Zobel-led Ayala Corporation has entered into a partnership with the UP Engineering Research and Development Foundation Inc. (UPERDFI) to advance collaboration and capability building on artificial intelligence (AI) and data science. In a statement, Ayala said the partnership seeks to support the UP...
Climate change adaptation and mitigation needs to be placed at the heart of socioeconomic planning for the country to achieve its 2040 vision of eradicating extreme poverty, the National Economic and Development Authority (NEDA) said. At the recent Philippine Environment Science Summit 2022,...
Socioeconomic Planning Secretary Karl Kendrick T. Chua is hopeful that the next administration will adopt policy continuity as he also cautioned against reversing some important reforms enacted under the Duterte administration. Chua, who is also head of the National Economic and Development...
The economy grew faster than its pre-pandemic level in the first three-months of the year on the back of sustained growth momentum amid easing quarantine restrictions, the Philippine Statistics Authority (PSA) reported. From January to March, the country’s economy, as measured by gross domestic...
The National Economic and Development Authority (NEDA) remained optimistic that the economy will return to its pre-pandemic growth this year as the country continues to build on progress in recovering from Covid-19. During the Philippine Consulate General town hall meeting in New York City on April...
The National Economic and Development Authority (NEDA) has recognized the role of innovation in the country’s structural transformation and transition to high-income country status. In a statement, Socioeconomic Planning Secretary Karl Kendrick T. Chua said that transition to high-income country...
A shift from a pandemic to an endemic mindset will help mitigate the impact of external shocks, such as the Russia-Ukraine crisis, as well as minimize the long-term scarring effects of Covid-19, three of the government’s economic managers said. In a joint statement on Thursday, March 24, Finance...
NEDA lauds amended PSA law Chino S. Leyco The amended Public Service Act (PSA) will encourage more foreign investments and innovation to lower prices, improve the quality of goods and services, as well as create more and better jobs, the National Economic and Development Authority (NEDA) said. In a...
The National Economic and Development Authority (NEDA) has identified the government’s priorities and interventions to sustain the recovery from the Covid-19 pandemic and mitigate the impact of the Russia-Ukraine crisis. Speaking at the Joint Foreign Chambers of the Philippines, Socioeconomic...
The Makati Business Club is opposing the National Economic and Development Authority’s (NEDA) proposed amendments to the Implementing Rules and Regulations of R.A. No. 6957 or the build-operate-transfer (BOT) Law. In a letter to NEDA Secretary Karl Kendrick T. Chua, MBC Chairman Edgar O. Chua...
Targeted relief interventions would better help cushion the impact of inflationary pressures arising from the Russia-Ukraine crisis, the National Economic and Development and Development (NEDA) said. While calls to increase wages and fares to help minimum wage workers and public transport operators...
The National Economic and Development Authority (NEDA) is proposing a four-day workweek to lower energy consumption amid skyrocketing pump prices. During President Duterte’s Talk to the People aired on Wednesday, March 16, Socioeconomic Planning Secretary Karl Kendrick T. Chua said limiting the...