President Marcos wants a “paradigm shift” or a “new way” of dealing with China’s aggressive actions in the West Philippine Sea, revealing that he also plans to release a joint position with the Philippines’ regional and international partners on ways to de-escalate the tensions. ...
President Marcos has issued an executive order creating the Office of the Special Assistant to the President for Investment and Economic Affairs (OSAPIEA), which will be tasked to ensure the effective integration, coordination and implementation of the various government investment and economic...
TOKYO, Japan—Proposed economic reforms in the 1987 Constitutions will not be brought up in the forums President Marcos will participate in during his four-day trip here. DTI Secretary Alfredo Pascual (Photo courtesy of PPA Pool/Yummie Dingding)) Although Marcos has confirmed that the government...
The Development Budget Coordination Committee (DBCC) has maintained the government's economic growth target for the year and has marginally adjusted its forecast for next year. The DBCC, an inter-agency body tasked with determining the government’s macroeconomic assumptions, kept its gross...
President Marcos said the government is looking to revisit the economic provisions of the 1987 Constitution and other laws to make the Philippines more investment-friendly. President Ferdinand 'Bongbong' Marcos Jr. (Ali Vicoy) In a media interview, Marcos pointed out that the existing economic...
The National Economic and Development Authority (NEDA) said the government plans to ramp up the distribution of food stamps and expedite the importation of key commodities to prepare for the potential impact of El Niño. NEDA Secretary Arsenio M. Balisacan said they will team up with the...
The National Economic and Development Authority (NEDA) Board, chaired by President Marcos, has approved the P67.4 billion Dalton Pass East Alignment Road project in Central Luzon. Speaking during a palace briefing, NEDA Secretary Arsenio M. Balisacan said that the 23-kilometer, four-lane...
The National Economic and Development Authority (NEDA) announced that President Marcos has extended the temporary reduction of tariffs on key agricultural products to mitigate the impact of the El Niño phenomenon on consumer prices. NEDA Secretary Arsenio M. Balisacan said Malacañang has given...
CAGAYAN DE ORO CITY – Local government units (LGUs) in Northern Mindanao must ensure basic infrastructure to be able to encourage more investors, as creating more jobs and quality jobs for the people is needed to reduce the poverty incidence in the region, the National Economic and Development...
The government will stick to its growth targets of 6.5 percent to 8 percent for the medium term, National Economic and Development Authority Secretary Arsenio M. Balisacan said on Wednesday, Dec. 13. Balisacan told reporters that the highest range could still be reduced but there are no plans to...
President Marcos' chief economist has cautioned that the unexpectedly strong El Niño phenomenon is likely to impede progress in reducing consumer prices, warning the public of challenging months ahead. National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said that the...
The National Economic and Development Authority (NEDA) said there are no plans for additional reductions in import duties on various agricultural commodities. In a briefing, NEDA Secretary Arsenio M. Balisacan said the only option available to the Marcos administration at present is to extend the...
