National Economic and Development Authority Secretary Arsenio M. Balisacan said that the reduction of domestic rice prices by 20 percent in September is possible given that world prices will decline. Balisacan referred to the statement by Finance Secretary Ralph G. Recto, noting that external...
Former Senate President Juan Miguel “Migz” Zubiri on Sunday, May 26, welcomed the ratification of three important priority measures that aim to stem corruption, prevent smuggling of agricultural goods and protect the rights of Filipino seafarers. Both the Senate and the House of...
Senator Cynthia Villar hailed the ratification of the Bicameral Conference Committee report on the Anti-Agricultural Economic Sabotage Act just before the Congress’ sine die adjournment. According to Villar, the measure would lessen the hardships of Filipino farmers and consumers. The...
Senator Joseph Victor "JV" Ejercito on Thursday, lauded the Senate's ratification of the bicameral conference committee report on the Anti-Agricultural Economic Sabotage Bill. The Senate ratified the bicam report on the measure on Wednesday, May 22, 2024. “Ang panukalang ito...
The nation’s economic agency is partnering with the Bangsamoro’s development group to improve the projects and programs in the region. The National Economic and Development Authority (NEDA) signed a memorandum of agreement with the Bangsamoro Planning and Development Authority (BPDA) to aid the...
House Speaker Martin Romualdez (PPAB) Speaker Martin Romualdez said that the House of Representatives will not tolerate the possible arrest of Filipinos within the Philippines' Exclusive Economic Zone (EEZ) by Chinese authorities. This, as the...
The Philippines was ranked sixth among the Association of Southeast Asian Nations in terms of access to basic sanitation services, a study from the National Economic and Development Authority (NEDA) revealed. In a policy note on the Philippine water sector, the NEDA stated that while 97.6 percent...
The National Economic and Development Authority (NEDA) has greenlit a P2.75 billion project designed to propel infrastructure development in line with the country's sustainable development goals. Known as the Facility for Accelerating Studies for Infrastructure, or FAST-Infra project, NEDA said it...
Aboitiz InfraCapital Economic Estates leads the toast celebrating the launch of its fourth economic estate, Tari Estate, with special guests (from left to right) Cosette Canilao, president and CEO of Aboitiz InfraCapital, Inc.; Tereso Panga, director general of the Philippine Economic Zone...
Electric motorcycles and bicycles will now enjoy lower tariff rates following its inclusion to the list of vehicles under the Executive Order (EO) No. 12 The National Economic and Development Authority Board approved the recommendations of the Committee on Tariff and Related Matters on the review...
The Department of Human Settlements and Urban Development (DHSUD) is eyeing the establishment of what it described as moden mass housing within the vicinities of Clark Special Economic Zone (CSEZ) and the Clark Freeport Zone (CFZ) in a bid to support the manpower needs for the economic development...
The Philippines and the United States are now considering the use of satellite imagery beamed from outer space for maritime domain awareness amid reports of continued illegal activities in the West Philippine Sea. This will be achieved through the US Transportation Department's SeaVision program, a...
