Amid the going political feud in the country, one of President Marcos’ economic managers has taken a cautious stance, refraining from commenting on the potential economic implications of the ongoing discord. “Let’s focus on the economy,” advised National Economic and Development Authority...
The country’s economic growth fell short of the government's target last year, largely due to higher consumer prices that discouraged spending, data from the Philippine Statistics Authority (PSA) showed. The economy, as measured by the gross domestic product (GDP), expanded by 5.6 percent from...
Consumers are in no luck this week as they will need to bear the brunt of massive oil price hikes at the domestic pumps - with gasoline prices rising by hefty P2.80 per liter, based on the pricing advisories of the oil companies. For diesel products, the oil companies announced that the price...
Once the Bataan-Cavite Interlink Bridge (BCIB) is completed, the private sector may assume complete responsibility for its operations and maintenance, including any outstanding debt, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan said the government...
(Unsplash) The shorter the lawmakers' debates on Charter change (Cha-cha), the better for the confidence of investors who plan to take a chance on the Philippines. Thus, said economist-solon Albay 2nd district Rep. Joey Salceda, even as he agreed with...
Financial torture will strike at consumers’ pockets again next week, as big-ticket price hikes are looming at the domestic petroleum pumps, based on the calculation of the oil companies. As reckoned from the outcome of five-day trading in the regional market, the anticipated heftiest price hike...
As I sat glued to the livestream of the Earth Wisdom Keepers session at the Davos World Economic Forum, I couldn't help but swell with pride and a sense of urgency. There, my sister, Ann Dumaliang, co-founder and trustee of the Masungi Georeserve Foundation in the Philippines, was addressing a...
National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said that President Marcos has approved the changes to the execution of two high-impact projects. Chaired by the president, the NEDA Board has given the green light to the negotiated parameters, terms, and conditions...
Ahead of the release of the country's full-year growth figures, the National Economic and Development Authority (NEDA) announced that the economy had performed well in 2023, despite the significant challenges it encountered. NEDA Secretary Arsenio M. Balisacan said the local economy, as measured by...
House Speaker Ferdinand Martin Romualdez (Speaker’s Office) Speaker Martin Romualdez has assured the public that the House will prioritize economic revisions when it comes to the proposed Charter change (Cha-cha). "May pagbabago na...
The National Economic and Development Authority (NEDA) has called for the enactment of a proposal to establish the Department of Water Resources in order to resolve the duplicative roles in water agencies. “Currently, there are over 30 agencies with overlapping functions over the country's water...
House Speaker Martin Romualdez (Speaker’s office) The House Speaker Martin Romualdez-led Philippine delegation to this year's World Economic Forum (WEF) have successfully drummed up interest for the country and its nascent Maharlika Investment Fund...
