Sovereign credit ratings may seem complicated, but they are essentially evaluations of a country's financial well-being. These ratings determine the likelihood of a country meeting its financial commitments and have significant effects on important economic factors that directly impact the lives of...
The Department of Energy (DOE) is engaging the relevant industry stakeholders so they can contribute insights and inputs in the updating of the Philippine Energy Plan (PEP) 2030-2050. The energy department advised that the Luzon leg of its information, education and communication (IEC) campaign on...
The government is targeting to distribute all electronic or digital copies of the national ID (ePhilID) by the end of the year as the progress of the Philippine Identification System (PhilSys) project has caught the attention of President Ferdinand "Bongbong" Marcos Jr. Photo from PhilSys National...
While the dream of rice being bought at P20 per kilo is still unattainable, the government believes improving Filipinos' purchasing power is "a good direction" to take now. National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said the goal to bring down the price of rice...
Withdrawing from business deals with China amid the situation in the West Philippine Sea is not the way to go for the Philippine economy. NEDA Secretary Arsenio Balisacan (Photo courtesy of PCO) National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan made the statement in a...
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expects that speeding up government spending during the second half of the year could improve the country’s growth rate by the end of 2023. NEDA Secretary Arsenio Balisacan (Photo from the Presidential Communications...
The National Economic and Development Authority (NEDA) said the government must first ensure that the momentum of the country's growth is not affected adversely before approving any fare increase in public transportation. File photos (RTVM, Manila Bulletin) NEDA Secretary Arsenio Balisacan said...
The National Economic and Development Authority (NEDA)may need to evaluate the suspended reclamation projects at Manila Bay for their possible impact on the economy and society, Secretary Arsenio Balisacan said on Wednesday, Aug. 23. NEDA Secretary Arsenio Balisacan speaks to the media about the...
Senate Majority Leader Joel Villanueva has urged the government to step up efforts to reskill and upskill Filipinos to give them wider employment opportunities. Senate Majority Leader Joel Villanueva (Senate PRIB Photo) During the briefing of the Development Budget Coordinating...
The government should come up with a comprehensive contingency plan to ensure rice supply in the country is sufficient and will counter its rising price. National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan attends the Development Budget Coordinating Council's (DBCC)...
The Marcos administration's economic managers on Thursday, Aug. 10, recommended an accelerated government spending in the coming quarters to recover its growth momentum following the 4.3 percent expansion of the country's gross domestic product (GDP) in the second quarter of 2023. (File...
There is no existing agreement for the Philippines to remove the grounded BRP Sierra Madre from Ayungin (Second Thomas) Shoal and if there is, President Ferdinand “Bongbong” Marcos Jr. said on Wednesday, Aug. 9, that he is repealing any such agreement. President Ferdinand Marcos Jr. (Photo from...
