The National Economic and Development Authority (NEDA) said a strong macro-fiscal foundation is vital for economies to weather shocks, such as the coronavirus pandemic. During the virtual 2021 Asia-Pacific Economic Cooperation (APEC) Structural Reform Ministerial Meeting, Socioeconomic Planning...
The head of the National Economic and Development Authority (NEDA) has apologized over the failed pilot launch of the online registration for the national identification (ID) system. Socioeconomic Planning Secretary Karl Kendrick T. Chua on Monday, May 3, took full responsibility for the...
President Duterte has formally appointed Karl Kendrick T. Chua as socioeconomic planning secretary as well as head of the National Economic and Development Authority (NEDA). One-year after serving the positions in an acting capacity, Chua is now officially the government’s chief economist and...
The extended enhanced community quarantine (ECQ) in Metro Manila and nearly provinces will push more than 100,000 additional Filipinos into poverty as these stringent lockdowns are seen take a heavier toll on the economy, jobs and household income. Finance Secretary Carlos G. Dominguez III and...
Foreign direct investments (FDI) last year dropped 24.6 percent to a net inflow of $6.542 billion from $8.671 billion in 2019, but it was more than the Bangko Sentral ng Pilipinas’ (BSP) $6-billion projection for 2020. “The disruptive impact of the pandemic on global supply chains and the weak...
The National Economic and Development Authority (NEDA), the country's chief economic development planner, said the country needs to strike a better balance in managing the health and economic threats, particularly in Metro Manila where almost a quarter of its population suffer from hunger. Acting...
The National Economic and Development Authority (NEDA) said that prolonging the status quo in managing the country’s coronavirus response would result in more hunger, other sicknesses and far more deaths from non-COVID reasons. Acting Socioeconomic Planning Secretary Karl Kendrick T. Chua said...
MB file photo The Philippine Metalworkers Alliance (PMA-SENTRO) has called for a review of the automotive industry development plan stating the imposition of the safeguard measure is not enough to save the domestic automotive industry and stop car companies' exodus from the Philippines. PMA...
The rate in consumer prices accelerated further in December 2020, driven by higher costs of food items, transportation as well as other goods and services, data from the Philippine Statistics Authority showed. (MANILA BULLETIN FILE PHOTO) The country’s headline inflation clocked in at 3.5...
The National Economic and Development Authority (NEDA) is encouraging consumers and the working population to respond to a new survey on confidence in the safe and gradual opening of the economy. In a statement, Acting Socioeconomic Planning Secretary Karl Kendrick T. Chua said the key to a real...
The National Economic and Development Authority (NEDA) said the rural areas are minimally affected by the pandemic compared to larger cities like Metro Manila and Cebu....
The National Economic and Development Authority (NEDA) is planning to create a “stakeholder chamber” as recalibrates strategy in attainting the Sustainable Development Goals (SDGs) following the disruptions brought about by the coronavirus pandemic. Acting Socioeconomic Planning Secretary Karl...
