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NEDA reports accelerated spending of ODA loans in 2017

SPENDING of official development assistance (ODA) loans sped up in 2017, the National Economic and Development Authority (NEDA) said. In a statement on Thursday, July...

Palace reiterates federalism won’t hurt the economy

Malacañang on Wednesday, July 18, maintained that the country's shift to federalism would have no adverse impact on the economy. But Socioeconomic Planning Secretary Ernesto...

NEDA bullish on project completion

THE GOVERNMENT now expects to complete nearly half of its 75 flagship infrastructure projects by the time President Rodrigo R. Duterte ends his six-year term due to efforts to address bottlenecks in approval, funding and implementation, the National Economic and Development Authority (NEDA) said in a briefing on Wednesday.

Vibrant than ever

Comprising the provinces of Aurora, Bataan, Bulacan, Nueva Ecija, Pampanga, Tarlac, and Zambales, Central Luzon plays a huge role in the Philippine economy. It...

NEDA directs DoTr to submit ‘robust evidence’ vs Cebu BRT

THE DEPARTMENT of Transportation (DoTr) has until June 30 to submit more evidence supporting its recommendation to cancel the bus rapid transit (BRT) project in Cebu City.

Proposed rehab projects for Marawi to cost around P55 billion —...

NATIONAL Economic Development Authority (NEDA) Undersecretary Adoracion M. Navarro reported close to 900 programs, projects and activities (PPA) have been proposed under the Bangon...

NEDA-6 head defends statement on Boracay closure impact

NATIONAL ECONOMIC and Development Authority-Western Visayas (NEDA-6) Regional Director Ro-Ann A. Bacal has defended her statements on the impact of Boracay’s temporary closure to...

DoT counters NEDA: Boracay closure won’t necessarily slow down Western Visayas...

THE WESTERN Visayas office of the Department of Tourism (DoT-6) disagrees with its National Economic and Development Authority (NEDA) counterpart in the assessment that...

SMC’s Bulacan airport proposal among projects approved by government

THE NATIONAL Economic and Development (NEDA) Board gave the go signal to 20 projects during its meeting on Wednesday, April 25, including large-scale projects...

NEDA: Six-month closure of Boracay to cost P1.96 billion

THE CLOSURE and rehabilitation of Boracay is seen to cost the economy some P1.96 billion in six months, the National Economic and Development Authority...

Boracay temporary closure to cost PHL economy nearly P2 billion —...

THE CLOSURE and rehabilitation of Boracay is seen to cost the economy some P1.96 billion in six months, the National Economic and Development Authority...

Eight bridge construction projects near final approval

EIGHT bridge construction projects are advancing in the government's project approval process, the Department of Finance (DoF) said. "We will also look to build a...

Gov’t targets 2018 OK for all major projects

THE CURRENT ADMINISTRATION hopes to get the green light for all its flagship infrastructure projects by yearend -- as it approaches the midpoint of...

NEDA-ICC approves flood-control, bridge construction projects

A CABINET-LEVEL committee approved the construction of flood control projects and bridges, as well as the financing program for small agriculture enterprises, the National...

Subway expected to reduce economic cost of traffic — JICA

By Melissa Luz T. Lopez, Senior Reporter CONSTRUCTION of the Philippines’ first subway line is expected to start later this year, with authorities hoping to...

BSP keeps watch as inflation spikes

By Mark T. Amoguis Researcher with Melissa Luz T. Lopez Senior Reporter THE OVERALL INCREASE in prices of widely used goods and services surged in January by its...

NEDA lists rice-growing areas expected to be competitive under tariff scheme

THE National Economic Development Authority (NEDA) said it expects 39 rice-growing areas to remain competitive on a cost basis when rice moves to a...

Economic expansion in Q2 faster than initially estimated — PSA

THE PHILIPPINE ECONOMY in the second quarter grew at a faster pace than previously reported, the Philippine Statistics Authority (PSA) said a day before...

Group on infrastructure hurdles formed

THE GOVERNMENT has formed an interagency group “to address bottlenecks and gaps in the country’s infrastructure development,” the National Economic and Development Authority (NEDA)...

NEDA sees Marawi siege’s end raising confidence

THE NATIONAL Economic and Development Authority (NEDA) expects a further pick-up in business and consumer confidence in Mindanao now that the occupation of Marawi...

CCTV, bridge projects, additional budget for Panglao airport elevated to NEDA...

THREE proposals have been elevated for consideration by the National Economic and Development Authority (NEDA) Board – the upgrading of local government video surveillance...

Approval process for infrastructure streamlined at NEDA Board level

ECONOMIC MANAGERS will seek to identify and eliminate redundant approval processes for government projects, in order to fast-track their implementation. “Our goal here is to...

NEDA wants agencies to start consultations on opening up sectors

AS THE GOVERNMENT readies a Foreign Investment Negative List (FINL) that will open more economic activities and sectors to foreign participation, the National Economic...

Negros Occidental’s reintegration into Western Visayas in full swing

MEMBERS OF the Western Visayas Regional Development Council (RDC) met on Friday with Negros Occidental governor, Alfredo G. Marañon, Jr., to discuss programs and...

NEDA batting for more liberal foreign investment negative list

THE HEAD of the government’s economic planning agency said the 11th Foreign Investment Negative List (FINL), which will bring about an “aggressive liberalization” of...

Panay-Guimaras-Negros bridge pre-feasibility study starts

ILOILO CITY — State-owned China Communications Construction Co., Ltd. (CCCC) has started the pre-feasibility study for the P27.156-billion bridge that will link the islands...

NEDA OK’s subway, major roads, bridges

FOUR MORE flagship projects cumulatively worth P386.248 billion, led by the country’s first subway that will run in Metro Manila, under the government’s P8.44-trillion...

Central Visayas dev’t plan eyes growth distribution

THE MEDIUM term Regional Development Plan (RDP) of Central Visayas aims to distribute growth from Metro Cebu to its poorest municipalities through ramping up...

Gov’t auctions to be limited to single rebidding — NEDA

THE GOVERNMENT will only allow a maximum of one rebidding in the procurement process, and will shorten the bidding period in public-private partnership (PPP)...

Pernia sees ‘business as usual’ even with martial law extension

By Elijah Joseph C. Tubayan CAGAYAN DE ORO CITY -- Socioeconomic Planning Secretary Ernesto M. Pernia said he expects Mindanao to go about its business...

LEDAC lists 13 bills as ‘urgent’

By Ian Nicolas P. Cigaral Reporter THE CORE committee of the Legislative-Executive Development Advisory Council (LEDAC) has endorsed 13 bills -- including a tariff on rice...