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Creation of more Bangsamoro economic zones welcomed
Business groups and local executives support the planned setting up by the Bangsamoro government of additional economic zones in the autonomous region and in its 63 barangays in Cotabato province in Region 12......»»
BARMM consultations for creation of 32 districts gain ground
COTABATO CITY (MindaNews / 16 January) – The Bangsamoro Transition Authority (BTA) has started the public consultations for the creation of the proposed 32 districts in the region, with a senior official stressing the first Bangsamoro Parliamentary elections in 2025 won’t happen if the districts will not be established. Parliament Bill No. 267 or Parliamentary Districts […].....»»
NEDA Chief: More reforms needed to unlock full benefits of Cha-cha
MANILA, Philippines —Socioeconomic Planning Secretary Arsenio Balisacan on Saturday reiterated his support for the proposed amendments particularly to the restrictive economic provisions of the Constitution. Those changes, the National Economic and Development Authority (Neda) chief said in a statement, are crucial for the economic advancement and competitiveness of the Philippines. Balisacan issued the statement to.....»»
3 Army battalions to guard plebiscite for creation of 8 Bangsamoro towns
The Philippine Army will deploy three battalions of soldiers to help ensure a peaceful conduct of the April 13,2024 plebiscite for the creation of eight municipalities covering 63 Bangsamoro barangays in different towns in Cotabato province......»»
P57-M road projects to spur tourism, agri dev t in 2 Negros LGUs
P57-M road projects to spur tourism, agri dev t in 2 Negros LGUs.....»»
NEWS BRIEFS | Misamis Oriental Updates, 31 January 2024
P12.75 billion ok’d for Laguindingan airport expansion The National Economic Development Authority (NEDA) said it approved the expansion of Laguindingan Airport in Misamis Oriental, which has become the most overcrowded airport in the region. NEDA Secretary Arsenio Balisacan approved the “parameters, terms, and conditions of the upgrade of the airport,” Mindanao’s second busiest airport. The […].....»»
Plebiscite for creation of 8 BARMM towns set April 15
All is set for the plebiscite on the creation of eight towns out of 63 barangays in Cotabato to form part of the Special Geographic Area of the Bangsamoro Autonomous Region in Muslim Mindanao......»»
2.4M Dabawenyos working as of Oct 2023
The October 2023 Preliminary Employment report by the Philippine Statistics Authority-Davao Region (PSA-Davao) reveals that 64 percent of the 3.780 million Dabawenyos aged 15 and above are part of the labor force, indicating that 2.42 million individuals are employed. This represents a 1.8 percentage point increase from the previous year. The report also highlights a 97.1 percent employment rate in the Davao Region as of October 2023, with a 2.9 percent unemployment rate, lower than the national average. Despite this, the region still maintains the highest employment rate in the Philippines. Additionally, the report compares employment rates across different regions, with Soccsksargen, Barmm, Central Luzon, CAR, Caraga, Western Visayas, Cagayan Valley, Mimaropa, and Central Visayas surpassing the national average. The Bangsamoro Autonomous Region in Muslim Mindanao (Barmm) records the highest labor force participation rate among 17 regions, while the Zamboanga Peninsula has the lowest rate. The data is collected through the Labor Force Survey (LFS) conducted quarterly and monthly by the PSA central office and its regional statistical services offices. The Davao Region, with nearly 6 million inhabitants, remains the 7th most populous region in the country......»»
‘Content creation’ now among Tesda courses
The Technical Education and Skills Development Authority (Tesda) has added “content creation” to its list of courses that vocational training centers can adopt and offer, in response to the emergence of online platforms as a lucrative source of income. Tesda Secretary Suharto Mangudadatu said the agency had come up with competency standards on content creation for social media that.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Gov t cuts growth target to 6%-7% — NEDA
In a press briefing with the members of the press on Thursday, Balisacan said that the country's economic growth target had been revised following a careful consideration of factors such as the global economic slowdown, rising oil prices and inflation trends......»»
Government sticks to 6.5-7.5 percent growth target for 2024
Despite global and domestic headwinds, the government is still aiming to attain a 6.5 to 7.5 percent economic growth for this year, according to National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan......»»
Government urged to lift ecozone ban in Metro Manila
The government may consider lifting the moratorium on the establishment of economic zones based in Metro Manila in order to spur more economic activity and growth for the entire country, a local official said......»»
Negros Island Region creation to move government service closer to people
Negros Island Region creation to move government service closer to people.....»»
Bangsamoro official demands apology for ‘misappropriation’ of Bangsamoro culture in Sinulog
DAVAO CITY (MindaNews / 13 January) – The head of the Bangsamoro Commission for the Preservation of Cultural Heritage (BCPCH) issued a statement Saturday demanding a public apology from the contingent that presented Bangsamoro traditional dances depicted as Muslim in the Sinulog Festival of Cebu City, an event dedicated to the Santo Nino. BCPCH Commissioner […].....»»
Trabaho Para sa Bayan Act Implementing Rules Now Inked
The Inter-Agency Council Trabaho Para sa Bayan Act (TPB-IAC) officially signed the implementing rules and regulations (IRR) on March 12, 2024, at the NEDA Central Office in Mandaluyong. The Trabaho Para sa Bayan Plan Act or Republic Act 11962 implementing rules was signed by was signed by National Economic and Development Authority (NEDA) Secretary Arsenio […].....»»
Local communities support creation of 8 new BARMM towns
Local executives and two Moro fronts that have separate peace agreements with Malacañang vowed to help secure the April 13, 2024 plebiscite for the creation of eight new Bangsamoro municipalities in Cotabato province......»»
Creation of new 8 BARMM towns in Cotabato province set
All is set for the April 13 plebiscite for the creation of eight Bangsamoro municipalities to cover 63 barangays in Cotabato province as part of efforts to transform component farming and fishery sites as new destinations for investors......»»
Wage hike to cut GDP growth, raise unemployment – NEDA
The proposed legislation for a P100 wage increase for private workers could shave up to 0.5 percentage point off the country’s economic growth and reverse gains ......»»