News

NEDA eyes approval of 18 more infra projects this year

Vivienne Gulla, ABS-CBN News
Updated as of Jul 07 09:47 AM

The National Economic and Development Authority on Thursday said it was eyeing the approval of 18 more big infrastructure projects before the year ends. Read more »

More Duterte 'build build build' projects approved

Reuters
Posted at Jun 28 04:54 PM

A government panel led by President Rodrigo Duterte has approved 305.64 billion pesos ($6.05 billion) worth of infrastructure projects aimed at spurring one of Asia's fastest growing economies. Read more »

NEDA Board approves Malolos-Clark railway project

ABS-CBN News
Posted at Jun 28 04:25 PM

As the Duterte administration marks its first year the National Economic and Development Authority (NEDA) Board led by President Duterte has approved the Malolos-Clark Railway Project. Read more »

NEDA set to approve subway, other infra projects next week

Vivienne Gulla, ABS-CBN News
Posted at Jun 20 06:37 PM

Nine flagship infrastructure projects, including the proposed subway for Metro Manila, are up for approval next Tuesday by the National Economic and Development Authority board led by President Rodrigo Duterte. Read more »

Economy remains stable despite crisis in Mindanao

ABS-CBN News
Posted at May 27 03:03 PM

MANILA – The economic impact of the crisis in Mindanao would depend on how the government would handle the situation in Marawi City, the National Economic and Development Authority (NEDA) said Saturday. Read more »

Skyway Stage 3 construction

Jonathan Cellona,ABS-CBN News
Posted at May 18 09:00 PM

A laborer works on a portion of the Skyway Stage 3 project that runs through Araneta Avenue in Quezon City on Thursday. The National Economic and Development Authority (NEDA) emphasized the importance of long-term economic planning approach by the government to ensure continuity of different development projects. Read more »

PH rejection of EU aid not a policy: Pernia

ABS-CBN News
Posted at May 18 11:46 AM

Socioeconomic Planning Secretary Ernesto Pernia on Thursday downplayed the decision of the Philippine government to reject billions of pesos in foreign aid from the European Union. Read more »

Romancing China under DU30: '$24-B' not yet a cinch

Malou Mangahas and Karol Ilagan, Philippine Center for Investigative Journalism
Posted at May 08 02:17 PM

The Philippine Center for Investigative Journalism's (PCIJ) latest offering is a two-part story on the promises and pitfalls of the multibillion-dollar infrastructure and other business deals that the administration of President Rodrigo R. Duterte has reportedly secured -- but have yet to roll out and deploy -- courtesy of concessional and tied loans that had been pledged by China. Read more »

Inflation up in March due to higher electricity, gas prices

ABS-CBN News
Posted at Apr 05 07:21 PM

The National Economic and Development Authority (NEDA) said the uptick in inflation last month was due to higher prices of electricity, gas and other fuels.  Read more »

NEDA conducts disaster drill

Jonathan Cellona, ABS-CBN News
Posted at Mar 30 11:22 PM

Disaster rescue trainers coach an employee on how to escape from a building through rappelling, during a disaster drill at the National Economic and Development Authority (NEDA) building in Pasig City on Thursday. Read more »

Japan gives P340-M aid for Mindanao power cooperatives

ABS-CBN News
Posted at Mar 30 05:48 PM

The Japan International Cooperation Agency (JICA) is giving the Philippines P340 million in aid to support electric cooperatives in Mindanao's conflict-ridden areas, according to a government statement. Read more »

NEDA thumbs down creation of Benham Rise Dev't Authority

ABS-CBN News
Updated as of Mar 29 03:21 PM

There is no need to create a separate government agency to supervise research and development in the Benham Rise, the National Economic and Development Authority (NEDA) said Wednesday. Read more »

Pernia, Dominguez warn mine closure order will cost jobs

Agence France-Presse
Posted at Feb 05 08:54 PM

Environment Secretary Gina Lopez's move to close some two dozen mines sparked concern Sunday among two of her colleagues, who said it could hit the economy and employment. Read more »

Compensation package ng SSS execs, sisilipin ng NEDA

ABS-CBN News
Updated as of Jul 10 03:49 PM

Tinitignan na ng NEDA kung paano makakatipid ang SSS sa mga gastusin at makatulong para punan ang dagdag sa pensyon.  Read more »

Duterte presses Supreme Court on Reproductive Health law

ABS-CBN News
Updated as of Jan 11 06:12 PM

MANILA - President Rodrigo Duterte has signed an executive order (EO) calling for the implementation of provisions of the Reproductive Health (RH) law that were not stopped temporarily by the Supreme Court, officials said Wednesday. Read more »

Duterte tax plan gets ex-finance, NEDA chiefs' backing

ABS-CBN News
Updated as of Jan 09 03:18 PM

MANILA - Former heads of the Department of Finance (DOF) and the National Economic and Development Authority (NEDA) on Monday expressed support for President Rodrigo Duterte's effort to reform the country's tax system. Read more »

Philippines says 2016 growth of 6.5-7 pct 'quite safe'

Neil Jerome Morales, Reuters
Posted at Dec 15 06:37 PM

MANILA - Economic growth in the Philippines should be in the upper part of the government's target range and might possibly top 7 percent, the economic planning agency said on Thursday. Read more »

Bomb threats disrupt work at govt agencies

Kimberly Jane Tan, ABS-CBN News
Updated as of Nov 09 01:34 AM

MANILA - Separate bomb threats on Tuesday afternoon disrupted work at several government agencies, after offices received various anonymous warnings. Read more »

'Passion before resurrection' in infrastructure overhaul, public warned

ABS-CBN News
Updated as of Nov 03 04:52 PM

The government appealed for more patience from the public as it embarks on a massive infrastructure overhaul that will require "passion before resurrection," one of President Rodrigo Duterte's economic managers said Thursday. Read more »

PH eyes 'stronger integration' with neighbors

ABS-CBN News
Posted at Oct 21 01:52 AM

MANILA - The Philippines will move strongly towards economic integration with its neighbors in Asia, two Cabinet secretaries said Thursday. Read more »