While long holidays are often embraced by many, National Economic and Development Authority (NEDA) Secretary Arsenio M. Balisacan believes they can pose challenges for Filipinos striving to earn a living. Balisacan explained that mandatory holidays enforced by the government can be especially...
The Bataan-Cavite Interlink Bridge (BCIB) and the Cebu Bus Rail Transit (BRT) projects have faced delays and increased construction costs, the National Economic and Development Authority (NEDA) announced. In a briefing, NEDA Secretary Arsenio M. Balisacan on Friday, Oct. 13, said that the...
The Department of Finance (DOF) said the country's growth prospects continue to be robust despite the slowdown experienced in the first half of the year. Depiste global headiwnds, Finance Secretary Benjamin E. Diokno said the government is committed to achieve a gross domestic product (GDP) growth...
There is no major impact caused by the Israel-Hamas war on the country's economy, a Cabinet official said. NEDA Secretary Arsenio Balisacan (Photo courtesy of PCO) National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said there is "hardly any impact" as there is no major...
Finance Secretary Benjamin E. Diokno admitted that China's economic slowdown would have a minor impact on the Philippines. At the ASEAN Roundtable in Marrakech, Morocco, the government's chief economic manager said that China's economic slowdown would have an impact on Philippine exports. ...
A technology developed by a university that monitors crop production data can be utilized in formulating policy recommendations on inflation, the National Economic and Development Authority said. The Project SARAI, or the Smarter Approaches to Reinvigorate Agriculture as an Industry in the...
The Inter-Agency Committee on Inflation and Market Outlook (IAC-IMO) has proposed the extension of lower tariff rates on essential commodities until Dec. 31, 2024, the National Economic and Development Authority (NEDA). NEDA Secretary Arsenio M. Balisacan said that the committee's recommendation...
The Philippines needs more time to create high-quality jobs, as the current growth is mainly focused on low-quality job opportunities, the National Economic and Development Authority (NEDA) said. NEDA Secretary Arsenio M. Balisacan said the government needs to make significant investments,...
The National Economic and Development Authority (NEDA) does not support the increase of interest rates, noting that it could hurt consumers amid high inflation. “If I were in the Monetary Board, I would say no. We have been the most aggressive in the region in raising interest rates,” NEDA...
The government’s inter-agency body on inflation has officially recommended to President Marcos that the reduced import tariff on rice be extended until the end of next year, the National Economic and Development Authority (NEDA) said. After the Oct. 3 meeting of the Inter-Agency Committee on...
ENTER THE MEGALOPOLIS Hann Resorts is located at the Clark Freeport and Special Economic Zone (CFEZ) There’s so much room for the future at the Clark Freeport and Special Economic Zone (CFEZ) in Central Luzon. Geographically, what we remember roughly as the former US military base has the...
The Makati Business Club (MBC), a group of big businesses based in the country’s premier financial district – Makati, lauded Congress for a productive start to the current session, with three economy-boosting bills on their way to President Ferdinand R. Marcos Jr. for signature. These are...
