The Marcos administration has expressed optimism that it is possible to attain a single-digit poverty rate by 2028 through President Marcos' catch-up plan to increase economic growth and ensure a high inclusivity rate of such growth. File photo National Economic and Development Authority (NEDA)...
President Marcos' chief economist said that foreign investors should leverage the Philippines' rapid economic growth, the fastest in the region, as well as its recent policy reforms and initiatives. During the 2024 Economic Outlook Forum hosted by the European Chamber of Commerce of the...
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said that the signing into law of the Public-Private Partnership (PPP) Code of the Philippines will create a more stable policy environment for infrastructure projects. "The PPP Code will enable much-needed development...
In an attempt to boost employment opportunities in Metro Manila and surrounding areas, Malacañang has issued an administrative order (AO) amending provisions of the previous administration's AO No. 18, granting a second chance for applicants for economic zones within the National Capital Region...
National Economic and Development Authority Secretary Arsenio M. Balisacan said that having strong partnerships is a necessity in practicing monitoring and evaluation (M&E) in the country. During an M&E forum, Balisacan said that a collaboration with practitioners from the public and...
National Economic and Development Authority Secretary Arsenio M. Balisacan said they prefer to get solicited bids for the operations and maintenance (O&M) of the Metro Rail Transit (MRT) Line 3 and the Light Rail Transit (LRT) Line 2. In an interview with the reporters, Balisacan said that a...
The government, with the help of the United Nations (UN), should scale up actions toward achieving the country’s targets under the Sustainable Development Goals, the National Economic and Development Authority (NEDA) said. Speaking at a UN Day Forum, NEDA Secretary Arsenio M. Balisacan said the...
Certificates of live-birth, marriage, and death will now be recognized and accepted in all government or private transactions regardless of the issuance date. This as the Philippine Statistics Authority (PSA) signed the Implementing Rules and Regulations (IRR) of Republic Act (RA) No. 11909, or the...
The National Economic and Development Authority (NEDA) said on Wednesday, Nov. 22, that it expects an executive order that will fast track the Marcos administration’s infrastructure flagship projects (IFPs) will be released “very soon.” NEDA Undersecretary for Investment Programming Joseph J....
President Marcos and his cabinet secretaries came in full force in promoting the Philippines as an attractive investment destination to the United States business community during the Philippine Economic Briefing (PEB) in San Francisco. Finance Secretary Benjamin E. Diokno, who leads the Marcos,...
Now that the Maharlika Investment Fund (MIF) implementing rules and regulations (IRR) have been revised, President Marcos disclosed on Wednesday, Nov. 15 (US time) that the investment fund will finance “about 80 potential infrastructure projects” in the Philippines. President Ferdinand Marcos...
The Philippine government maintained that it will not seek permission from China to conduct a resupply mission to a grounded ship in the Ayungin Shoal despite Beijing’s protest that such missions infringed into its territory, the Department of Foreign Affairs (DFA) said on Thursday, Nov. 16. BRP...
