The government remains confident of the six percent to seven percent target rate by the year-end, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan said the slowdown in the second quarter could be offset by fiscal spending in the third quarter,...
House Speaker Martin Romualdez (Speaker’s office) The Philippines shouldn't be "prisoners of the past" when it comes to the outdated and restrictive economic provisions of the 1987 Constitution. Thus, said House Speaker Martin Romualdez as he once...
The National Innovation Council (NIC) on Wednesday, Sept. 27, launched the National Innovation Agenda and Strategy Document (NIASD) for 2023-2032. NIC Chairperson President Ferdinand R. Marcos, Jr. led the event, along with Arsenio M. Balisacan, National Econonmic and Development Authority...
President Marcos said the country must prop up its spending on research and development to maintain the Philippines' emerging image as an "innovation achiever." President Ferdinand 'Bongbong' Marcos Jr. leads the launching of the National Innovation Agenda Strategy Document (NIASD) on Sept. 27,...
The National Economic and Development Authority (NEDA) has welcomed the signing of the Trabaho Para sa Bayan (TPB) Bill into law. Senate Majority Leader Joel Villanueva filed the measure with the aim of tackling various labor market challenges such as unemployment, underemployment, youth...
House of Representatives (Ellson Quismorio/ MANILA BULLETIN) The proposed Anti Agri-Fishery Commodities and Tobacco Economic Sabotage Act--a priority measure of the agriculture-conscious Marcos administration--has been unanimously approved on third...
The National Economic and Development Authority (NEDA) introduced to international communities its approach using the Multidimensional Poverty Index (MPI) to gather data on poverty. During the UN General Assembly in New York on Sept. 20, NEDA Undersecretary Rosemarie G. Edillon emphasized the...
The National Economic and Development Authority (NEDA) has welcomed the approval of the Public-Private Partnership (PPP) Act on its third and final reading. With 20 affirmative votes, the upper chamber on Monday, Sept. 25, passed the Senate Bill No. 2233, or the proposed PPP Act, which aims to...
Foreign Affairs Secretary Enrique Manalo said that the economic relationship between the Philippines and the US "should keep apace" with both countries' defense-related activities as he noted the "growing" comprehensive strategic partnership of the two sides. Speaking at a dialogue on Sep. 22 (US...
The Department of Finance (DOF) called on thrift banks to ramp up their digital transformation initiatives. Finance Secretary Benjamin E. Diokno said the administration recognizes the role digital technologies play in unlocking economic potential, productivity, and competitiveness in the 21st...
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said they support the proposal to ban Philippine Offshore Gaming Operators (POGOs) in the country, stressing legitimate investments are encouraged over those that "promote negative externalities to society." NEDA...
The National Economic and Development Authority (NEDA) said it will discuss with President Marcos other ways to reduce the rising prices of rice instead of using a price cap. In a briefing on Thursday, Sept. 21, NEDA Secretary Arsenio M. Balisacan said the rice price ceilings imposed by the...
