Despite the string of strong typhoons that battered economically-productive parts of the Philippines so far in the third quarter, the country's chief economist still expects to hit the targeted economic expansion for 2024. "We're confident we'll achieve our six- to seven-percent growth target this...
The long-term growth and development of the Philippines would depend on efforts to create a favorable investment environment that encourages economic diversification across multiple sectors, the National Economic and Development Authority (NEDA) said. During the US-ASEAN Business Council’s...
The National Economic and Development Authority (NEDA) clarified that the latest poverty and food thresholds, which some have criticized as unrealistic, are not meant to serve as budget guidelines for a decent standard of living. NEDA Secretary Arsenio M. Balisacan said that these thresholds are...
The National Economic and Development Authority (NEDA) reported a substantial increase in concessional loan disbursements received by the Philippines from its development partners last year, primarily earmarked for financing infrastructure projects. NEDA Secretary Arsenio M. Balisacan said on...
(Unsplash) Amid claims that the prohibition on Philippine Offshore Gaming Operators (POGOs) would directly impact the property industry, National Economic and Development Authority (NEDA) asserts that the ban would barely make a noise in the office and residential...
The National Economic and Development Authority (NEDA) Board, chaired by President Marcos has greenlit the negotiated parameters, terms, and conditions (PTCs) for several approved airport projects to enhance connectivity and boost tourism in the regions. File photo During its 19th meeting in...
President Marcos cited the Laguna Lakeshore Road Network (LLRN) project, a planned expressway from lower Bicutan, Parañaque to Calamba, Laguna, for the benefits it will soon bring every Filipino. President Ferdinand ‘Bongbong’ Marcos Jr. presides over the 19th National Economic...
There are no discussions yet among Cabinet officials regarding plans to ban the operations of Philippine Offshore Gaming Operators (POGOs) amid the controversies surrounding the industry, National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said on Tuesday, July 9. NEDA...
Filipino individuals had a higher total income last year, exceeding the target range set in the government’s Philippine Development Plan 2023-2028, the National Economic and Development Authority (NEDA) said. Based on the World Bank report, NEDA stated that the country’s gross national income...
The National Economic and Development Authority (NEDA) is considering including children in their first 1,000 days in the government’s cash grant beneficiaries to avoid stunting and other nutrition issues. NEDA Secretary Arsenio M. Balisacan told reporters that the cash benefit from the Pantawid...
The National Economic and Development Authority (NEDA) has committed to support the formulation of regulations that enable industries to leverage productivity-boosting technologies such as artificial intelligence (AI). NEDA Secretary Arsenio M. Balisacan said that AI has substantial benefits,...
Citing the need to upgrade the country’s digital connectivity, the National Economic and Development Authority (NEDA) board led by President Marcos has approved some P16.1 billion allocation for the Philippine Digital Infrastructure Project (PDIP). File photo According to the NEDA website, the...
