The construction period for two of the government's flood mitigation projects in Cavite and Metro Manila has been extended to up to five more years and consequently received additional funding. President Marcos on Tuesday, Nov. 5, first approved the extension of the construction period and...
The National Economic and Development Authority (NEDA) said public-private partnerships (PPPs) are vital in bolstering the Philippines' disaster resilience, particularly in developing climate-resilient infrastructure. During the opening of the 2024 Asia-Pacific Ministerial Conference on Disaster...
The Asian Development Bank (ADB), Asian Infrastructure Investment Bank (AIIB), and Export Import Bank of Korea (KEXIM) vowed to support the Laguna Lakeshore Road Network (LLRN) project. The ADB has committed $1.2 billion as the initial tranche of funding, while the AIIB is contributing $188...
The World Intellectual Property Organization (WIPO) reported that the Philippines climbed to 53rd place among 133 economies in the Global Innovation Index (GII), reflecting increased efforts to strengthen innovation. In a statement, the National Economic and Development Authority (NEDA) said the...
The National Economic and Development Authority (NEDA) has urged the swift passage of the Konektadong Pinoy Bill to ensure improved internet access. After the sixth Legislative-Executive Development Advisory Council (LEDAC) meeting on Sept. 25, NEDA released a statement indicating that the...
The National Economic and Development Authority (NEDA) has underscored the pivotal role of a robust middle class in driving the Philippines' sustained economic growth and development. In a keynote address at the 10th Annual Public Policy Conference, NEDA Secretary Arsenio M. Balisacan emphasized...
The government is intensifying its commitment to sustainable growth and climate resilience through investments in infrastructure and innovation, the National Economic and Development Authority (NEDA) said. At the Fourth Philippines-Singapore Business and Investment Summit, NEDA Secretary Arsenio M....
The plenary hall of the House of Representatives (Dexter Barro II/MANILA BULLETIN) The House of Representatives has terminated the 2025 budget debates for the Department of Finance (DOF), National Economic and Development Authority (NEDA), and the...
ACT Teachers Party-list Rep. France Castro (PPAB) Act Teachers Party-list Rep. France Castro has advised the National Economic Development Authority (NEDA) and Philippine Statistics Authority (PSA) to create a "group chat" with relevant agencies in order to...
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...
State-run Philippine National Oil Company (PNOC) will reinforce its initiative for solar rooftop installations at the buildings of the National Economic and Development Authority (NEDA) in Region IV-A areas. The planned deployment of solar photovoltaics (PVs) in the NEDA facilities was cemented...
