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...
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....
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...
The country's unemployment rate dropped to 4.3 percent in December 2022 as against 6.6 percent in December 2021, but the full-year unemployment rate remained below its pre-pandemic average, data from the Philippine Statistics Authority (PSA) showed. Based on the PSA report on Wednesday, Feb. 8, the...
DAVOS, Switzerland — Members of President Ferdinand "Bongbong" Marcos Jr.'s economic team said that at least nine international companies had signified their desire to invest or expand their business in the Philippines. Communication Secretary Cheloy Velicaria-Garafil, Trade Secretary...
Three committees of the Commission on Appointment (CA) have endorsed the appointments of three Cabinet officials, namely Transportation Secretary Jaime Bautista, Housing Secretary Jose Rizalino Acuzar and Socio-economic planning Secretary Arsenio Balisacan. The CA Committee on Transportation...
An executive order (EO) to enforce a zero-tariff policy for electric vehicles has been endorsed for the approval of the President, National Economic Development Authority (NEDA) Secretary Arsenio Balisacan said. NEDA Secretary Arsenio M. Balisacan Balisacan revealed during a Palace briefing on...
President Ferdinand "Bongbong" Marcos Jr. is confident that his administration will be able to bring down the country's poverty rate to nine percent by 2028. President Ferdinand 'Bongbong' Marcos Jr. presides over a meeting with the National Economic and Development Authority on Nov. 15, 2022 in...
The current administration is expected to present the Philippine Development Plan (PDP) 2023 to 2028 next month. (Photo courtesy of the Office of the Press Secretary) Socioeconomic Planning Secretary Arsenio Balisacan , who also heads the National Development and Economic Authority (NEDA),...
President Ferdinand "Bongbong" Marcos Jr. has ordered the speeding up of the printing and distribution of national ID cards so Filipinos can start using it by next year. President Ferdinand 'Bongbong' Marcos Jr. virtually presides over a meeting with NEDA Director-General Arsenio Balisacan. (Photo...
