Socioeconomic Planning Secretary Karl Kendrick T. Chua raised his initial estimated losses from the two-week lockdown from P210 billion to P300 billion after other areas outside the National Capital Region (NCR) were also placed under varying levels of strict quarantine controls. Enhanced Community...
The National Economic and Development Authority (NEDA) said the government is ensuring stable and affordable food prices amid the implementation of the enhanced community quarantine (ECQ) in Metro Manila and stricter quarantines throughout the country. Screen Shot 2021-08-06 at 1.42.20 PM In a...
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives for a mass housing project and two cement manufacturing plants all located outside Metro Manila. Chaired by Finance Secretary Carlos G. Dominguez III, the FIRB during its third meeting last August 2 approved the tax...
The National Economic and Development Authority (NEDA) said cash aid and accelerated vaccination program would help in partly reversing the negative impact of the enhanced community quarantine (ECQ) on the economy. Socioeconomic Planning Secretary Karl Kendrick T. Chua said Friday, July 30, that...
The number of Filipino couples using family planning services increased last year amid the ongoing coronavirus disease (COVID-19) pandemic. (Photo by Artem Everest/ Unsplash) This was disclosed by Commission on Population and Development (POPCOM) Executive Director Juan Antonio A. Perez III during...
Filipinos still prefer a smaller family size, the latest official population count conducted by the Philippine Statistics Authority (PSA) revealed. National Statistician Dennis S. Mapa said on Tuesday, July 12, that the growth pace of the country’s population remained in a downtrend based on the...
President Duterte’s economic manager said the government’s efforts should be geared at accelerating the country’s vaccine deployment and maintaining strict border controls as the quick-spreading Delta variant poses a threat in the Philippines. Socioeconomic Planning Secretary Karl Kendrick T....
Consumer prices rose at a slow pace in June brought about by moderate rise in transport cost, the Philippine Statistics Authority (PSA) reported. After the rate of increase in consumer prices rose at a steady pace for three straight months, the country’s headline inflation went down to 4.1...
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...
Detained Senator Leila de Lima on Friday called on the Senate to expedite the passage of the bill that seeks to grant rent subsidy to informal settler families (ISFs). De Lima made the call as she expressed elation that this particular measure has been approved by the Senate Committee on Urban...
SPEAKING OUT Ignacio R. Bunye Speaking before the Regis CEO Roundtable Series last May 18, Fernando Zobel de Ayala (FZA), President and CEO of Ayala Corporation, disclosed that “two of Ayala’s most cyclical businesses – Ayala Land and BPI – are priming themselves for a post-pandemic...
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...