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  • Message of NEDA Deputy Director-General Rolando Tungpalan at the Launching of the EU-PH Development Cooperation Report 2015

    MESSAGE Deputy Director-General Rolando G. Tungpalan Signing of the Covering Note of the EU Multi Annual Indicative Programme 2014-2020 and the Launching of the 2nd Edition of the Joint- EU Member States Publication on EU Development Assistance to the Philippines Shangri-La Hotel Makati 13 January 2015 His Excellency Ambassador Guy Ledoux, the Honorable Ambassadors of the European Union Member States, development partners, my colleagues in government, members of the press, guests, ladies and gentlemen, good morning. On behalf of...

  • PH is highest exports performer for the third time among East, Southeast Asian economies in Nov 2014

    MANILA—Philippine merchandise exports grew by 19.7 percent in November, which for the third time in 2014 placed the Philippines as the highest export performer among East and Southeast Asian economies, according to the National Economic and Development Authority (NEDA). “This strong performance of the exports sector during the period was largely driven by growth in manufactures, agro-based, and mineral products. An increased demand for Philippine-made products by Taiwan, China and the United States of America (USA) likewise boosted this...

  • Gov’t reaches full-year inflation target for 2014
    Petroleum, electricity price cutbacks slow down inflation anew in December 2014

    MANILA – Cutbacks in the prices of petroleum and electricity with lower increases in the price of most food items brought headline inflation down to 2.7 percent in December 2014 from 3.7 percent in the previous month, according to the National Economic and Development Authority (NEDA). This is the fourth consecutive month that headline inflation slowed down, which pulled average inflation for full-year 2014 to 4.1 percent. Thus, the government stayed within its inflation target of 3.0 to 5.0...

  • Imports growth rebounds in October 2014

    MANILA – Double-digit increases in the importation of consumer goods and mineral fuels and lubricants drove imports growth back to positive territory in October 2014, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total Philippine imports grew by 7.5 percent to US$5.2 billion in October 2014 from US$4.8 billion in October 2013. This shows a significant rebound from a 1.2-percent contraction in September 2014 and an 8.2-percent decrease in October 2013....

  • Statement of Secretary Balisacan at the 2014 Year-end Press Briefing

    STATEMENT ARSENIO M. BALISACAN Economic Planning Secretary and NEDA Director-General 2014 YEAR-END MEDIA BRIEFING 17 December 2014, 1:30 PM NEDA Executive Lounge, Pasig City To our friends from the media, colleagues in government, ladies and gentlemen, good afternoon. On behalf of NEDA, I would like to thank you all for taking time to join us today as we conclude another year of milestones and challenges. Considering our constant battle with climate-related disasters, along with the uncertainties in the global...