Sen. Cynthia Villar said on Friday, March 1, that the economic provisions being reviewed by the Senate in the bid to amend the 1987 Constitution are "minor" and "unimportant." In an interview, Villar said that after speaking with businessmen, they told her that they are facing problems that are...
The Taiwanese government has donated around P11.2 million in cash to the residents affected by the flooding and landslides in three Davao provinces early this month, the Manila Economic and Cultural Office (MECO) said. MECO chairman Silvestre H. Bello III said the management of the donation from...
A bill seeking the establishment of the Bulacan Airport City Special Economic Zone and Freeport or the "Bulacan Ecozone" is up for plenary deliberations in the Senate. Sen. Grace Poe on Tuesday, February 27, 2024 sponsors a bill that would establish the Bulacan Airport City Special Economic Zone...
The House plenary (Ellson Quismorio/ MANILA BULLETIN) In what could be interpreted as yet another loud endorsement from Malacañang, members of President Marcos' economic team trooped to the House of Representatives Monday, Feb. 26 to express...
The National Economic and Development Authority (NEDA) has stressed the urgent need for the Philippines to dismantle restrictions on key sectors of the economy that are holding back the country from matching the developments of its neighboring nations. NEDA Secretary Arsenio M. Balisacan said that...
Former president Rodrigo Duterte (Malacañang photo) House Deputy Speaker Rep. David “Jay-Jay” Suarez welcomed former President Rodrigo Duterte’s renewed support for amending the Constitution, but insisted that the latter's supporters should follow his lead....
Congressional Policy and Budget Research Department (CPBRD) Deputy Secretary General Dr. Romulo Emmanuel Miral Jr. (PPAB) An expert from the House of Representatives research department said the only way the Philippines can attract foreign investments is through...
The government sets its eye on expediting more energy-related investments to attain low electricity prices, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan reiterated their commitment to address issues in the energy sector, including the...
Consumers’ pockets will have some breathing space next week as oil prices are anticipated to be on substantial rollback at the domestic pumps, based on the calculation of the oil companies. According to the industry players, the price of gasoline products will be trimmed by P0.70 to P1.10 per...
The National Economic and Development Authority (NEDA) said the government is considering the approval of the planned privatization of the operations and maintenance (O&M) for two major railway projects this year. During the virtual SNAP Conversations 2024: Economic Outlook event, NEDA...
The National Economic and Development Authority (NEDA) said the implementing rules and regulations (IRR) of the Public-Private Partnership (PPP) Code will come into effect in the first week of April this year. NEDA Secretary Arsenio M. Balisacan said on Thursday, Feb. 22, that their goal is to...
President Marcos' chief economist cautioned that the implementation of the proposed P100 wage hike could result in heightened unemployment rates, a further acceleration of consumer prices, and a deceleration in economic growth. National Economic and Development Authority (NEDA) Secretary Arsenio M....
