Closer international cooperation is a must in order to speed up the Asia-Pacific region’s economic recovery from the coronavirus disease (COVID-19), while also addressing the challenges of climate change. President Rodrigo Duterte (Malacañang photo) President Duterte made this call during the...
Vice presidential aspirant Senator Christopher "Bong" Go on Friday said he remains optimistic with the country's economic resilience as the Philippines’ Gross Domestic Product (GDP) grew by 7.1 percent in the third quarter of 2021. With this figure, Go lauded the economic managers of the Duterte...
The country’s economic growth performance for the second-quarter was slightly revised upward by the Philippine Statistics Authority (PSA). In its report on Monday, Nov. 8, PSA said the economy, or gross domestic product (GDP), expanded by 12 percent in April to June 2021, a revision of the...
The National Economic and Development Authority (NEDA) has affirmed its commitment to work with the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM). During the 1st BARMM Planner's Congress, Socioeconomic Planning Secretary Karl Kendrick T. Chua said NEDA will continue supporting the BARMM...
EDITORIAL Responding to an apparent widespread clamor, the government declared the de-escalation of the National Capital Region (NCR) from alert level 3 to alert level 2 from November 5 to 21. This de-escalation follows an emergent consensus among key stakeholders on the need for fast-tracking the...
The establishment of special economic zones in the country could spell a swift turn-around in the economy of various regions and provinces as government battles the economic devastation brought by the COVID-19 pandemic. Occidental Mindoro Rep. Josephine Ramirez-Sato Occidental Mindoro Rep....
The Philippine economy may likely outperformed pessimistic forecasts for the third-quarter following the the sterling performance of the manufacturing sector, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in a joint report. In the October issue of...
The Duterte administration will amend the the implementing rules and regulations (IRR) of the build-operate-transfer (BOT) law to remove the “onerous,” “excessive,” and “undue” terms, the National Economic and Development Authority (NEDA) said. In a statement, the NEDA said on Tuesday,...
The Federation of Free Farmers (FFF) urged the Senate to defer the ratification of the Regional Comprehensive Economic Partnership (RCEP) trade agreement pending the conduct of consultations with farmers. 42933 In a statement, the FFF pointed out that the Department of Agriculture (DA) has not...
Economic recovery is “not a horse race” among Asian peers, the Department of Finance (DOF) clarified after a number of analysts anticipated that the Philippines may likely become the last country in region to regain its pre-pandemic growth level. “I don't watch the projections for the...
Presidential hopeful former Senator Ferdinand “Bongbong” Marcos is strongly convinced that Cebu province will play a very significant role in the recovery of the Philippine economy, with Cebu City expected to become one of the country’s center of development in the future. Sen. Bongbong...
More than three-fourths of the country’s economy remain under heightened restrictions, the National Economic and Development Authority (NEDA) said, warning this prolonged-quarantine period will not come without consequences on future generations. Since the onset of COVID-19 pandemic in March last...
