The National Economic and Development Authority (NEDA) has identified strategies to attain the Sustainable Development Goals (SDGs), strengthen partnerships, and engage in collaborative efforts to improve Southeast Asia's quality of life. In a presentation during the 2nd ASEAN Ministerial Dialogue...
The IT-Business Process Association of the Philippines (IBPAP), the umbrella group of IT and business process management firms operating in the country, has raised alarm bells on what it calls “severe talent crisis” in the country. IBPAP President Jack O. Madrid raised the “talent crisis”...
Senate President Juan Miguel F. Zubiri attended the signing of a lease agreement between Envirotech Vehicles, Inc. (EVT) and real estate developer Berthaphil, Inc., to cement EVT’s move to establish a manufacturing facility at the Clark Freeport Zone. EVT is a United States-based transportation...
Think tank Action for Economic Reforms (AER) has warned against the proposed measure in Congress seeking to grant the president the power to suspend Philippine Health Insurance Corp. (PhilHealth) premium hikes. In a statement, AER said Thursday, March 23, that giving the president the power to...
The National Economic and Development Authority (NEDA) said the aggressive monetary policy tightening by the Bangko Sentral ng Pilipinas (BSP) would drag down the country’s economic growth this year. During the Wallace Business Forum Roundtable on Wednesday, March 22, NEDA Arsenio M. Balisacan...
The National Economic and Development Authority (NEDA) has released the implementing rules and regulations (IRR) of the amended Public Service Act (PSA) that allows full foreign ownership of some Philippine businesses. Upon its effectivity, the amendments to the PSA shall enable the liberalization...
Senators are more likely to agree to amend the 1987 Constitution through a constituent assembly (Con-ass) than having to introduce changes to it through a Constitutional convention (Con-con). Senator Jinggoy Ejercito Estrada pointed this out saying he can only anticipate how the government will have...
President Ferdinand "Bongbong" Marcos Jr. has ordered the establishment of the Philippine Heart Center (PHC) Annex in the Clark Freeport Zone in Pampanga. Marcos gave the directive through [Executive Order (EO) No. 19](https://pco.gov.ph/wp-content/uploads/2023/03/20230308-EO-19-FRM.pdf) which he...
Government to strengthen policies toward high-quality job creation - NEDA As the country’s labor market conditions continue to improve, the government remains steadfast in strengthening its policy interventions geared toward generating more productive and higher-quality employment, said the...
The National Economic and Development Authority (NEDA) said the Regional Comprehensive Economic Partnership (RCEP) would further enhance the country’s market access. In a statement on Monday, Feb. 20, NEDA Secretary Arsenio M. Balisacan said that they remain steadfast in their support toward the...
ZURICH, Switzerland — President Ferdinand "Bongbong" Marcos Jr. said his government had placed infrastructure development as the "pinnacle" of its vision for an equitable, prosperous and resilient Philippines by 2040 while recognizing the private sector's critical role in realizing its goals....
We have arrived at a time when digitalization is no longer a luxury or a by-the-way thing, but a necessary and essential process. No enterprise will thrive or survive without having its operations digitalized for the convenience of stakeholders and customers. In one way or another, our daily...