September 10, 2020 MANILA – The country’s merchandise trade performance continued to show signs of recovery in July 2020, the National Economic and Development Authority said. The Philippine Statistics Authority reported today that the country’s total merchandise trade growth remained in negative territory at -18.6 percent in July 2020 against the same period last year. On continue reading : PH TRADE CONTINUES TO SHOW SIGNS OF RECOVERY IN JULY 2020
Statement on the Performance of the Philippine Economy in the Second Quarter of 2019
STATEMENT ERNESTO M. PERNIA, PhD Socioeconomic Planning Secretary Press Conference on the Performance of the Philippine Economy in the Second Quarter of 2019 August 08, 2019; 10:00 am Hampton Conference Hall, Second Floor, Astoria Plaza, Pasig City Our Partners from the Philippine Statistics Authority, Colleagues in government, Friends from the media, Ladies and continue reading : Statement on the Performance of the Philippine Economy in the Second Quarter of 2019
PH TRADE SEEN TO RECOVER IN SECOND HALF OF 2019 – NEDA
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
STATEMENT OF THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY ON JUNE 2019 INFLATION
July 5, 2019 Inflation in June 2019 eased to its slowest pace in 22 months, but we still need to caution against upside risks, including weather-related shocks and uncertainties in the global oil market. The Philippine Statistics Authority reported today that the country’s headline inflation declined to 2.7 percent in June 2019 mainly due to continue reading : STATEMENT OF THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY ON JUNE 2019 INFLATION
GOV’T ON TRACK WITH NATIONAL ID IMPLEMENTATION
March 15, 2019 The roll out of the National ID is on schedule with mass registration expected next year, the National Economic and Development Authority said following the approval of the Philippine Identification System (PhilSys) Implementation Plan. The Implementation Plan, which the PhilSys Policy and Coordination Council adopted late February, details the four phases of continue reading : GOV’T ON TRACK WITH NATIONAL ID IMPLEMENTATION
PH MANUFACTURING SUSTAINS GROWTH FOR 11TH MONTH IN 2018
January 4, 2019 Manufacturing output sustained its growth and marked its eleventh consecutive month in positive territory in November 2018, the National Economic and Development Authority said. The Monthly Integrated Survey of Selected Industries (MISSI) of the Philippine Statistics Authority today reported that manufacturing’s Volume of Production Index (VoPI) rose by 1.0 percent while its continue reading : PH MANUFACTURING SUSTAINS GROWTH FOR 11TH MONTH IN 2018
UNDEREMPLOYMENT DROPS TO LOWEST IN OVER A DECADE
December 5, 2018 The country’s underemployment rate fell to its lowest in over a decade, indicating the improvement of the quality of work nationwide, the National Economic and Development Authority said. Based on the October round of the Labor Force Survey (LFS) of the Philippine Statistics Authority, underemployment rate dropped to 13.3 percent in October continue reading : UNDEREMPLOYMENT DROPS TO LOWEST IN OVER A DECADE
NEDA LAUDS PH NEW POVERTY INDICATOR
November 22, 2018 MANILA—The Philippines’ new poverty index that complements the existing income-based poverty measurement, will help improve the design of development programs of the government, the National Economic and Development Authority (NEDA) said. “We congratulate the Philippine Statistics Authority (PSA) for developing the multi-dimensional poverty statistics and releasing the results last week. This will continue reading : NEDA LAUDS PH NEW POVERTY INDICATOR
RFINL TO DRIVE UP MANUFACTURING SECTOR – NEDA
The National Economic and Development Authority expects that the implementation of the recently approved 11th Regular Foreign Investment Negative List (RFINL) will further grease manufacturing activity in the country over the medium term. The Philippine Statistics Authority reported a Volume of Production Index (VoPI) reading of 4.0 percent and 3.7 percent for Value of Production Index (VaPI) continue reading : RFINL TO DRIVE UP MANUFACTURING SECTOR – NEDA
EXPORTS SUSTAIN GROWTH FOR THIRD STRAIGHT MONTH BUT SUPPORT FOR EMERGING EXPORT SECTORS NEEDED – NEDA
Amid global challenges, government must continue supporting key and emerging export sectors to maintain the country’s trade growth, the National Economic and Development Authority said. The Philippine Statistics Authority reported that the country’s total trade grew for the fifth consecutive month in August 2018 by 7.8 percent, reaching USD15.8 billion. Imports and exports grew by continue reading : EXPORTS SUSTAIN GROWTH FOR THIRD STRAIGHT MONTH BUT SUPPORT FOR EMERGING EXPORT SECTORS NEEDED – NEDA
EXPORTS RECOVER, TRADE CONTINUES GROWTH IN JULY 2018
September 11, 2018 MANILA – Trade grew for a fourth consecutive month in July 2018, the fastest since January 2018, the National Economic and Development Authority said. The Philippine Statistics Authority reported that the country’s total trade grew by 17.5 percent, reaching USD15.2 billion in July 2018. This growth was buoyed by a hefty increase continue reading : EXPORTS RECOVER, TRADE CONTINUES GROWTH IN JULY 2018
NEDA CALLS FOR AGRI REFORM TO LOWER FOOD PRICES
September 5, 2018 MANILA— A committed effort from agencies in the agriculture sector to boost output and introduce policy reform is needed to bring down prices of agricultural products, the National Economic and Development Authority said. The Philippine Statistics Authority (PSA) reported that overall price levels spiked by 6.4 percent year-on-year in August 2018, a continue reading : NEDA CALLS FOR AGRI REFORM TO LOWER FOOD PRICES
GOV’T READY AS PH ID SYSTEM LAW TAKES EFFECT
August 24, 2018 MANILA—Concerned government agencies, together with the Philippine Statistics Authority (PSA) as the primary implementing agency, are ready to enforce the Philippine Identification System (PhilSys) Act, starting off with the crafting of its implementing rules and regulations (IRR). The PhilSys Act or Republic Act No. 11055, which creates a central identification platform for all citizens continue reading : GOV’T READY AS PH ID SYSTEM LAW TAKES EFFECT
EASE OF DOING BUSINESS SEEN TO DRIVE SUSTAINED CONFIDENCE IN MANUFACTURING
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
INFRA BOOSTS EMPLOYMENT FOR APRIL 2018
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
