The National Economic and Development Authority (NEDA) Board chaired by President Ferdinand R. Marcos, Jr., approved last December 16 the Philippine Development Plan for 2023-2028, with the following key macroeconomic targets: gross domestic product (GDP) growth ranging from 6.5 to 8.0 percent;...
The recently approved Philippine Development Plan (PDP) 2023-2028, will expand and improve the country’s transportation system, the Department of Transportation (DOTr) said. Transportation Secretary Jaime Bautista said the plan includes strategies to develop active transport infrastructure, such...
Filipino coconut exporters, mainly small and medium, fetched $25.7 million in initial sales during their participation at the five-day exhibition Salon International de l’Alimentation Paris (SIAL) in Paris. The Department of Trade and Industry’s Export Marketing Bureau with the support of the...
The plan of the Bureau of Customs (BOC) to turn the Port of Davao into a new logistics and investment hub in Southeast Asia is moving closer to reality after the National Economic Development Authority (NEDA) has approved the creation of a technical working group. Port of Davao District Collector...
The government approved the country’s blueprint for socioeconomic development over the medium term, and extended the tariff reduction on key commodities until next year, the National Economic and Development Authority (NEDA) said. In a statement, Socioeconomic Planning Secretary Arsenio M....
A business leader believes that President Ferdinand "Bongbong" Marcos Jr.'s push to open the economy and create jobs pushed the country's employment rate to pick up. (Photo by Ali Vicoy) Employers Confederation of the Philippines (ECOP) President Sergio Ortiz-Luis Jr. said this after noting that...
The country’s exports could possibly reach $240.5 billion by 2028, more than double the $113-billion level expected this year, by lifting the land ownership ceiling for agricultural investors, attracting major global players, scaling up exports of primary products, and integration of all players...
Aiming towards a flood-free Pasig City, Mayor Vico Sotto announced that the local government has formed a primary flood control committee that is tasked to create the city’s first ever Comprehensive Flood Control Master Plan. Sotto made the announcement during the inauguration of the two new...
The implementation of the National Broadband Plan (NBP) next year is expected to improve the country's Internet speed. (Headway/ Unsplash) Thus, said House Speaker Martin Romualdez who noted that P1.5 billion worth of funds have been allocated to the Department of Information and Communications...
A ranking congressman is pursuing a new retroactive retirement plan for the country’s foreign service officers in an effort to upgrade their pensions when they reach old age or suffer some other disability. 4Ps Party-list Rep. Marcelino Libanan (Facebook) House Minority Leader and 4Ps Party-list...
The Bureau of Customs (BOC) is eyeing the Port of Davao as one of the alternative logistics hubs in South East Asia. This was discussed by Port of Davao District Collector Erastus Sandino Austria during the visit of Singapore Ambassador to the Philippines Gerard Ho. photo: BOC During the meeting,...
A new study has revealed that there is an “alarmingly high prevalence of insufficient physical activity” among Filipino children and adolescents, with only 15.4 percent meeting the global physical activity recommendation. This is according to the Youth Physical Activity Report Cards released by...
