The National Economic and Development Authority (NEDA) said the aggressive monetary policy tightening by the Bangko Sentral ng Pilipinas (BSP) would drag down the country’s economic growth this year. During the Wallace Business Forum Roundtable on Wednesday, March 22, NEDA Arsenio M. Balisacan...
The National Economic and Development Authority (NEDA) has released the implementing rules and regulations (IRR) of the amended Public Service Act (PSA) that allows full foreign ownership of some Philippine businesses. Upon its effectivity, the amendments to the PSA shall enable the liberalization...
Senators are more likely to agree to amend the 1987 Constitution through a constituent assembly (Con-ass) than having to introduce changes to it through a Constitutional convention (Con-con). Senator Jinggoy Ejercito Estrada pointed this out saying he can only anticipate how the government will have...
President Ferdinand "Bongbong" Marcos Jr. has ordered the establishment of the Philippine Heart Center (PHC) Annex in the Clark Freeport Zone in Pampanga. Marcos gave the directive through [Executive Order (EO) No. 19](https://pco.gov.ph/wp-content/uploads/2023/03/20230308-EO-19-FRM.pdf) which he...
Government to strengthen policies toward high-quality job creation - NEDA As the country’s labor market conditions continue to improve, the government remains steadfast in strengthening its policy interventions geared toward generating more productive and higher-quality employment, said the...
The National Economic and Development Authority (NEDA) said the Regional Comprehensive Economic Partnership (RCEP) would further enhance the country’s market access. In a statement on Monday, Feb. 20, NEDA Secretary Arsenio M. Balisacan said that they remain steadfast in their support toward the...
ZURICH, Switzerland — President Ferdinand "Bongbong" Marcos Jr. said his government had placed infrastructure development as the "pinnacle" of its vision for an equitable, prosperous and resilient Philippines by 2040 while recognizing the private sector's critical role in realizing its goals....
We have arrived at a time when digitalization is no longer a luxury or a by-the-way thing, but a necessary and essential process. No enterprise will thrive or survive without having its operations digitalized for the convenience of stakeholders and customers. In one way or another, our daily...
Delegates of the planned constitutional convention (con-con) will be able to propose any kind of amendment--economic or otherwise--to the 1987 Constitution. Cagayan de Oro City 2nd district Rep. Rufus Rodriguez (above, gesturing) confirms that con-con delegates would be able to propose any kind of...
Alliance of Filipino women Gabriela staged a noise barrage in Quezon City to protest against the “severe economic crisis” as well as demand salary increase and decent job opportunities for all. (Photo courtesy of Gabriela) Members of Gabriela on Monday afternoon, Feb. 27, trooped in front of...
Go Negosyo founder Joey Concepcion believes that the regional free trade deal between the 10-member Association of Southeast Asian Nations (ASEAN) and five other economies will bring about change in the country’s agricultural sector. Big-brother companies in agriculture meet to discuss...
The National Economic and Development Authority (NEDA) said the government is finalizing a list of flagship projects worth P15 trillion that will be up for President Marcos’ approval next month. During the Makati Business forum on Thursday, Feb. 23, NEDA Secretary Arsenio...
