The reduction tariff on rice from 35 percent to 15 percent and additional government subsidies will lessen the cost of rice to P29 per kilo for the poor, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan said. Balisacan said on Tuesday, June 4, that adjusting the...
House "Young Guns" bloc huddle up. From left to right: La Union 1st district Rep. Paolo Ortega V, 1-Rider Party-list Rep. Rodge Gutierrez, Deputy Speaker Quezon 2nd district Rep. David "Jay-jay" Suarez, Zambales 1st district Rep. Jefferson "Jay" Khonghun, Ako Bicol Party-list Rep. Jil Bongalon, and...
Taiwan has opened more than 2,000 jobs which could be taken advantage of by Filipino workers, the Manila Economic and Cultural Office said on Sunday, June 2. MECO chairman Silvestre H. Bello III said the job vacancies will be showcased in a special one-day Job Fair and Career Expo which will be...
President Marcos has reappointed Claire Dennis S. Mapa as the national statistician and civil registrar general of the Philippine Statistics Authority (PSA). On Saturday, June 1, National Economic and Development Authority Secretary Arsenio M. Balisacan administered the oath of office to Mapa,...
Construction growth and investment spending are expected to reverse in the coming months amid more investments from the private sector, National Economic and Development Authority Secretary Arsenio M. Balisacan said. Speaking at a panel during the Philippine Economic Briefing last Monday, Balisacan...
Fifty-seven percent of Filipinos expressed their support for the proposed amendments to the Constitution's economic provisions, marking a slight increase from the previous month's figures, as revealed in the Tangere survey conducted from May 21 to 25. Tangere noted a 2 percent increase in...
National Economic and Development Authority Secretary Arsenio M. Balisacan said that the government should avoid giving subsidies to oil and power sectors as it would only benefit the rich. Balisacan told reporters on the sidelines of the Philippine Economic Briefing that subsidies should be aimed...
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...