The Philippine and Japanese governments inked on Friday, Nov. 10, an agreement that will ensure the sustainable urban development of Metropolitan Davao and its areas in the Davao Region. The National Economic and Development Authority (NEDA) and the Japan International Cooperation Agency (JICA)...
The National Economic and Development Authority (NEDA) said that President Marcos has given his approval for the purchase of five additional units of state-of-the-art patrol vessels from the Japanese government. In a briefing on Thursday, Nov. 9, NEDA Secretary Arsenio M. Balisacan said the...
President Marcos has given the go-ahead for the Department of Public Works and Highways (DPWH) to proceed with the Swiss challenge for the Tarlac-Pangasinan-La Union Expressway (TPLEX) Extension Project. The President, as the chair of the National Economic and Development...
The country’s economy surged in the third-quarter on the back of higher consumer spending, the Philippine Statistics Authority (PSA) reported on Thursday, Nov. 9. The economy, as measured by the gross domestic product (GDP), grew by 5.9 percent in July to September this year, stronger compared to...
With its “economies of scale” now in place, an official of the National Economic and Development Authority (NEDA) said that the administration of President Marcos is treading the right path in providing affordable rice in the market. (File Photo/MANILA BULLETIN) Speaking in a Palace briefing,...
Provinces that are expected to be less vulnerable to El Niño must also be provided with government interventions as the country will bank on them for agriculture production, President Marcos said. (MB FILE PHOTO) National Economic and Development Authority (NEDA) Undersecretary Rosemarie Edillon...
The National Economic and Development Authority (NEDA) took on a roadshow in Luzon to engage stakeholders in driving social and economic transformation in the country. In line with the National Innovation Agenda and Strategy Document (NIASD) 2023-2032, launched last September, the roadshow series...
In response to the call of the Marcos administration to accelerate government spending in the second quarter of the year, the Department of Public Works and Highways (DPWH) and the Department of Social Welfare and Development (DSWD) topped the spending of government agencies this third quarter....
The Philippines has “clear priorities” and plans in place to contain the impact of the Israel-Hamas conflict on the country’s inflation rate, National Economic and Development Authority (NEDA) Undersecretary Rosemarie Edillon said on Tuesday, Nov. 7. Smoke billows from the Gaza's Rafah border...
MANILA/SAN FRANCISCO – Reinvigorating tourism influx as well as tighter cooperation in the aviation industry had just been pulled off by the governments of the Philippines and the United States with the recent launch of United Airlines’ direct flight to San Francisco, California, which is...
The Development Budget Coordination Committee (DBCC) reported that the third quarter posted an increase in disbursements by the Marcos administration due to the swift execution of government programs. The DBCC, an inter-agency body responsible for establishing the government's macroeconomic...
The government’s economic team is looking to collect P3.84 trillion to P3.90 trillion in total revenues this year, above the target of P3.73 trillion. In a joint statement, the Development Budget Coordination Committee (DBCC) said that P2.84 trillion in revenues have been collected in the first...
