karl-chua | ABS-CBN News

DBCC narrows 2022 growth forecast, sees higher inflation

ABS-CBN News
Updated as of May 24 08:48 PM

The Philippine economy is seen growing between 7 to 8 percent in 2022, which is narrower than the earlier 7 to 9 percent growth forecast. Read more »

PH 'might not' become upper-middle-income country in 2022: Chua

Jessica Fenol, ABS-CBN News
Posted at May 12 01:23 PM

The Philippines could miss its goal of becoming an upper-middle-income country this year due to various challenges faced including the COVID-19 pandemic. Read more »

4-day work week inirekomenda sa gitna ng oil price hike

ABS-CBN News
Updated as of Mar 16 08:13 PM

Inirekomenda ng NEDA ang pagpapatupad ng 4-day work week sa harap ng sunod-sunod na pagtaas ng presyo ng petrolyo. Read more »

PEZA backs BPO work from home extension until September

ABS-CBN News
Posted at Mar 15 06:21 PM

PEZA said it is appealing an order for BPO workers to return to the office by April, and added that it backs a hybrid work scheme. Read more »

PH to meet growth target despite high oil prices: NEDA

Warren de Guzman, ABS-CBN News
Posted at Mar 15 04:18 PM

Socioeconomic Planning Secretary Karl Kendrick Chua said the country remains "on track" to meet its growth target for the year despite the spike in oil prices. Read more »

Duterte may call Congress special session if Russia-Ukraine war escalates

Job Manahan, ABS-CBN News
Posted at Mar 08 05:12 PM

'Prangka-prangkahan na lang natin ‘yung Congress. This is intended really for the welfare of the people. If you have the time, sit with us and we can discuss it.' Read more »

NEDA: In-person classes to add P12-B weekly to economy

Job Manahan, ABS-CBN News
Posted at Mar 01 10:09 PM

Socioeconomic Planning Secretary Karl Chua said education and in-person classes are among the drivers of the Philippine economy. Read more »

NEDA: Shift to Alert 1 ushers in pandemic recovery

ABS-CBN News
Posted at Mar 01 02:31 AM

The National Economic and Development Authority says it expects the economy to finally start recovering the losses it sustained during the pandemic. Read more »

Next president must know economics: ex-NEDA chief

Jekki Pascual, ABS-CBN News
Updated as of Feb 10 08:20 PM

The next Philippine president must understand economics to steer economic recovery amid the COVID-19 pandemic, a former NEDA chief said. Read more »

Businesses call for 'pandemic exit plan'

Jekki Pascual, ABS-CBN News
Posted at Feb 01 06:11 PM

After adapting to the pandemic, businesses now seek a clearer plan from the government as the country transitions to a world where COVID-19 has become endemic. Read more »

PH economy grows 5.6 percent in 2021, beats forecasts

ABS-CBN News
Updated as of Jan 27 07:40 PM

Philippine GDP grew faster than expected 5.6 percent in 2021 as looser COVID-19 restrictions pushed recovery, with growth at 7.7 percent in the fourth quarter. Read more »

PCCI releases 'wishlist' for remainder of Duterte admin

ABS-CBN News
Posted at Nov 17 04:04 PM

PCCI released on Wednesday its "wish list" of policies for the remaining months of the administration of President Rodrigo Duterte. Read more »

Philippine GDP likely return to pre-pandemic level by 2022

Warren De Guzman, ABS-CBN News
Posted at Nov 09 01:57 PM

The Philippine economy is seen to return to its pre-pandemic level as early as early the first quarter of 2022, NEDA Secretary Karl Chua said Tuesday. Read more »

Economy to gain P3.6B per week if NCR eases to Alert Level 2: NEDA

Bruce Rodriguez, ABS-CBN News
Posted at Oct 28 06:17 PM

The economy could regain billions of pesos and thousands of jobs per week if Metro Manila and other areas are placed under the more relaxed Alert Level 2 restriction, Socioeconomic Planning Secretary Karl Kendrick Chua said Thursday. Read more »

Lack of face-to-face classes impacted economy: NEDA

Art Fuentes, ABS-CBN News
Posted at Oct 13 05:28 PM

Besides the restrictions on business activities, the lack of face-to-face classes also affected the country’s economy, Sec. Karl Chua said. Read more »

Senate panel OKs P14.12 billion NEDA 2022 budget

Robert Mano, ABS-CBN News
Posted at Oct 13 02:52 PM

The Senate sub-committee on Finance on Wednesday approved the proposed 2022 budget of the National Economic and Development Authority pegged at P14.12 billion. Read more »

PH economy to take 10 years to recover from COVID: NEDA

Agence France-Presse
Updated as of Oct 03 12:04 AM

The Philippine economy will take more than a decade to return to pre-pandemic growth, an official said. Read more »

Philippines’ growth for 2021-22 ‘encouraging’: NEDA

ABS-CBN News
Updated as of Sep 08 01:58 PM

The economy's performance this year and next year remains 'encouraging’, Socioeconomic Planning Sec. Karl Chua said on Wednesday. Read more »

PH population overshoots forecast in 2020 but growth rate slows

Warren de Guzman, ABS-CBN News
Posted at Jul 13 05:34 PM

As of May 1 last year, there were over 109 million Filipinos according to the Philippine Statistics Authority; this was higher than the forecast 108 million, according to Socioeconomic Planning Secretary Karl Chua.    Read more »

37.2 million Filipinos register for national ID as of July 2: NEDA

ABS-CBN News
Posted at Jul 09 02:46 PM

The government is on track to meet its target since 37.2 million Filipinos have already registered for the national ID as of July 2, the National Economic Development Authority said Friday. Read more »