Economic managers vowed full support behind the private sector, as the Department of Finance (DOF) asked investors to trust President Ferdinand R. Marcos Jr.’s government. “As the President said yesterday , the sate of the economy is sound. So, my advice to the private sector is trust your...
The National Economic and Development Authority (NEDA) said interdisciplinary coordination of three catalysts --Science, Technology, and Innovation (STI) -- will drive economic growth and address global risks and challenges. During the recent 44th Annual Scientific Meeting (ASM), NEDA’s response...
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...
The National Economic and Development Authority (NEDA) raised the need to promote alternative work arrangements amid skyrocketing fuel prices, as it also urged the government to immediately address the logistical constraints in the country. In a statement, Socioeconomic Planning Secretary Arsenio...
President-elect Marcos’ chief economic manager has high hopes for incoming Socioeconomic Planning Arsenio M. Balisacan, describing the latter as the “poverty guru” of the next administration tasked to bring down the nation’s poverty rate to single-digit. Incoming Finance Secretary Benjamin...
The Philippine Competition Commission (PCC), the anti-trust authority in the country, has expressed opposition to any extension on the suspension of its motu proprio review power on mergers and acquisitions (M&As). PCC Chairman Arsenio Balisacan said this at the virtual “Enhancing Competition...
The Philippine Competition Commission (PCC) has defended the Department of Trade and Industry’s imposition of safeguard measures and non-tariff barriers (NTBs) on certain imports to protect domestic industries, but the country’s anti-trust watchdog also equally stressed that such legitimate...
The Philippine Competition Commission (PCC), the country’s anti-trust watchdog, has favored the opening of last mile logistics (delivery services), a sector that is primarily dominated by small Filipino ventures in the country’s bustling logistics industry. PCC Chairman Arsenio Balisacan...
The Philippine Competition Commission (PCC) will no longer review mergers and acquisitions with transaction value of less than P50 billion following the suspension of the exercise of this function under the Bayanihan to Recover as One Act (Bayanihan 2). Instead, PCC said will issue the...
