August 6, 2019 MANILA – The National Economic and Development Authority said today that efforts to improve the business environment should be ramped up to help manufacturing growth from its declining trend in 2019. The Philippine Statistics Authority (PSA), in its Monthly Integrated Survey of Selected Industries (MISSI), reported that total manufacturing index contracted for continue reading : IMPROVED BUSINESS ENVIRONMENT NEEDED FOR MANUFACTURING GROWTH -NEDA
The National Economic and Development Authority expects inflation to settle within the government’s target of 2.0 to 4.0 percent this year as it further slides to its slowest rate in 31 months. The Philippine Statistics Authority reported today that the country’s headline inflation eased to 2.4 percent in July 2019, bringing the year-to-date inflation to continue reading : JULY INFLATION SLOWEST IN 31 MONTHS
July 30, 2019 MANILA – The NEDA Board’s National Land Use Committee (NB-NLUC) is calling on Congress to immediately enact the National Land Use Act (NaLUA), as proposed by NLUC, to ensure the sustainable and efficient use of the country’s land and physical resources. In its Special Meeting chaired by Socioeconomic Planning Secretary Ernesto M. continue reading : NATIONAL LAND USE COMMITTEE CALLS FOR IMMEDIATE ENACTMENT OF LAND USE LAW
KEYNOTE REMARKS ERNESTO M. PERNIA, PhD Secretary of Socioeconomic Planning Business Intelligence and Data Analytics Forum and Showcase Australia Awards and Alumni Engagement Program Philippines Multipurpose Hall, Asia-Pacific College, Makati July 26, 2019, 1:00 PM Chairman Ramon Dimacali of the Asia-Pacific College; Professors Emil Bolongaita and Murli Viswanathan; Distinguished guests and resource speakers; Graduating course continue reading : KEYNOTE REMARKS OF SOCIOECONOMIC PLANNING SECRETARY ERNESTO M. PERNIA AT THE BUSINESS INTELLIGENCE AND DATA ANALYTICS FORUM AND SHOWCASE
July 17, 2019 NEW YORK CITY—The National Economic and Development Authority (NEDA) welcomes the passage of the Philippine Innovation Act, which was recently signed into law by President Duterte. “The signing of the Innovation Act is much welcome news. This is a landmark legislation as it is key to building our country’s Science and Technology continue reading : NEDA WELCOMES PASSAGE OF PH INNOVATION ACT
July 15, 2019 MANILA – The National Economic and Development Authority Board’s Investment Coordination Committee-Cabinet Committee (ICC-CabCom) on July 10, 2019, approved changes in two ongoing projects. These include the increase in cost for the Mindanao Railway Project Phase 1-Tagum-Davao-Digos Segment (MRP-TDD), and the implementation extension of the Metro Manila Priority Bridges Seismic Improvement Project. continue reading : ICC-CABCOM OKs COST INCREASES IN MINDANAO RAILWAY AND METRO MANILA BRIDGES
July 11, 2019 MANILA – Despite the Philippines’ recent decline in trade performance, imports and exports of goods are expected to be better in the second half of 2019 due to the country’s economic outlook remaining positive for the year, the National Economic and Development Authority said. The Philippine Statistics Authority (PSA) reported today that continue reading : PH TRADE SEEN TO RECOVER IN SECOND HALF OF 2019 – NEDA
July 05, 2019 MANILA – A stronger push for policies and programs that improve food production and public spending and that capacitate MSMEs is needed to strengthen manufacturing growth, the National Economic and Development Authority said. In its Monthly Integrated Survey of Selected Industries (MISSI), the Philippine Statistics Authority (PSA) reported that the performance of continue reading : ROBUST GOV’T POLICIES NEEDED TO BOLSTER MANUFACTURING GROWTH – NEDA
April 24, 2019 MANILA—The National Economic and Development Authority (NEDA) is encouraging farmers to increase their production of special varieties of rice to respond to the increasing demand in the international market now that restrictions on exports have been repealed. NEDA reminded rice farmers and traders that the recent rice law, or Republic Act 11203, continue reading : TRADERS, FARMERS URGED TO SCALE UP EXPORTS OF SPECIAL RICE VARIETIES
Statement of Honorable Ernesto M. Pernia, Secretary of Socioeconomic Planning, National Economic and Development Authority (NEDA) during the 52nd Session of the Commission on Population and Development in UN Headquarters, New York City, 1-5 April 2019 Mister Chair, The Philippine delegation extends its warmest felicitations to you and members of your bureau for your continue reading : PH Country Statement during the 52nd Session of the Commission on Population and Development
February 5, 2018 We, the economic managers, are glad to report that the country’s inflation rate in January further slowed down to 4.4 percent. This gives us an auspicious start in our efforts this year to keep inflation manageable and bring it back to the government’s target range of 2 to 4 percent for 2019. January’s inflation outturn continue reading : JOINT STATEMENT ON JANUARY 2019 INFLATION BY THE ECONOMIC TEAM (NEDA-DOF-DBM)
January 09, 2019 MANILA—The immediate enactment into law of the rice tariffication bill is fundamental in the government’s efforts to stabilize food prices and overall inflation rate, the National Economic and Development Authority (NEDA) said. Reiterating the urgency of the bill’s signing into law, Socioeconomic Planning Secretary Ernesto M. Pernia said that through rice tariffication continue reading : MORE SOURCES OF CHEAPER RICE WITH RICE TARIFFICATION- NEDA
October 31, 2018 MANILA – The National Economic and Development Authority (NEDA) welcomes President Rodrigo Duterte’s signing of Executive Order No. 65, dated October 29, 2018, promulgating the Eleventh Regular Foreign Investment Negative List (RFINL). “We are very happy to see the 11th RFINL finally approved and signed. This will help raise the country’s competitiveness, and allow continue reading : NEDA WELCOMES SIGNING OF 11TH RFINL
October 23, 2018 MANILA – The government must continually advance investments in research and development, (R&D) and innovation initiatives to foster modern industry and agriculture, the National Economic and Development Authority said. “We must pay greater attention to technology and innovation, human capital, global trade and investment for us to catch up with the current continue reading : R&D, INNOVATION TO RAISE PH ECONOMY’S GROWTH POTENTIAL – NEDA
October 01, 2018 MANILA – Despite the downward adjustments in the growth outlook from the Asian Development Bank (ADB) and Fitch Solutions, Inc., the government remains bullish about the country’s economic prospects. “We understand the concerns of ADB and Fitch, but we remain confident about the strength and stability of the country’s macroeconomic fundamentals,” said continue reading : NEDA STILL BULLISH ON PH GROWTH OUTLOOK
