Increasing workers' wages can be "harmful" if there's no increase in economic activity. NEDA Secretary Arsenio Balisacan Thus, said National Economic and Development Authority (NEDA) Director-General Arsenio Balisacan during a briefing with the House Committee on Appropriations Tuesday, Feb. 28....
The National Economic and Development Authority (NEDA) said the government is finalizing a list of flagship projects worth P15 trillion that will be up for President Marcos’ approval next month. During the Makati Business forum on Thursday, Feb. 23, NEDA Secretary Arsenio...
The National Economic and Development (NEDA) expects slower growth for next year due to substantial external and internal headwinds. Socioeconomic Planning Secretary Arsenio M. Balisacan said the economy would likely grow above seven percent this year, but it is expected to expand at a much slower...
There is, so far, no discussion on whether or not the government would duplicate the Senate's inflation relief aid to its employees in the executive department and to the public. Citizens gather in front of the Department of Social Welfare and Development (DSWD) along Legarda Street, Manila, after...
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Tuesday, Feb. 21, dismissed criticisms of the Regional Comprehensive Economic Partnership (RCEP) as the Marcos administration pushed for its ratification to address long-standing issues in the country’s agricultural...
President Ferdinand "Bongbong" Marcos Jr. had his first meeting with the National Innovation Council (NIC) to discuss the implementation of the Philippine Innovation Act. (Photo courtesy of Malacañang) During the meeting, which was held on Tuesday, Feb. 21, the approval of the seven executive...
The National Innovation Council (NIC) approved several project proposals geared towards developing “innovative solutions,” the National Economic and Development Authority (NEDA) said. In a briefing, NEDA Secretary Arsenio M. Balisacan said the 25-member council chaired by President Marcos...
DAVAO CITY – National Economic Development Authority (NEDA)-Davao head Maria Lourdes Lim bared that Chelsea Logistics Holdings Corp. owned by Davao-based business tycoon Dennis Uy has been asked to revise its proposal on the modernization of the Davao International Airport. Lim said the...
The National Economic and Development Authority (NEDA), the country’s macro-economic policy planning agency, stressed that the Philippines has no choice but to ratify the Regional Comprehensive Economic Partnership (RCEP), while big businesses believe on the need to expose domestic industries to...
The Public-Private Partnership Center Project Development and Monitoring Facility (PDMF) Committee on Friday, Feb. 17, approved a total of P200 million for the feasibility studies of the Mindanao Railway Phase 3 (Northern Mindanao) and the San Mateo Railway. The PDMF is a revolving fund managed by...
The National Economic and Development Authority (NEDA) said the “high-value deals” sealed by President Marcos during his recent visit to Japan is expected to generate thousands of jobs for Filipinos. In a statement on Thursday, Feb. 16, NEDA Secretary Arsenio M. Balisacan said the 35...
Transforming consumption and production patterns will be vital in accelerating the country’s shift toward a more sustainable and climate-smart economy, the National Economic and Development Authority (NEDA) said. In the event Philippine Development Plan 2023-2028: From Plan to Action focusing on...
