Malacañang has transferred the Development Academy of the Philippines (DAP) under the Office of the President to the National Economic and Development Authority (NEDA). The transfer was made through Executive Order (EO) No. 45 dated Oct. 25. Under the EO, the move was part of the...
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...
Southeast Asian countries and Gulf states have agreed to uphold peace and security, address climate change and other mobility issues, and promote free trade while supporting small businesses. ASEAN-GCC SUMMIT — President Ferdinand 'Bongbong' Marcos joins his fellow leaders from the...
The Clark Freeport and Special Economic Zone in Central Luzon, touted as one of the world's "Cities of Legacy," will be the Philippines' next economic center, the Bases Conversion and Development Authority (BCDA) said. Speaking at the 2023 Asia Pacific Cities Summit (APCS) and Mayors' Forum, Joshua...
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...
The Department of Finance (DOF) said the country's growth prospects continue to be robust despite the slowdown experienced in the first half of the year. Depiste global headiwnds, Finance Secretary Benjamin E. Diokno said the government is committed to achieve a gross domestic product (GDP) growth...
