While long holidays are often embraced by many, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan believes they can pose challenges for Filipinos striving to earn a living. Balisacan explained that mandatory holidays enforced by the government can be especially...
President Marcos led the approval of several high-impact projects amounting to P269.7 billion to boost tourism and gaps in the country's healthcare system. President Ferdinand 'Bongbong' Marcos Jr. and NEDA Secreatry Arsenio Balisacan discuss high-impact projects during the NEDA Board metting on...
There is no major impact caused by the Israel-Hamas war on the country's economy, a Cabinet official said. NEDA Secretary Arsenio Balisacan (Photo courtesy of PCO) National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said there is "hardly any impact" as there is no major...
The Philippines needs more time to create high-quality jobs, as the current growth is mainly focused on low-quality job opportunities, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan said the government needs to make significant investments,...
The National Economic and Development Authority (NEDA) does not support the increase of interest rates, noting that it could hurt consumers amid high inflation. “If I were in the Monetary Board, I would say no. We have been the most aggressive in the region in raising interest rates,” NEDA...
The government’s inter-agency body on inflation has officially recommended to President Marcos that the reduced import tariff on rice be extended until the end of next year, the National Economic and Development Authority (NEDA) said. After the Oct. 3 meeting of the Inter-Agency Committee on...
The country's unemployment rate plunged to 4.4 percent, equivalent to 2.21 million jobless Filipinos in August, the Philippine Statistics Authority (PSA) reported. The latest number is lower than the 4.8 percent or 2.27 jobless individuals recorded in July and the 5.3 percent or 2.68 million...
The National Innovation Council (NIC) on Wednesday, Sept. 27, launched the National Innovation Agenda and Strategy Document (NIASD) for 2023-2032. NIC Chairperson President Ferdinand R. Marcos, Jr. led the event, along with Arsenio M. Balisacan, National Econonmic and Development Authority...
The National Economic and Development Authority (NEDA) has welcomed the signing of the Trabaho Para sa Bayan (TPB) Bill into law. Senate Majority Leader Joel Villanueva filed the measure with the aim of tackling various labor market challenges such as unemployment, underemployment, youth...
President Marcos on Tuesday, Sept. 27, scrapped the proposed temporary implementation of rice tariff reduction which would’ve aimed to address the surge of rice prices in the market. President Ferdinand Marcos Jr. (Photo from the Presidential Communications Office) A statement from the...
Sen. Imee Marcos joined protesters on Tuesday, Sept. 26 in front of the Department of Finance (DOF) office calling for the removal of National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan and Finance Secretary Benjamin Diokno. Sen. Imee Marcos joins protesters in...
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said on Thursday, Sept. 21, that the Department of Environment and Natural Resources (DENR) and the Department of Information and Communications Technology (DICT) will sit as members of the NEDA Board’s Committee on...
