President Ferdinand "Bongbong" Marcos Jr. has approved "crucial" projects and guidelines that will support the attainment of his administration's development goals as outlined in the Philippine Development Plan (PDP) 2023-2028. *President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate)* National...
Senator Robinhood "Robin" C. Padilla on Tuesday, May 23, lamented the decline of the Philippine sugar industry. During the Senate Blue Ribbon committee hearing on the alleged "state-sponsored" smuggling of 440,000 metric tons of sugar last February, Padilla noted that the Philippines exported sugar...
President Ferdinand "Bongbong" Marcos Jr. has approved the issuance of an Executive Order (EO) that would operationalize the country's tariff commitments under the Regional Comprehensive Economic Partnership Agreement (RCEP), National Economic Development Authority (NEDA) Secretary Arsenio...
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...
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...
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...
