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Unemployment seen to decline as trade picks up

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After rising in January, the unemployment rate is expected to drop in the next Labor Force Survey to be conducted in April as businesses recuperate from the effects of recent natural calamities, the National Economic and Development Authority (Neda) said.

Posted: March 17th, 2014 in Headlines | Read More »

Neda updates strategies to generate jobs

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Economic Planning Secretary Arsenio Balisacan: There is need to improve the skill sets of the poorest families. INQUIRER FILE PHOTO

Admitting that economic growth alone was not “sufficient” to reduce poverty, Socioeconomic Planning Secretary Arsenio Balisacan laid down, on Monday, the government’s “updated” strategies to ultimately achieve inclusive growth.

Posted: February 17th, 2014 in Latest Business Stories | Read More »

Gov’t sees better prospects for job seekers

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Growth of the Philippines’ unemployment rate may be greatly reduced this year as the economy’s robust pace of expansion is expected to generate sufficient employment.

Posted: February 2nd, 2014 in Headlines | Read More »

Manufacturers to help drive growth in 2014

The country’s chief economist said rising investments of companies operating in the Philippines would continue to drive growth in 2014, as it had last year, despite lingering uncertainties in the global front.

Posted: January 26th, 2014 in Headlines | Read More »

In reducing poverty, PH needs to balance economy

The government is keen on “rebalancing” the economy over the next three years, playing up the output from investments rather than consumption.

Posted: December 22nd, 2013 in Headlines | Read More »

‘Yolanda’ seen to cause spike in unemployment rate

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The country’s unemployment rate is expected to rise in January as a consequence of the latest calamity, the National Economic and Development Authority said.

Posted: December 22nd, 2013 in Headlines | Read More »

Services seen to drive export growth

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The government’s chief economist is bullish that the Philippines can still achieve its goal of doubling exports to $120 billion by 2016, despite the adverse impact of natural disasters on the country’s export capacity.

Posted: December 15th, 2013 in Headlines | Read More »

Business groups welcome Neda’s new role

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Business groups on Thursday lauded the transfer of authority to approve reclamation projects to the National Economic and Development Authority (Neda). The groups said the move was a prudent response to public apprehension over risks that accompanied such projects.

Posted: December 5th, 2013 in Headlines | Read More »

DTI still not prepared to issue auto roadmap

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The issuance of the much awaited roadmap for the automotive manufacturing sector will be delayed anew as the Department of Trade and Industry has failed to secure the approval of the Cabinet.

Posted: December 1st, 2013 in Headlines | Read More »

Gov’t fears spike in poverty rate

Fearing a spike in the country’s poverty rate due to the devastation wreaked by Supertyphoon “Yolanda,” the government is now focusing its efforts to provide relief and livelihood opportunities to people affected by the calamity.

Posted: December 1st, 2013 in Headlines | Read More »

PH economy expands by 7% in 3rd quarter

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FILE PHOTO

The Philippine economy expanded 7 percent in the third quarter from a year ago on the back of rising investments, household consumption and government spending, making it one of the fastest-growing in Asia.

Posted: November 28th, 2013 in Latest Business Stories | Read More »

PH exports up 4.9% to $5.05B in Sept.

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AFP PHOTO/JAY DIRECTO

The country’s exports in September grew from that of a year ago as global demand for electronics recovered.

Posted: November 13th, 2013 in Editor's Pick,Headlines | Read More »

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