The Department of the Interior and Local Government (DILG)-Region 1 conducted a series of training on Local Economic Development for local government units (LED4LGUs) to aid seven localities boost their economy amid the adverse effects of the Covid-19 pandemic. Through the Local Government...
To lead the National Economic Development Authority (NEDA), President-elect Ferdinand “Bongbong” Marcos has nominated economist Arsenio Balicasan to return to his previous post. Read more here:...
The Philippine envoy to the United States believes that President-elect Ferdinand Marcos Jr. will be an “advantage” to the two countries’ relations as he would ensure economic recovery by reaching out to traditional allies like the US. Philippine Ambassador to the United States Jose Manuel...
As the Department of Health (DOH) expanded the coverage of Covid-19 vaccine's booster shots, Presidential Adviser for Entrepreneurship Joey Concepcion said that while this is a welcome development, the real threat of Covid infections remains among the country's working sector, particularly those...
The National Economic and Development Authority (NEDA) has fired back at critics of the rice tariffication law (RTL), noting that contrary to claims, the reform helped both farmers and consumers since its enactment. In a statement, Socioeconomic Planning Secretary Karl Kendrick T. Chua said that...
The country’s gross domestic product (GDP) grew by 8.3 percent in the first quarter of 2022, higher than the 7.8 percent growth achieved in the fourth quarter of the previous year, and a significant reversal of the 3.8 percent decline a year ago. According to Socioeconomic Planning Secretary Karl...
High debt load and low revenue collection will become bottlenecks to the country’s return to a rapid and sustainable economic growth path, the Department of Finance (DOF) said. As the government transitions to the next administration, Finance Chief Economist Gil S. Beltran said that fiscal...
Here’s what you need to know about the Korean Hahoetal masks Apart from anti-fascist song “ Bella ciao ” and the red jumpsuits, the Dalí mask is one of the prime symbols of Netflix’s “Money Heist.” The mask reflects the philosophies of Spanish surrealist artist Salvador Dalí against...
The Covid-19 crisis has exacerbated the tourism industry’s pre-pandemic structural challenges, the latest report by the Asian Development Bank (ADB) revealed on Friday, May 13. In an ADB report entitled “Supporting Post Covid-19 Economic Recovery in Southeast Asia,” the Manila-based lender...
Socioeconomic Planning Secretary Karl Kendrick T. Chua is hopeful that the next administration will adopt policy continuity as he also cautioned against reversing some important reforms enacted under the Duterte administration. Chua, who is also head of the National Economic and Development...
With the May 2022 presidential race seemingly over and victory all but formalized by the National Board of Canvassers, UniTeam bet Bongbong Marcos appeared before media Wednesday night, May 11 to discuss "what's next". (Screenshot from Facebook live) "Maraming nagtatanong ngayon na kahit hindi pa...
The National Economic and Development Authority (NEDA) remained optimistic that the economy will return to its pre-pandemic growth this year as the country continues to build on progress in recovering from Covid-19. During the Philippine Consulate General town hall meeting in New York City on April...
