There is no major impact caused by the Israel-Hamas war on the country's economy, a Cabinet official said. NEDA Secretary Arsenio Balisacan (Photo courtesy of PCO) National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said there is "hardly any impact" as there is no major...
Finance Secretary Benjamin E. Diokno admitted that China's economic slowdown would have a minor impact on the Philippines. At the ASEAN Roundtable in Marrakech, Morocco, the government's chief economic manager said that China's economic slowdown would have an impact on Philippine exports. ...
A technology developed by a university that monitors crop production data can be utilized in formulating policy recommendations on inflation, the National Economic and Development Authority said. The Project SARAI, or the Smarter Approaches to Reinvigorate Agriculture as an Industry in the...
The Inter-Agency Committee on Inflation and Market Outlook (IAC-IMO) has proposed the extension of lower tariff rates on essential commodities until Dec. 31, 2024, the National Economic and Development Authority (NEDA). NEDA Secretary Arsenio M. Balisacan said that the committee's recommendation...
The Philippines needs more time to create high-quality jobs, as the current growth is mainly focused on low-quality job opportunities, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan said the government needs to make significant investments,...
The National Economic and Development Authority (NEDA) does not support the increase of interest rates, noting that it could hurt consumers amid high inflation. “If I were in the Monetary Board, I would say no. We have been the most aggressive in the region in raising interest rates,” NEDA...
The government’s inter-agency body on inflation has officially recommended to President Marcos that the reduced import tariff on rice be extended until the end of next year, the National Economic and Development Authority (NEDA) said. After the Oct. 3 meeting of the Inter-Agency Committee on...
ENTER THE MEGALOPOLIS Hann Resorts is located at the Clark Freeport and Special Economic Zone (CFEZ) There’s so much room for the future at the Clark Freeport and Special Economic Zone (CFEZ) in Central Luzon. Geographically, what we remember roughly as the former US military base has the...
The Makati Business Club (MBC), a group of big businesses based in the country’s premier financial district – Makati, lauded Congress for a productive start to the current session, with three economy-boosting bills on their way to President Ferdinand R. Marcos Jr. for signature. These are...
The government received about $32.40 billion in concessional loans and grants last year, with most of the funds allocated to infrastructure projects, the National Economic and Development Authority (NEDA) reported. Based on NEDA's Official Development Assistance (ODA) Portfolio Review 2022 report ,...
CANDON CITY, Ilocos Sur – A prominent business leader expressed optimism that the country can still achieve a six percent economic growth in 2023 despite a global slowdown. AMBASSADOR Francis Chua (left), chairperson of the Bank of Commerce, with Pandesal Forum moderator Wilson Lee Flores....
National Economic and Development Authority Secretary Arsenio M. Balisacan said that rice tariff reduction remains an option for the Marcos administration, but immediate execution is not viable. President Marcos earlier thumbed down the reduction of the rice tariff. “He saw that these prices are...
