The National Economic and Development Authority (NEDA) said on Wednesday, Nov. 22, that it expects an executive order that will fast track the Marcos administration’s infrastructure flagship projects (IFPs) will be released “very soon.” NEDA Undersecretary for Investment Programming Joseph J....
President Marcos and his cabinet secretaries came in full force in promoting the Philippines as an attractive investment destination to the United States business community during the Philippine Economic Briefing (PEB) in San Francisco. Finance Secretary Benjamin E. Diokno, who leads the Marcos,...
Now that the Maharlika Investment Fund (MIF) implementing rules and regulations (IRR) have been revised, President Marcos disclosed on Wednesday, Nov. 15 (US time) that the investment fund will finance “about 80 potential infrastructure projects” in the Philippines. President Ferdinand Marcos...
The Philippine government maintained that it will not seek permission from China to conduct a resupply mission to a grounded ship in the Ayungin Shoal despite Beijing’s protest that such missions infringed into its territory, the Department of Foreign Affairs (DFA) said on Thursday, Nov. 16. BRP...
The National Economic and Development Authority (NEDA) said achieving the lower end of the government's growth target range is still achievable due to increased public spending and the upcoming holiday season. During a briefing in San Francisco, California, NEDA Secretary Arsenio M. Balisacan...
The Philippines needs to improve its connectivity and supply chain linkages in a bid to regain its leading role in the region, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Presidential Communications Office) During the Philippine economic briefing in San...
President Marcos said the Philippines is ready to explore new horizons with American businesses as he wooed them to invest in the country by highlighting investor-friendly reforms and a sound economic position. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos said this as he...
The National Economic and Development Authority (NEDA) released the Implementing Rules and Regulations (IRR) of Republic Act No. 11927 or the Philippine Digital Workforce Competitiveness Act. The law is mandated to conceptualize and promote policies that would enhance the competitiveness of the...
ILOILO CITY – The National Economic and Development Authority (NEDA)-6 said the proposed bridge linking the islands of Panay and Guimaras will be constructed and completed by the end of the Marcos administration. A PERSEPECTIVE of the proposed Panay-Guimaras-Negros bridge. (DPWH) “It is...
A recruitment agency accused by the Manila Economic and Cultural Office (MECO) of overcharging Taiwan-bound Filipino scholars has denied the allegation that it is engaged in any form of illegal activity. In a letter sent to MECO chairman and resident representative Silvestro H. Bello III, the JS...
Senate Majority Leader Joel Villanueva said on Monday, Nov. 13 that seasonal employment should not be a benchmark of the country's low unemployment rate. This, the Senate official pushed for more quality jobs for the Filipinos. "Magandang aginaldo po ang trabaho para sa ating mga kababayan....
The Manila Economic and Cultural Office (MECO) has asked local authorities to blacklist a Manila-based recruitment agency for allegedly demanding a huge sum of money for young students bound for Taipei under the Taiwan government’s scholarship program. MECO chairman Silvestre H. Bello III said he...