While the dream of rice being bought at P20 per kilo is still unattainable, the government believes improving Filipinos' purchasing power is "a good direction" to take now. National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said the goal to bring down the price of rice...
Withdrawing from business deals with China amid the situation in the West Philippine Sea is not the way to go for the Philippine economy. NEDA Secretary Arsenio Balisacan (Photo courtesy of PCO) National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan made the statement in a...
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expects that speeding up government spending during the second half of the year could improve the country’s growth rate by the end of 2023. NEDA Secretary Arsenio Balisacan (Photo from the Presidential Communications...
The National Economic and Development Authority (NEDA) said the government must first ensure that the momentum of the country's growth is not affected adversely before approving any fare increase in public transportation. File photos (RTVM, Manila Bulletin) NEDA Secretary Arsenio Balisacan said...
The National Economic and Development Authority (NEDA)may need to evaluate the suspended reclamation projects at Manila Bay for their possible impact on the economy and society, Secretary Arsenio Balisacan said on Wednesday, Aug. 23. NEDA Secretary Arsenio Balisacan speaks to the media about the...
The battered local stock market continued to drop, this time after US Treasury yields hit a 16-year high. The main index fell by 77.88 points or 1.24 percent to close at 6,212.39 as Conglomerates led the retreat while Banks managed to advance. Volume amounted to 391 million shares worth P4.79...
The Commission on Higher Education (CHED), as well as the Department of Education (DepEd), are among the most trusted and top-performing government agencies for the second quarter of the year, an independent survey conducted by the OCTA Research bared. MB file photo Based on the survey...
DBP Chairman, Dante O. Tiñga (seated, center), and DBP President and Chief Executive Officer, Michael O. de Jesus (seated, second from left), are shown during the loan agreement signing between DBP and Pueblo De Oro Development Corporation. Also in photo are (seated, from left): Pueblo...
The Technical Education and Skills Development Authority (TESDA) is eyeing to build a technical vocational education and training (TVET) innovation center inside the Clark Freeport Zone in Pampanga. Photo courtesy of TESDA In a statement, the agency said that TESDA Secretary Suharto T. Mangudadatu,...
Only a third (33.6%) of Philippine firms are active in innovation with agriculture consistently ranked lowest in innovation, based on a study by the Philippine Institute for Development Studies (PIDS). The 2021 PIDS Survey of Innovation Activities authored by Senior Research Fellows Jose Ramon...
The drop in US stock prices continued to weigh on local investor sentiment, pushing the PSEi below the 6,300 level as the trading week ended. The main index lost 74.70 points or 1.17 percent to close at 6,290.27 as Banks led the retreat while the Mining and Oil counter bucked the trend. Volume...
The local stock market weakened again after sentiment was dampened by statements made by the US Federal Reserve. The main index dropped 45.12 points or 0.70 percent to close at 6,364.97 as Conglomerates led the decline with only the Services counter managing to hold its ground. Volume...
