A few months before reaching the midpoint of his six-year term, President Marcos ensured that the government was doing everything so every Filipino would benefit from the country's improving economy. File photos/Arnold Quizol Marcos said this after the Japan-based Rating and Investment Information,...
China has protested the Philippines’ move to anchor a coast guard ship in Sabina Shoal, although it is part of the Philippine exclusive economic zone (EEZ). China's Foreign Ministry claimed in a statement that the Philippine Coast Guard (PCG) entered into the lagoon of Sabina (known as...
The National Economic and Development Authority (NEDA) clarified that the latest poverty and food thresholds, which some have criticized as unrealistic, are not meant to serve as budget guidelines for a decent standard of living. NEDA Secretary Arsenio M. Balisacan said that these thresholds are...
State economic managers should find time to consolidate the Marcos administration’s economic strategy and be cohesive about it, Senate Deputy Minority leader Risa Hontiveros said. Hontiveros noted that the current plans of the Department of Finance (DOF), Department of Budget and...
(Ellson Quismorio/ MANILA BULLETIN) ACT Teachers Party-list Rep. France Castro is up in arms over the National Economic and Development Authority's (NEDA) claim that having a one-day food budget of just P64 does not make a person "food poor". ...
President Marcos has vowed to invest in job-generating infrastructure and social protection programs to further lower the country's poverty rate to nine percent by 2028 after reporting that the poverty rate dropped to 15.5 percent last year. In a video message late Friday, Aug. 9, Marcos noted that...
The National Economic and Development Authority (NEDA) reported a substantial increase in concessional loan disbursements received by the Philippines from its development partners last year, primarily earmarked for financing infrastructure projects. NEDA Secretary Arsenio M. Balisacan said on...
Finance Secretary Ralph G. Recto said the Philippine government secured about P13 billion in loans from the South Korean government to finance the new Dumaguete Airport Development project. Recto and Export-Import Bank of Korea (KEXIM) Chairman and President Yoon Hee-sung signed on Wednesday, Aug....
The Philippine Statistics Authority (PSA) announced an upward revision of first-quarter economic growth from 5.7 percent to 5.8 percent. According to the PSA, key factors contributing to the revision included: Financial and insurance activities, which increased from 10.0 percent to 10.3 percent;...
(Unsplash) Amid claims that the prohibition on Philippine Offshore Gaming Operators (POGOs) would directly impact the property industry, National Economic and Development Authority (NEDA) asserts that the ban would barely make a noise in the office and residential...
To adjust to inflation, the increase in cash allowances for the Pantawid Pamilyang Pilipino Program (4Ps) is expected to be implemented in 2026. During a committee hearing at the House of Representatives, National Economic and Development Authority Secretary Arsenio M. Balisacan revealed that a...
Chief Presidential Legal Counsel Juan Ponce Enrile (PCO) Chief Presidential Legal Counsel and former Senate President Juan Ponce Enrile called on members of a House of Representatives joint panel to help spread the reach of economic development in...
