National Economic and Development Authority Secretary Arsenio M. Balisacan said that the country's gross national income (GNI) per capita must have a 6.7 percent growth to be able to reach the upper middle-income status. On the sidelines of the launch of National AI Strategy Roadmap 2.0, Balisacan...
Citing the need to upgrade the country’s digital connectivity, the National Economic and Development Authority (NEDA) board led by President Marcos has approved some P16.1 billion allocation for the Philippine Digital Infrastructure Project (PDIP). File photo According to the NEDA website, the...
Senator Grace Poe is optimistic that the lapsing of the Bulacan Special Economic Freeport Act (Bulacan EcoZone) into law would put into high gear the development of the New Manila International Airport (NMIA). "Central to the establishment of the Bulacan EcoZone is the building of the...
A bill establishing the Bulacan Special Economic Zone and Freeport has lapsed into law. The Republic Act 11999 or the Bulacan Special Economic Zone and Freeport Act which lapsed into law on June 13 also creates the Bulacan Special Economic Zone and Freeport Authority. Under the law, the...
The country’s ambition to become upper middle-income status could be achieved in 2026, later than the government’s projection of 2025. That is, if the peso does not depreciate. National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan, during a briefing on Thursday, June...
The National Economic and Development Authority (NEDA) board has approved the creation of a P16.1 billion project to expedite the country’s internet connection through digital infrastructure. The Philippine Digital Infrastructure Project (PDIP), which will be financed through official development...
Tangere A public opinion poll conducted by Tangere in June revealed that 60 percent of Filipinos support the proposed amendment to the economic provisions of the 1987 Constitution, marking a 2 percent increase from the previous month's survey. The poll, conducted from June 19 to 22, shows a...
Tycoon Ramon S. Ang of San Miguel Corp. (SMC) is joining President Marcos’ economic managers in Tokyo to showcase investment opportunities in the Philippines. Having recently delegated day-to-day management of the country’s most diversified conglomerate to his eldest son, Ang will take part in...
BACOLOD CITY – Bacolod Rep. Greg Gasataya on Tuesday, June 18, said that he has asked the Department of Public Works and Highways (DPWH) to finish the construction of the Bacolod Economic Highway (BEH) by the third quarter of this year. GASATAYA (Glazyl Masculino) Gasataya said construction...
The Marcos administration’s economic team encouraged major Japanese companies to strengthen their technology expertise in the country to spur industry development and economic growth. On the sidelines of the Philippine Economic Briefing in Japan, the economic team engaged with top executives of...
The Philippines has fallen in the 2024 global ranking that assesses how economies balance energy security and access with environmental sustainability and affordability. In this year's Energy Transition Index (ETI) by the World Economic Forum (WEF), the Philippines dropped to 105th out of 120...
Government agencies and local government units are waiving their fees for the permits and other documents required for the construction of infrastructure flagship projects (IFPs). This is in accordance with Executive Order 59, signed by President Ferdinand Marcos Jr. in April 30, which aims to...
