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Mindanao rail phase 1 construction moved to 2021

THE start of the construction of the China-funded Mindanao railway phase 1 has been moved to the first quarter of 2021, with the government yet to decide on a contractor.

2-week MECQ crucial for more sustainable economic recovery – Chua

The government’s move to impose a stricter lockdown for two weeks will ensure a more “sustainable economic recovery” said the top official of the...

NEDA pushing for ‘lowest-possible-price’ Internet service

Economic managers have set their sights on lowering the cost of Internet access in the post-pandemic economy while also seeking to minimize online fraud...

NEDA eyes private sector help with nat’l ID registration

THE National Economic and Development Authority (NEDA) is looking to work with the private sector to speed up the implementation of the national ID system.

Digital infrastructure seen crucial in boosting competitiveness

THE Philippines must improve its digital infrastructure to boost competitiveness while also increasing its resilience to crises like the pandemic, a National Economic and Development Authority (NEDA) official said.

NEDA sees economy normalizing, 75% of companies now operating

THE National Economic and Development Authority (NEDA) said economic activity is heading “towards normalcy” despite expected further setbacks to growth in the second quarter.

NEDA backs more investments in IT infrastructure, cashless processes

THE National Economic and Development Authority (NEDA) said it supports greater investments in the infrastructure supporting e-commerce and cashless transactions, which allowed many businesses and individuals to function during the lockdowns and beyond.

45-day lockdown cost Philippines P1.1T

THE Philippines may have lost P1.1 trillion in potential revenue in the first 45 days of a Luzon-wide lockdown that has since been eased, according to the National Economic and Development Authority (NEDA).

Unemployment rate could hit double digits — NEDA

THE Philippines’ unemployment rate could hit double digits this year, as the coronavirus crisis batters the economy.

NEDA identifying supply chain issues to guide task force

THE National Economic Development Authority (NEDA) is evaluating the performance of supply chains during the pandemic and is hoping its findings will guide decision-makers on potential improvements.

DoLE to need more funds in event of NEDA worst-case 1.8...

The Department of Labor and Employment (DoLE) is gearing up for the worst-case scenario of 1.8 million workers whose job status will be affected...

NEDA ICC-CabCom approves P5.45-B Customs Modernization Project

THE NATIONAL Economic and Development Authority (NEDA) Investment Coordination Committee-Cabinet Committee (ICC-CabCom) approved on Friday the P5.45-billion Philippine Customs Modernization Project to streamline and improve Customs’ revenue-collecting capacity.

LGUs told to equip local workforce for Panay-Guimaras-Negros bridges construction

THE NATIONAL Economic and Development and Authority (NEDA)- Western Visayas regional office has called on local governments to build up a workforce that can be tapped for the anticipated construction of the Panay-Guimaras-Negros interisland bridges.

NEDA considering water measures if low Angat levels continue

THE National Economic Development Authority (NEDA) said it is planning around a water shortage due to low levels at Angat Dam and has not factored in the government’s current dispute with Metro Manila’s two water providers.

NEDA Board approves tycoons’ NAIA rehab proposal

THE National Economic Development Authority (NEDA) Board on Friday approved an unsolicited proposal from the country’s top tycoons to rehabilitate the Ninoy Aquino International Airport (NAIA), as well as five other infrastructure projects and the revised list of infrastructure flagship projects.

NEDA says innovation law ready for implementation next year

THE Philipine Innovation Act will be ready for implementation next year with the National Economic and Development Authority (NEDA) finalizing the law’s implementing rules and regulations (IRR), NEDA’s director-general said.

More PPPs included in Duterte’s infrastructure flagship program

THE government is adding more public-private partnerships (PPP) projects in its list of flagship infrastructure projects, and replacing some big ticket items with “smaller but game-changing” ones, according to the chief of the National Economic and Development Authority (NEDA).

Davao mayor nudges DoF, NEDA on pending projects

DAVAO CITY Mayor Sara Duterte-Carpio has called on national government agencies to get three major projects moving by acting on the review of documents and giving final approval.

NEDA INFRACOM endorses NCR transport infrastructure plan

THE National Economic and Development Authority (NEDA) Board’s Committee on Infrastructure (INFRACOM) has endorsed for approval the second transport infrastructure road map for the capital region.

Jeremiah Belgica to head Anti-Red Tape Authority

PRESIDENT Rodrigo R. Duterte has appointed Jeremiah B. Belgica as director general of the Anti-Red Tape Authority (ARTA), Malacañang said on Friday.

Gov’t issues rice tariff law IRR

THE GOVERNMENT has finally issued the implementing rules and regulations (IRR) for the Rice Tariffication Act, which President Rodrigo R. Duterte signed into law in February.

NEDA submits to Duterte report on sexual harassment complaint

THE National Economic and Development Authority (NEDA) on Wednesday said its report on the sexual harassment complaint filed against one of its officials has been transmitted to President Rodrigo R. Duterte for his action.

Japan still Philippines’ top ODA partner

JAPAN remains the biggest source of foreign funding for the Philippines, the National Economic and Development Authority (NEDA) said on Friday, accounting for nearly half the loan portfolio.

NEDA official downplays inflation impact of election spending

INFLATIONARY PRESSURES from election-related spending in 2019 will likely be muted, the National Economic and Development Authority (NEDA) said.

NEDA ICC-CabCom approves increase in North-South Commuter Railway project cost

THE NATIONAL Economic and Development Authority (NEDA) raised the project cost for the long-haul commuter line of the Philippine National Railways (PNR) by nearly double to buy more trains and build elevated tracks.

Draft IRR out on National Transport Policy

THE National Economic and Development Authority (NEDA) released on Monday the draft implementing rules and regulations (IRR) of the National Transport Policy which aims to modernize the country’s transport network.

NEDA backs state of calamity declaration in typhoon-ravaged areas

THE National Economic Development Authority (NEDA) backed the declaration of a state of calamity in regions affected by typhoon Ompong, as it would allow authorities to impose price ceilings on basic goods to help soften inflation in hard-hit areas.

NEDA proposes five-phase transition for federalism

THE National Economic and Development Authority has proposed a five-phase transition to a federal form of government to avoid disruption to the economy’s growth momentum.

NEDA body endorsing MRT-3 rehab deal to Duterte for approval

USERS of the Metro Rail Transit Line 3 (MRT-3) can expect relatively trouble-free commuting along this railway by 2021, under the timetable of a rehabilitation project that edged closer to final approval late this week.

Senate asked to probe economic implications of shift to federalism

SENATOR Sherwin T. Gatchalian has filed a resolution urging his colleagues to look into the economic implications of the proposed shift to a federal system of government.

Investing in infrastructure: Which areas is the government focusing on?

The government's 2017-2022 Public Investment Program (PIP) contains a rolling list of priority programs and projects that it plans to implement until the end Pres....

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...