The Sandiganbayan has denied the motion of former National Economic Development Authority (NEDA) regional director Jose Romeo C. Escandor to render community service instead of serving the six-month imprisonment imposed on him for sexual harassment in 2013. Despite the denial, however, the...
The National Economic and Development Authority (NEDA) on Tuesday, Sept. 12 said it welcomes potential investors to prioritize projects in Mindanao, particularly in the energy and agricultural sectors. At the Philippine dialogue with investors in Doha, Qatar, NEDA Secretary Arsenio M....
While the dream of rice being bought at P20 per kilo is still unattainable, the government believes improving Filipinos' purchasing power is "a good direction" to take now. National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said the goal to bring down the price of rice...
Senate Majority Leader Joel Villanueva has urged the government to step up efforts to reskill and upskill Filipinos to give them wider employment opportunities. Senate Majority Leader Joel Villanueva (Senate PRIB Photo) During the briefing of the Development Budget Coordinating...
The government should come up with a comprehensive contingency plan to ensure rice supply in the country is sufficient and will counter its rising price. National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan attends the Development Budget Coordinating Council's (DBCC)...
The Marcos administration's economic managers on Thursday, Aug. 10, recommended an accelerated government spending in the coming quarters to recover its growth momentum following the 4.3 percent expansion of the country's gross domestic product (GDP) in the second quarter of 2023. (File...
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...
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 Japan International Cooperation Agency (JICA) has committed to support the Philippine government's infrastructure projects that are focused on socio-economic development, the Department of Public Works and Highways (DPWH) said on Sunday, Feb. 12. During his state visit in Japan, President...
The Department of Public Works and Highways (DPWH) reported Monday, Dec. 26, that the widening of the Arterial Bypass Road in Bulacan that links the North Luzon Expressway (NLEX) and the Philippine-Japan friendship Road (Daang Maharlika) is going on swiftly and will likely be finished next year....
The Philippines has signed an agreement with South Korea for a total loan worth 3 billion US dollars, which is earmarked for the country's infrastructure projects. Department of Foreign Affairs (DFA) Secretary Enrique Manalo and Korean Ambassador to the Philippines Kim In Chul signed on Wednesday...
The upgrade of the Monsanas- Upper Dimorok-Lower Dimorok Road will improve mobility and the transport of goods in Zamboanga del Sur, the Department of Public Works and Highways (DPWH) said on Monday, Dec. 19. DPWH Regional Office 9 Director Cayamombao D. Dia reported that the newly-paved...