA Secretary Arsenio M. Balisacan on Friday, Oct. 13, said that the...
A technology developed by a university that monitors crop production data can be utilized in formulating policy recommendations on inflation, the National Economic and Development Authority said. The Project SARAI, or the Smarter Approaches to Reinvigorate Agriculture as an Industry in the...
The Inter-Agency Committee on Inflation and Market Outlook (IAC-IMO) has proposed the extension of lower tariff rates on essential commodities until Dec. 31, 2024, the National Economic and Development Authority (NEDA). NEDA Secretary Arsenio M. Balisacan said that the committee's recommendation...
