News

PH to be upper-middle income country in 2019, Pernia says

ABS-CBN News
Posted at Sep 18 10:52 PM

The World Bank defines upper-middle income countries as having a per capita income of $3,896 to $12,055.  Read more »

Ex-NEDA chief flags ‘alarming’ trade deficit

ABS-CBN News
Posted at Sep 11 11:33 PM

Economic managers have long argued that the peso's weakness is beneficial to exporters, but with the latest trade numbers showing lackluster export growth, experts are urging government to boost the local agriculture sector.  Read more »

OPINION: Will White House whammies inspire closet patriots in Malacanang?

Buddy Gomez -- Cyberbuddy
Posted at Sep 10 04:22 AM

A double whammy, both blistering and bomb-blasting, just hit the White House! Currently battering Donald Trump, the American president is sent into utter discombobulation.  Read more »

Economic cluster to implement immediate measures to address food inflation

ABS-CBN News
Posted at Sep 05 07:47 PM

The NFA agreed to "immediately release" 4.6 million available sacks of rice from its warehouse to the market to augment supply, while 2.7 million sacks will be allocated to Zamboanga, Basilan, Sulu and Tawi-Tawi to address the reported shortage, the statement said.  Read more »

How much will federalism cost?

ABS-CBN News
Posted at Aug 31 10:58 PM

Government officials are still working on reconciling the projected cost of shifting to a federal form of goverment. Pia Gutierrez has that story.   Read more »

Economic managers approve MRT-3 rehabilitation

ABS-CBN News
Posted at Aug 17 01:06 AM

The country's economic managers have given the go signal to start the rehabilitation of the Metro Rail Transit Line 3.  Read more »

Progress of 'Build, Build, Build' program too slow, critics say

ABS-CBN News
Posted at Jul 26 11:58 PM

Critics of the Duterte administration's "Build, Build, Build" program said it is too slow.  Read more »

'Walang forever': Economic managers nix everlasting tax perks

ABS-CBN News
Posted at Jul 24 09:46 PM

Philippine economic managers on Tuesday again called for reforms in the granting of fiscal incentives to businesses, saying the government gave away billions of pesos in 2015 alone because of tax breaks and other perks.  Read more »

Nakabubuhay na sahod, 'di abot' ng mga manggagawa

ABS-CBN News
Posted at Jul 18 09:09 PM

Wala pa sa kalahati umano ng mga manggagawang Pilipino ang nakatatanggap ng nakabubuhay na sahod, ayon sa pag-aaral ng ilang grupo.    Read more »

Inflation nitong Hunyo, pinakamataas sa loob ng 5 taon

ABS-CBN News
Posted at Jul 05 11:54 PM

Ang naitalang pagtaas sa presyo ng pagkain ay pinakamalaki naman sa loob ng halos apat na taon. Read more »

Pernia says quicker June inflation 'unwelcome news', bats for rice tariffs

ABS-CBN News
Posted at Jul 05 07:30 PM

One of the Philippines' economic managers said on Thursday the 5.2 percent inflation seen in June was unwelcome news but said he expects it to normalize by the end of the year. Read more »

P42,000 monthly budget, sapat ba sa isang pamilya?

ABS-CBN News
Posted at Jun 08 10:22 PM

Mismong si Socioeconomic Planning Secretary Ernesto Pernia ang naglinaw at sinabing "halimbawa" lamang ang tantiyang P10,000 monthly budget para sa pamilyang may 5 miyembro. Read more »

OPINION/SATIRE: Happiness on ten thousand pesos a month

Alan Robles -- HOT MANILA
Posted at Jun 08 08:56 PM

Greetings crybabies! It is I, Dr. Maghirap Kayo, the government's top economic planner. Read more »

With P42,000 monthly budget, a family of 5 can live above poverty line: Pernia

Jess Fenol, ABS-CBN News
Updated as of Jun 08 06:12 PM

Socioeconomic planning secretary Ernesto Pernia on Friday said "it will be good" for an average Filipino family of 5 to have two working members taking home P21,000 a month each or a total of P42,000, to live above the poverty line. Read more »

Is P10,000 monthly enough for a family of 5?

ABS-CBN News
Posted at Jun 07 12:16 AM

The National Economic Development Authority (NEDA) gets flak for supposedly saying a P10,000 monthly income is enough for a family of five.  Read more »

P10,000 buwanang budget: Kailan sumasapat, kailan kinukulang

ABS-CBN News
Posted at Jun 06 10:24 PM

Sapat ba para sa isang pamilya ang P10,000 sa isang buwan? Samantala, nilinaw naman ng NEDA na halimbawa lamang ang P10,000 buwanang budget para ipakita ang epekto ng inflation. Read more »

NEDA vows to fast-track welfare perks amid inflation concerns

ABS-CBN News
Posted at Jun 06 08:25 PM

The National Economic and Development Authority (NEDA) on Wednesday said it will continue to push for programs to help the poor amid rising inflation in recent months.  Read more »

Gov't economic managers dared: 'Try living on a P10K monthly budget'

ABS-CBN News
Posted at Jun 06 02:49 PM

A party-list lawmaker on Wednesday dared the government's economic managers to live on 10,000 pesos a month after a NEDA official said Filipinos earning that much are not considered poor.  Read more »

Presyo ng bilihin, walang-awat ang pagtaas nitong Mayo

ABS-CBN News
Updated as of Jun 06 01:16 AM

Ito ay itinuturing na pinakamataas na antas sa mahigit limang taon. Read more »

Displaced Marawi residents still dependent on aid from gov't, private sector

ABS-CBN News
Posted at May 22 01:09 AM

Hundreds of thousands of residents displaced by the Marawi conflict still depend on aid from the government and private sector.  Read more »