The National Economic and Development Authority (NEDA) on Tuesday, Sept. 12 said it welcomes potential investors to prioritize projects in Mindanao, particularly in the energy and agricultural sectors. At the Philippine dialogue with investors in Doha, Qatar, NEDA Secretary Arsenio M....
The economic team of President Marcos was caught off guard when the announcement of a price ceiling on rice was made public on Aug. 31, a Cabinet official confirmed. While in Tokyo for meetings with Japanese ministers, Finance Secretary Benjamin E. Diokno disclosed that the economic managers were...
An official from the National Task Force for the West Philippine Sea (NTF-WPS) stressed that China has no authority to conduct law enforcement operations within the Philippines’ exclusive economic zone (EEZ). National Security Council (NSC) Assistant Director General Jonathan Malaya National...
Law enforcement authorities should prioritize all well-known personalities linked to agricultural smuggling once the measure recommending hoarding, profiteering, and cartel as economic sabotage is signed into law. Sen. Joseph Victor “JV” Ejercito pointed this out on Thursday,...
The National Economic and Development Authority (NEDA) called on the need for strategic national investments to promote human and social development in rebuilding a resilient, post-pandemic health sector. NEDA Secretary Arsenio M. Balisacan said on Tuesday, Sept. 5, that there is a need to...
The Bureau of Customs (BOC) and the Philippine Economic Zone Authority (PEZA) signed on Wednesday, Sept. 6, an agreement to strengthen the efficiency and security of trade and economic zone operations in the country. Under the Data Sharing Agreement, PEZA will be granted access to BOC’s...
The National Economic and Development Authority (NEDA) said the government is considering the reduction of import tariffs for rice as a measure to address the significant increase in the price of the staple food. NEDA Secretary Arsenio M. Balisacan said he called for a review of the 35 percent...
President Ferdinand "Bongbong" Marcos Jr. has designated several parcels of land in Maasim, Sarangani province for inclusion in the existing Kamanga Agro-Industrial Economic Zone. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) It will be implemented through Proclamation...
The National Economic and Development Authority (NEDA) asserted that President Marcos’ order to set a cap on rice prices is justified, serving as a temporary measure against unscrupulous traders. According to the NEDA, there has been a significant upward trend in rice prices in recent weeks,...
President Ferdinand "Bongbong" Marcos Jr. conferred the Order of National Scientists (ONS) and the Presidential Medal of Merit to two officials for their contribution to the country in terms of healthcare and international trade. President Marcos confers the Order of National Scientist upon...
China has asked countries whose territories it claims as its own to remain "calm"following objections it has already received from them in the release of its 2023 standard map. Wang Wenbin, China's Foreign Ministry spokesman, said concerned countries must "refrain from...
The Department of Budget and Management (DBM) said the Advisory Body of the Maharlika Investment Corp. (MIC) will submit the names of nominees responsible for overseeing the country's sovereign wealth fund to Malacañang by mid-October. Budget Secretary Amenah F. Pangandaman told Manila Bulletin on...