There is no major impact caused by the Israel-Hamas war on the country's economy, a Cabinet official said. NEDA Secretary Arsenio Balisacan (Photo courtesy of PCO) National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said there is "hardly any impact" as there is no major...
Albay 2nd district Rep. Joey Salceda (Rep. Salceda's office) The relief request by the Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) from the Central Bank for infusions to the Maharlika Investment Fund (MIF) is nothing to...
A technology developed by a university that monitors crop production data can be utilized in formulating policy recommendations on inflation, the National Economic and Development Authority said. The Project SARAI, or the Smarter Approaches to Reinvigorate Agriculture as an Industry in the...
The Department of Social Welfare and Development (DSWD) has provided cash assistance to the families of three fisherfolk who were killed after an unidentified commercial vessel” rammed their fishing boat passing through the waters off Bajo de Masinloc on Oct. 2. Photo credit to MB Visual...
The Bases Conversion and Development Authority (BCDA) partnered with Japan to demonstrate an energy-efficient and smart public transportation system that will run within New Clark City, Tarlac, and the rest of the Clark Special Economic Zone. In a statement, the BCDA said on Wednesday, Oct. 11,...
The Bases Conversion and Development Authority (BCDA) is exploring eco-friendly cooling technologies to help reduce electricity usage for future residents and businesses in New Clark City, Capas, Tarlac. In a statement, BCDA said the state-run firm has partnered with United District Energy...
The Inter-Agency Committee on Inflation and Market Outlook (IAC-IMO) has proposed the extension of lower tariff rates on essential commodities until Dec. 31, 2024, the National Economic and Development Authority (NEDA). NEDA Secretary Arsenio M. Balisacan said that the committee's recommendation...
The Philippines needs more time to create high-quality jobs, as the current growth is mainly focused on low-quality job opportunities, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan said the government needs to make significant investments,...
The National Economic and Development Authority (NEDA) does not support the increase of interest rates, noting that it could hurt consumers amid high inflation. “If I were in the Monetary Board, I would say no. We have been the most aggressive in the region in raising interest rates,” NEDA...
The government’s inter-agency body on inflation has officially recommended to President Marcos that the reduced import tariff on rice be extended until the end of next year, the National Economic and Development Authority (NEDA) said. After the Oct. 3 meeting of the Inter-Agency Committee on...
The Bases Conversion and Development Authority (BCDA) received its highest performance grade from the Governance Commission for Government-Owned or Controlled Corporations (GCG). In 2022, GCG awarded the BCDA with an overall rating of 96.80 percent, beating its scores from the past seven years. In...
Local share prices plunged after the government reported that consumer prices surged in September. The main index fell 119.60 points or 1.90 percent to close at 6,178.60 as the Property sector led all sub indices in their retreat. A total of 676 million shares worth P5.43 billion changed...
