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  • 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...

  • October 2014 employment figures reveal better quality jobs generated, unemployment lowest in 10 years – NEDA

    MANILA — Significant gains were registered by the country’s labor market as employment figures for October 2014 revealed that better quality jobs were generated and unemployment dropped to its lowest in 10 years, according to the National Economic and Development Authority (NEDA). This statement came after the Philippine Statistics Authority (PSA) released the results of the Labor Force Survey (LFS) for October 2014. The survey showed that the number of employed Filipinos increased by 2.8 percent to reach 38.8...

  • MANUFACTURING AND AGRO-BASED SECTORS KEEP PH EXPORTS AFLOAT IN OCTOBER 2014, Government to remain watchful over growth prospects of major trading partners

    MANILA— Philippine merchandise exports grew by 2.9 percent as higher export earnings from manufactures and total agro-based commodities counterpoised weaker sales of minerals, petroleum, and forest products, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority (PSA) reported today that the value of merchandise exports grew to US$5.2 billion during the period, from US$5.0 billion a year ago. For the first ten months of 2014, total export revenues reached US$51.8 billion, up by 9.2 percent...

  • Keynote Message of Sec. Balisacan for the Symposium on APEC 2015 Priorities – Informal Senior Officials’ Meeting (ISOM)

    KEYNOTE MESSAGE ARSENIO M. BALISACAN Socioeconomic Planning Secretary and NEDA Director-General for the Symposium on APEC 2015 Priorities – Informal Senior Officials’ Meeting (ISOM) Shangri-La Hotel, Makati City 8 December 2014 Good morning, ladies and gentlemen. Let me also extend my warm greetings to all the APEC delegates to this Symposium. Taking off from last week’s APEC 2015 Philippines National Launch led by President Benigno Aquino III, let me reaffirm this country’s commitment to our unified goal of building...