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Government to address price hikes – NEDA
The government is stepping up efforts to address price increases in basic commodities such as rice following a recent survey indicating that Filipinos are dissatisfied with efforts to manage inflation, according to the National Economic and Development Authority......»»
E-motorcyles likely included in review of tax breaks – NEDA
The executive order modifying the tariff rates for electric vehicles will be up for review next week, with the possible inclusion of e-motorcycles in the list of vehicles that benefits from tax breaks......»»
NEDA welcomes award of NAIA PPP
The award of the contract for the P170.6-billion project to rehabilitate the Ninoy Aquino International Airport highlights the emphasis of the Marcos administration in providing world-class air transportation infrastructure to achieve the government’s economic transformation agenda, according to the National Economic and Development Authority......»»
NEDA: Further reforms needed in telco industry
The National Economic and Development Authority is pushing for the passage of an open access framework bill and key reforms in the country’s franchising and licensing regime to further promote competition in the telco sector......»»
Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles
The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»
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.....»»
Philippines education to benefit from Cha-cha – NEDA chief
The country’s higher education system will greatly benefit from the easing of economic provisions of the Constitution, allowing the entry of renowned schools in the country, according to Socio-economic Planning Secretary Arsenio Balisacan......»»
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.....»»
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......»»
What to expect from Sec. Ralph Recto leadership at DOF
Former senator, former NEDA Secretary, congressman, and deputy speaker until this week, and now Secretary of the Department of Finance (DOF), Ralph Recto has a colorful and multiple experience in both the Legislative and Executive branches of the government......»»
Avani 10th as Chinese Taipei s Chun-Wei wins Women s Amateur Asia-Pacific
Pattaya [Thailand], February 4 (ANI): Avani Prashanth, India's only player in the world's Top-50 finished tied for tenth place as the Women's Amateur Asia-Pacific (WAAP) championship came to an end. She carded 1-under 71, her four successive under par round. Put alongside 68-69-71 she totalled 9-under 279. India's other player to make the cut, Saanvi Somu (73) finished tied 48th in her debut appearance at the event, where.....»»
Avani 10th as Chinese Taipei s Chun-Wei wins Women s Amateur Asia-Pacific
Pattaya [Thailand], February 4 (ANI): Avani Prashanth, India's only player in the world's Top-50 finished tied for tenth place as the Women's Amateur Asia-Pacific (WAAP) championship came to an end. She carded 1-under 71, her four successive under par round. Put alongside 68-69-71 she totalled 9-under 279. India's other player to make the cut, Saanvi Somu (73) finished tied 48th in her debut appearance at the event, where.....»»
Several corps placed on suspension notice for reporting failures
The PSE [link] notified four high-profile companies that their shares would be suspended at 9 AM today if 2023 Annual Reports were not posted......»»
PLDT completes P2 billion investment in Radius
PLDT Inc. has placed a P2 billion investment in a unit of a sister company, marking another expansion for the telco leader working on solidifying its industry dominance......»»
Choco Mucho s elusive win over Creamline comes at crucial point
After 13 tries, the Flying Titans were able to get their first victory in franchise history over the Cool Smashers in dramatic fashion, ending the drought with an extended fifth set win, which also placed them firmly in contention for a semis seat......»»
Pawikan installation encourages La Union beachgoers to throw trash responsibly
Visitors to the surf town, however, will find that there is an eye-catching geometric art installation made of bamboo placed in front of Urbiz Garden in Urbiztondo, San Juan Beach, that will encourage them to throw their trash responsibly......»»
Three Identical Strangers: What if you bumped into a lookalike on the street?
Streaming on Netflix is the documentary Three Identical Strangers, the story of triplets placed in three different homes by an adoption agency purportedly because no one else wanted to adopt triplets......»»
Batangas drug haul only P9.68 billion
A final inventory of shabu seized at a police checkpoint in Alitagtag, Batangas on Monday was placed at 1.4 tons with an estimated street value of P9.68 billion......»»
Alerts raised on Visayas, Luzon grids due to power woes
MANILA, Philippines — The Visayas grid was placed on yellow alert while the Luzon grid on red alert by the National Grid Corp. of the Philippines (NGCP) on Tuesday, April 16. This was after 42 power plants either stopped supplying electricity or reduced their output. When power supply is insufficient to meet consumer demand then.....»»
DOH expecting shortage on pertussis vaccines
A shortage of pertussis or whooping cough vaccines is expected next month and an order for additional doses will be placed, according to the Department of Health......»»