The Department of Trade and Industry has identified three priority legislative measures for immediate passage by Congress to support economic growth. These priority bills are the Senate confirmation on the ratification of the Regional Comprehensive Economic Partnership (RCEP), Omnibus Micro Small...
The Philippines must sustain its high-growth trajectory for at least two more decades to attain high-income status and eradicate poverty in the long term, the National Economic and Development Authority (NEDA) said. In a statement, Socioeconomic Planning Secretary Arsenio M. Balisacan said that...
The National Economic and Development Authority (NEDA) said importation should be allowed when local sugar manufacturers are not producing enough to keep up with demand. On the Economic Journalists Association of the Philippines (EJAP) forum on Wednesday, Aug. 17, Socioeconomic Planning Secretary...
President Marcos has approved the review of the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law, the National Economic and Development Authority (NEDA) said. At the Economic Journalists Association of the Philippines (EJAP) forum on Wednesday, Aug. 17, Socioeconomic...
Department of Finance (DOF) Secretary Benjamin Diokno on Wednesday, Aug. 17, listed down the agency’s suggested measures to accelerate the country’s economic recovery from the Covid-19 pandemic, highlighting the agency’s support for the Marcos administration’s Medium-Term Fiscal Framework...
Australian investors engaged in shipbuilding, business process outsourcing, call center, software development, engineering, architectural, and other design services have poured in P14.632 billion worth of investments, generating $351.944 million in exports, and created 43,033 direct jobs. This was...
The National Economic and Development Authority (NEDA) said Public-Private Partnerships (PPPs) play a critical role in helping the government achieve inclusive and sustained economic growth. At the meeting of the European Chamber of Commerce of the Philippines, Socioeconomic Planning Secretary...
The National Economic and Development Authority (NEDA) may consider the possibility of pursuing a sugar trade liberalization reform to improve the industry’s competitiveness. Socioeconomic Planning Secretary Arsenio M. Balisacan said the government needs to “look at closely” the sugar...
House Speaker Martin Romualdez on Tuesday, Aug. 9, vowed to strengthen the economic environment in the Philippines to make the country a viable and attractive investment destination for Japan. House Speaker Martin Romualdez (right) and Japanese Ambassador to the Philippines Koshikawa Kazuhiko...
House Ways and Means Committee Chairman Albay 2nd district Rep. Joey Sarte Salceda is confident that, by year end, the government will have hit its economic growth targets. This, despite the fact that the Philippine economy slowed down to 7.4 percent in the second quarter of 2022. Albay 2nd...
The Philippine economy slowed in the second-quarter amid soaring consumer prices that weakened demand from both businesses and households, the government reported on Tuesday, Aug. 9. Based on the Philippine Statistics Authority (PSA) data, the country’s economy, as measured by the gross domestic...
President Ferdinand "Bongbong" Marcos Jr. is looking forward to the resumption of face-to-face classes this month because it will also trigger a range of economic activities across the country. President Ferdinand Marcos Jr. (Screenshot from Marcos’ vlog via Youtube) In his BBM Vlog #221, titled...
