September 23, 2018 MANILA—The NEDA Board Committee on Infrastructure or INFRACOM recently approved the third batch of projects for funding under the Project Development and other Related Studies (PDRS) Fund. The third batch of project feasibility studies, with an estimated cost of PhP155 million, include the following: Water Supply Project in Selected LGUs for continue reading : INFRACOM APPROVES THIRD BATCH OF PDRS FUND PROJECTS
KEYNOTE MESSAGE ERNESTO M. PERNIA, PhD Secretary of Socioeconomic Planning 4th Annual Public Policy Conference (APPC) 2018 EDSA Shangri-la, Mandaluyong City 19 September 2018, 09:00 am PIDS President Celia Reyes; Senior Fellows and Fellows, and other Staff of PIDS; Distinguished guests and speakers; Fellow workers in government; Friends from the media; Ladies and gentlemen, good continue reading : Keynote Message of Socioeconomic Planning Secretary Ernesto M. Pernia during the PIDS 4th Annual Public Policy Conference
SPEECH ERNESTO M. PERNIA, PhD Socioeconomic Planning Secretary Philippine Economic Briefing September 18, 2018 | Bangko Sentral ng Pilipinas Assembly Hall Ladies and gentlemen, good afternoon. Allow me to thank the organizers of this event for inviting me today. I find this an excellent opportunity to share with you the exciting growth story of the continue reading : Speech of Socioeconomic Planning Secretary Ernesto M. Pernia during the Philippine Economic Briefing on September 18, 2018
September 18, 2018 MANILA—The National Economic and Development Authority (NEDA) will lead the planning for the rehabilitation of regions devastated by Typhoon Ompong last week. As Vice-chair for Rehabilitation of the National Disaster Risk Reduction and Management Council, NEDA takes the lead in formulating the Rehabilitation and Recovery Program (RRP) for areas struck by continue reading : NEDA READY TO LEAD CRAFTING OF RECOVERY PLAN FOR OMPONG-HIT AREAS
September 13, 2018 MANILA—An Executive Order (EO) that will remove administrative and non-tariff barriers on the importation of food items to temper inflation has been submitted by the Economic Development Cluster (EDC) to the office of the President for implementation starting this month. Recommended to the President before Tuesday’s Cabinet meeting, the EO will zero continue reading : EDC SUBMITS EO TO REMOVE FOOD IMPORTATION BARRIERS TO ADDRESS INFLATION
September 05, 2018 The Philippine Statistics Authority (PSA) reported that the headline inflation rate accelerated to 6.4 percent year-on-year (YOY) in August 2018, faster than the previous month’s 5.7 percent and the 2.6 percent of the same period last year. This brings the year-to-date inflation to 4.8 percent, beyond the upper-band of the government’s continue reading : JOINT STATEMENT OF THE ECONOMIC DEVELOPMENT CLUSTER ON AUGUST 2018 INFLATION
September 05, 2018 MANILA – The country’s labor force continued to grow, recording increased employment and lower unemployment in July 2018, the National Economic and Development Authority said. The Labor Force Survey (LFS) of the Philippine Statistics Authority showed that employment rate rose to 94.6 percent in July 2018, from 94.4 percent in July 2017. This continue reading : EMPLOYMENT UP, UNEMPLOYMENT DOWN IN JULY 2018
June 21, 2018 The National Economic and Development Authority (NEDA) Board’s Investment Coordination Committee-Cabinet Committee (ICC-CabCom) approved on June 14, 2018, the two-year extension of the loan validity of the Italian assistance to an agrarian reform project. The Department of Agrarian Reform (DAR) proposed that the loan validity of the Italian assistance to its project, continue reading : NEDA ICC-CABCOM OKAYS REVISIONS TO PROJECT LOANS
June 05, 2018 Factory output grew in April as higher commodity prices, strong consumer demand, and a weaker exchange rate encouraged manufacturers to produce more, the National Economic and Development Authority (NEDA) said. The latest Monthly Integrated Survey of Selected Industries (MISSI) of the Philippine Statistics Authority showed a key barometer in measuring the output continue reading : EASE OF DOING BUSINESS SEEN TO DRIVE SUSTAINED CONFIDENCE IN MANUFACTURING
June 05, 2018 Infrastructure build-up from both the public and private sectors has helped boost the number of Filipinos with jobs in April 2018, the National Economic and Development Authority said. The Philippine Statistics Authority’s Labor Force Survey (LFS) for April 2018 showed that employment rate rose to 94.5 percent—or an equivalent of 40.9 million continue reading : INFRA BOOSTS EMPLOYMENT FOR APRIL 2018
April 26, 2018 The National Economic and Development Authority (NEDA) Board approved eight new projects on Wednesday. These include the approval of the Subic-Clark Railway and the Unsolicited Proposal for the Bulacan International Airport, the latter with the NEDA Board also approving the Investment Coordination Committee’s recommended reasonable rate of return and other parameters for continue reading : NEDA BOARD APPROVES SUBIC-CLARK RAILWAY, BULACAN INTERNATIONAL AIRPORT
ERNESTO M. PERNIA Socioeconomic Planning Secretary 37th Philippine-American Academy of Science and Engineering (PAASE) Annual Meeting and Symposium University of Arizona, Tuscon | April 06, 2018 President Robert Robbins, The University of Arizona (UA); Dr. Joel L. Cuello, President of PAASE; Undersecretary Rowena Guevarra, Philippines Department of Science and Technology (DOST); (Representative, TBD) Department of continue reading : SPEECH OF SOCIOECONOMIC PLANNING SECRETARY ERNESTO PERNIA DURING THE PAASE ANNUAL MEETING & SYMPOSIUM 2018
December 5, 2017 Lower food prices slowed inflation in November 2017 following four consecutive months of acceleration, the National Economic and Development Authority (NEDA) said. Based on a report of NEDA-attached agency Philippine Statistics Authority (PSA), headline inflation rate for November reached 3.3 percent, lower than 3.5 percent recorded the previous month. “Inflation during the continue reading : INFLATION DOWN IN NOVEMBER 2017
November 7, 2017 The National Economic and Development Authority (NEDA) leads the country in celebrating the annual Economic and Financial Literacy Week (EFLW) from November 6 to 10, recognizing the importance of economic and financial education in a growing economy. With this year’s theme “O Kita Mo Na: ‘Pag May Alam sa Ekonomiya at Pinansya, continue reading : ECONOMY, MONEY TOPICS DOMINATE ECONOMIC AND FINANCIAL LITERACY WEEK
November 2, 2017 The National Economic and Development Authority (NEDA) on Thursday cited the government’s efforts to fast-track reforms to further enhance the ease of doing business in the country. Socioeconomic Planning Secretary Ernesto M. Pernia assured businesses that the government is working hard to institute reforms and help improve the business climate in the continue reading : NEDA: GOV’T PUSHING FOR ‘SINGLE WINDOW’ TO EASE DOING BUSINESS IN PH
