The National Economic and Development Authority (NEDA) has stressed the urgent need for the Philippines to dismantle restrictions on key sectors of the economy that are holding back the country from matching the developments of its neighboring nations. NEDA Secretary Arsenio M. Balisacan said that...
Former president Rodrigo Duterte (Malacañang photo) House Deputy Speaker Rep. David “Jay-Jay” Suarez welcomed former President Rodrigo Duterte’s renewed support for amending the Constitution, but insisted that the latter's supporters should follow his lead....
Congressional Policy and Budget Research Department (CPBRD) Deputy Secretary General Dr. Romulo Emmanuel Miral Jr. (PPAB) An expert from the House of Representatives research department said the only way the Philippines can attract foreign investments is through...
The government sets its eye on expediting more energy-related investments to attain low electricity prices, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan reiterated their commitment to address issues in the energy sector, including the...
Consumers’ pockets will have some breathing space next week as oil prices are anticipated to be on substantial rollback at the domestic pumps, based on the calculation of the oil companies. According to the industry players, the price of gasoline products will be trimmed by P0.70 to P1.10 per...
The National Economic and Development Authority (NEDA) said the government is considering the approval of the planned privatization of the operations and maintenance (O&M) for two major railway projects this year. During the virtual SNAP Conversations 2024: Economic Outlook event, NEDA...
The National Economic and Development Authority (NEDA) said the implementing rules and regulations (IRR) of the Public-Private Partnership (PPP) Code will come into effect in the first week of April this year. NEDA Secretary Arsenio M. Balisacan said on Thursday, Feb. 22, that their goal is to...
President Marcos' chief economist cautioned that the implementation of the proposed P100 wage hike could result in heightened unemployment rates, a further acceleration of consumer prices, and a deceleration in economic growth. National Economic and Development Authority (NEDA) Secretary Arsenio M....
PBA Party-list Rep. Margarita “Migs” Nograles (PPAB) Puwersa ng mga Bayaning Atleta (PBA) Party-list Rep. Margarita "Migs" Nograles says that the proposed P100 minimum wage hike from the Senate simply isn't enough. In a press briefing on Tuesday, Feb....
The country’s basic education sector should be kept under the control of Filipinos as local schools and institutions play a critical role in preserving and instilling Philippine values and shaping the youth. Sen. Sonny Angara, at the continuation of the Senate Subcommittee on Constitutional...
The National Economic and Development Authority (NEDA) has cautioned that the proposed P100 wage hike could present financial difficulties for micro, small, and medium enterprises (MSMEs). NEDA Undersecretary Rosemarie G. Edillon said the recently implemented tax relief, intended to assist...
Iloilo 1st district Rep. Janette Garin (PPAB) House Deputy Majority Leader and Iloilo 1st district Rep. Janette Garin said that an increase of P350 on the existing minimum wage would be more adequate than the proposed P100 by the Senate. However, she says...
