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Foreign investment cap flagged as key roadblock in Philippines

Warren de Guzman, ABS-CBN News
Posted at Jan 23 10:17 PM

Philippine Economic Managers led by Finance Secretary Ben Diokno pitched the Philippines as a prime investment destination before prospective investors in Germany. Read more »

PH gov't eyes fostering inclusive economic growth: NEDA

ABS-CBN News
Updated as of Jan 09 01:41 PM

The newly released Philippine Economy Development Plan aims to foster growth that's inclusive and will benefit every Filipino, National Economic and Development Authority Secretary Arsenio Balisacan said on Monday. Read more »

Chinese businessmen eye 'substantial' investments in PH: NEDA

ABS-CBN News
Posted at Jan 09 11:18 AM

Some Chinese businessmen are interested in placing "substantial" investments in the Philippines, NEDA Secretary Arsenio Balisacan said. Read more »

More Public-Private Partnership projects eyed in 2023

Job Manahan, ABS-CBN News
Posted at Dec 28 02:38 PM

The Philippine government aims to focus on public-private partnerships for infrastructure and local projects next year, Malacañang said on Wednesday. Read more »

NEDA chief says 2022 GDP growth may exceed target

ABS-CBN News
Posted at Dec 19 11:09 PM

The Philippine government’s chief economist said the Marcos Jr. administration may exceed the government’s growth target this year. Read more »

PH economy can exceed gov't target in 2022: NEDA

Jekki Pascual, ABS-CBN News
Updated as of Dec 19 04:16 PM

The Philippine economy can exceed the government's 6.5 to 7.5 percent target range this year, Socioeconomic Planning Secretary Arsenio Balisacan said. Read more »

NEDA chief: 'Appropriate' time to create Maharlika fund

Anjo Bagaoisan, ABS-CBN News
Posted at Dec 18 09:08 PM

Socioeconomic planning chief Sec. Arsenio Balisacan on Saturday expressed his support for creating the Maharlika Investment Fund. Read more »

Pagpapalawig sa mababang taripa sa agri products OK kay Marcos

ABS-CBN News
Posted at Dec 18 08:24 PM

Inaprubahan ng pangulo ang rekomendasyon na palawigin hanggang katapusan ng 2023 ang pinababang taripa sa ilang agricultural products. Read more »

Marcos Jr. OKs extending lower tariffs on pork, rice, corn, coal

Katrina Domingo, ABS-CBN News
Updated as of Dec 19 09:38 AM

President Ferdinand Marcos Jr. has approved a recommendation extending the temporary reduction of tariffs on several goods to 'temper inflation.' Read more »

NEDA backs EO extending lower tariffs on pork, rice, corn, coal

Anjo Bagaoisan, ABS-CBN News
Posted at Dec 17 09:32 PM

The board of the National Economic and Development Authority (NEDA) has endorsed to President Ferdinand Marcos Jr. on Friday an executive order to extend lower tariffs currently imposed on imported commodities such as pork, corn, rice, and coal, Sec. Arsenio Balisacan said Saturday. Read more »

Mass transit must be prioritized to solve NCR traffic woes: NEDA chief

Anjo Bagaoisan, ABS-CBN News
Posted at Dec 17 07:12 PM

While vehicular traffic is an offshoot of economic growth, government must address the problem by improving mass transportation and developing areas outside of the capital, socio-economic planning head Sec. Arsenio Balisacan said on Saturday. Read more »

NEDA: Marcos OKs P11-B fishery program as fish catch declines

ABS-CBN News
Posted at Nov 24 04:23 PM

The Palace said the FishCoRe project aims to address the problems in the fishery sector, such as 'declining fish catch, high post-harvest losses, and high poverty incidence among fisherfolk.' Read more »

NEDA endorses to Marcos tariff modification on e-vehicles

Job Manahan, ABS-CBN News
Updated as of Nov 24 04:44 PM

Socioeconomic Planning Secretary Arsenio Balisacan said this would help in the growth of the sector and make these vehicles more accessible to Filipinos. Read more »

PH poverty incidence to dip to 9 pct in 2028: Palace

Katrina Domingo, ABS-CBN News
Posted at Nov 15 02:01 PM

The Philippines’ socioeconomic officials said they are confident that poverty level in the country can be brought down to 9 percent in the next 6 years. Read more »

2023 budget ng DOF, NEDA aprubado na ng Senate plenary

Johnson Manabat, ABS-CBN News
Posted at Nov 10 12:01 AM

Aprubado na sa plenaryo ng Senado ang panukalang budget ng Department of Finance at ng National Economic and Development Authority. Read more »

Senator questions statistics bureau, says data may be 'wrong'

Jauhn Etienne Villaruel, ABS-CBN News
Posted at Nov 09 06:54 PM

Senator Francis Tolentino on Wednesday said he doubts the PSA's data and methods following its report on the state of unemployment in the country. Read more »

Mga nasa 'middle class bracket' umaaray na rin sa mahal ng bilihin

ABS-CBN News
Posted at Nov 06 07:19 PM

Nanlulumo na rin pati ang mga nasa tinatawag na 'middle class bracket' sa pagsirit ng presyo ng bilihin dahil sa mataas na inflation rate. Read more »

NEDA: Marcos managing inflation amid poverty survey

Job Manahan, ABS-CBN News
Posted at Oct 22 04:49 PM

Socioeconomic Planning Secretary Arsenio Balisacan said the slight increase in self-rated poverty is 'expected, given the acceleration of inflation.' Read more »

Marcos: Taming inflation is number 1 priority

Katrina Domingo and Pia Gutierrez, ABS-CBN News
Posted at Oct 18 05:02 PM

Taming inflation remains the number one priority of the administration’s economic team, Marcos said as the country grapples with rising food and fuel costs. Read more »

NEDA eyes new strategies for achieving Ambisyon 2040

Wena Cos, ABS-CBN News
Updated as of Oct 05 09:33 PM

NEDA said it will adjust its strategies for Ambisyon 2040 after the pandemic set back the development plan created back in 2015. Read more »