Latest News 

  • 1st Jul 15

    ‘Competition Bill to improve PH footing in global economy’ – NEDA

    MANILA — The landmark legislation ‘Fair Competition Act’ will strengthen the foundations for a sustained and inclusive growth in the Philippines, according to the National Economic and Development Authority (NEDA). “The Competition Bill will not only sustain but bolster a rapidly growing Philippine economy. As the bill levels the playing field among businesses, we can expect an increased level of confidence among the international business community, and thus lead to a surge of investments and economic activity, and an...

  • 25th Jun 15

    Capital, consumer goods remain afloat despite decline in total imports in April 2015

    MANILA – Despite the 12.8-percent year-on-year decline in total merchandise imports in April 2015, domestic demand for capital and consumer goods remains strong, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority’s latest report indicates that merchandise imports significantly decreased to US$4.7 billion in April 2015 from US$5.4 billion in April last year. The sharp decline in imported mineral fuels and lubricants (-53.9%), and raw materials and intermediate goods (12.8%) in April 2015 caused the...

  • 11th Jun 15

    NEDA pushes review of laws and regulations that impede investments, growth
    Foreign Investments Act must be reviewed and updated – Balisacan

    MANILA – Ineffective and counter-productive laws and regulations must be repealed to boost the country’s competitiveness and encourage investments, according to the National Economic and Development Authority (NEDA). “Existing regulations that are not responsive towards improving the ease of doing business in the country should be reviewed and amended. Likewise, proposed laws and regulations that impede trade, investment, and economic efficiency should be eliminated,” said Economic Planning Secretary Arsenio M. Balisacan in a position paper submitted in response to...

Latest Publications

Plans and Reports

The Philippine Development Plan 2011-2016 Midterm Update

The PDP Midterm Update realigns the government’s strategies to craft and implement concrete solutions to the country’s problems, and speed up the creation of high quality jobs, reduce poverty and achieve inclusive growth.It specifies indicators of efficiency and effectiveness to measure success, and is committed to quality-of-life targets such as creating the conditions for productive and remunerative work and improving overall well-being. Beyond income poverty, the Plan views poverty as deprivation in multiple dimensions, and thus approaches poverty reduction as also ensuring people’s access to health, education, water, sanitation, and secure shelter, among others. Read more