International think-tank and research organization Stratbase ADR Institute believes that electric motorcycles' inclusion in tariff reductions under Executive Order No. 12 would be beneficial to the public. (Photo courtesy of DOST-PCIEERD) Under EO12, several types of EVs have received tariff...
The National Economic and Development Authority (NEDA) said the Regional Comprehensive Economic Partnership (RCEP) would further enhance the country’s market access. In a statement on Monday, Feb. 20, NEDA Secretary Arsenio M. Balisacan said that they remain steadfast in their support toward the...
The Maharlika Investment Fund (MIF) would be the alternative source of government financing once the Philippines becomes an upper-middle income economy, which disqualifies the country from less expensive development loans, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno...
The National Economic and Development Authority (NEDA) said the government is finalizing a list of flagship projects worth P15 trillion that will be up for President Marcos’ approval next month. During the Makati Business forum on Thursday, Feb. 23, NEDA Secretary Arsenio...
Finance Secretary Benjamin E. Diokno was not bothered about rumors that he was on his "way out" of the Marcos administration, saying his reported replacement, who is currently a House lawmaker, is a friend. On the sidelines of the Pilipinas Conference on Tuesday, Nov. 22, Diokno shrugged off...
The National Economic and Development (NEDA) expects slower growth for next year due to substantial external and internal headwinds. Socioeconomic Planning Secretary Arsenio M. Balisacan said the economy would likely grow above seven percent this year, but it is expected to expand at a much slower...
Department of Social Welfare and Development (DSWD) Undersecretary Vilma Cabrera, as the Philippine Senior Officials Meeting on Social Welfare and Development (SOMSWD) Leader, chairs the ASEAN Inter-Sectoral Consultation to enhance the Regional Guidance on Strengthening the Role of Social Work and...
The ball is now in the hands of the business sector to take advantage of opportunities, said Trade and Industry Secretary Alfredo E. Pascual a day after the Senate concurred the ratification of the mega trade deal. The challenge was readily accepted by the private sector, which composed of...
There is, so far, no discussion on whether or not the government would duplicate the Senate's inflation relief aid to its employees in the executive department and to the public. Citizens gather in front of the Department of Social Welfare and Development (DSWD) along Legarda Street, Manila, after...
The Department of Budget and Management (DBM) assured its support for the Bangsamoro Autonomous Region in Muslim Mindanao’s (BARMM) digitalization initiative in its system of governance. Budget Secretary Amenah F. Pangandaman made the statement at the recent conduct of consultation on BARMM...
President Ferdinand "Bongbong" Marcos Jr. had his first meeting with the National Innovation Council (NIC) to discuss the implementation of the Philippine Innovation Act. (Photo courtesy of Malacañang) During the meeting, which was held on Tuesday, Feb. 21, the approval of the seven executive...
The National Innovation Council (NIC) approved several project proposals geared towards developing “innovative solutions,” the National Economic and Development Authority (NEDA) said. In a briefing, NEDA Secretary Arsenio M. Balisacan said the 25-member council chaired by President Marcos...