The National Economic and Development Authority (NEDA), the country’s macro-economic policy planning agency, stressed that the Philippines has no choice but to ratify the Regional Comprehensive Economic Partnership (RCEP), while big businesses believe on the need to expose domestic industries to...
The Board of Investments (BOI) is confident it would hit its P1 trillion investment approvals target for 2023, citing serious interests from global investors. Trade and Industry Secretary Alfredo E. Pascual, who is also BOI chairman, attributed the renewed interest of multinationals following the...
The Department of Budget and Management (DBM) said it will continue the timely release of budgets for the year to fund “crucial” government programs and projects. Budget Secretary Amenah F. Pangandaman said on Monday, Feb. 20, that the DBM’s released allotments stood at 56.4 percent of the...
The Marcos administration plans to create an ad hoc group composed of economic mangers, as well as trade and agriculture secretaries that would put public interest ahead of vested interest groups on the supply and demand of key commodities. Finance Secretary Benjamin E. Diokno said that one of the...
The Department of Public Works and Highways (DPWH) has completed the rehabilitation of the Cordon-Aurora Boundary Road, Isabela–Junction Dumabato section of Barangay Gamis in Saguday, Quirino, which it said, is now providing a safer travel for the motorists. In a report to DPWH Secretary Manuel...
Department of the Interior and Local Government (DILG) Secretary Benjamin “Benhur” Abalos, Jr. ordered the Philippine National Police (PNP) to conduct a massive manhunt for the suspects behind the ambush of Lanao del Sur Governor Mamintal “Bombit” Alonto-Adiong, Jr. that killed four of his...
“There is no magic pill for agriculture.” Thus said Trade and Industry Secretary Alfredo E. Pascual in an interview at One News Ph’s The Chiefs on the state of the country’s agriculture and in light of the agency’s efforts to have the concurrence of the Senate on the executive branch’s...
Budget Secretary Amenah F. Pangandaman has thrown her support behind the Procurement Service – Department of Budget and Management (PS-DBM), saying that centralized government procurement is still more advantageous to the government and the Filipino people. Speaking at the Partners in Service...
The Department of Public Works and Highways (DPWH) said Friday, Feb. 17, that it has completed the construction of a P173.7-million bridge that interconnects the far-flung communities in the town of Maria Aurora in Aurora province. DPWH photo In a report to DPWH Secretary Manuel M. Bonoan, DPWH...
Trade and Industry Secretary Alfredo E. Pascual warned that EU exports to the Philippines will be “competitively disadvantaged” due to the continuing delays in the EU-Philippines bilateral free trade agreement (FTA). Pascual tried to drive home this point during the European Chamber of Commerce...
The Philippines has joined a regional initiative that aims to set tailored solutions to ensure the implementation of tax transparency standards across Asia, the Department of Finance (DOF) said. Finance Secretary Benjamin E. Diokno said the Philippines has endorsed the Bali Declaration, which calls...
The National Economic and Development Authority (NEDA) said the “high-value deals” sealed by President Marcos during his recent visit to Japan is expected to generate thousands of jobs for Filipinos. In a statement on Thursday, Feb. 16, NEDA Secretary Arsenio M. Balisacan said the 35...
