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Update of 5-yr PH dev’t plan seen released in late 2013

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An update of the Philippine Development Plan 2011-2016 will not be available until late this year instead of the previously planned release in July, according to the National Economic and Development Authority (Neda).

Posted: April 21st, 2013 in Headlines | Read More »

Review of dev’t goals set

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The National Economic and Development Authority (Neda) — with the United Nations and its development arm, the UN Development Program — is now setting its sights farther, as it began on Monday a series of consultations to come up with a framework for the country’s post-2015 anti-poverty goals.

Posted: December 3rd, 2012 in Headlines | Read More »

Aquino, Cabinet approve P113-B worth of infrastructure projects

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President Aquino.  FILE PHOTO

After hours of meeting, President Benigno Aquino III and his Cabinet approved, on Thursday night, 11 infrastructure projects worth more than P100 billion, including a key project connecting the North Luzon Expressway with the Southern Luzon Expressway and the Cavite-Laguna Expressway.

Posted: November 29th, 2012 in Latest Business Stories | Read More »

Philippines sets higher growth targets for 2013, 2014

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Economic Planning Secretary Arsenio Balisacan. INQUIRER FILE PHOTO

MANILA, Philippines—Confident that the economy will surpass the official growth target set for this year, the government has set more bullish growth goals for 2013 and 2014.   Economic Planning Secretary Arsenio Balisacan said the government would aim for the economy to grow by a range of 6 to 7 percent for in 2013, and [...]

Posted: November 29th, 2012 in Latest Business Stories | Read More »

Philippines surprises with 7.1% GDP growth in Q3; more jobs, better incomes seen

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The Coastal Road from the Pasay end of Roxas Boulevard to Cavite province is upgraded in this photo taken on May 13, 2012. The Philippines beat expectations in the third quarter with 7.1 percent growth in terms of gross domestic product, ahead of other economies within Association of Southeast Asian Nations.  PHOTO BY RICK ALBERTO

The Philippines beat expectations in the third quarter with 7.1 percent growth in terms of gross domestic product (GDP), ahead of other economies within Association of Southeast Asian Nations. The country’s top economist said this would translate to more jobs and better incomes for Filipinos.

Posted: November 28th, 2012 in Latest Business Stories | Read More »

Philippines to revive body for industrialization plan

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An employee works on a machine inside a newly built product distribution warehouse in Cabuyao, Laguna, in this file photo. A council tasked to help the government craft a national industrialization strategy is set to be revived amid efforts to boost the manufacturing sector's contribution to economic growth.  AFP PHOTO/JES AZNAR

A council tasked to help the government craft a national industrialization strategy is set to be revived amid efforts to boost the manufacturing sector’s contribution to economic growth.

Posted: November 23rd, 2012 in Latest Business Stories | Read More »

Economic growth in H2 seen within gov’t target

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The National Economic and Development Authority (Neda) is confident that economic growth in the second semester will be within the government’s 5- to 6-percent target.

Posted: October 31st, 2012 in Headlines | Read More »

Biz Buzz: ‘Filipinizing’ HSBC

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“The world’s local bank” will live up to its tagline once it names a Filipino executive as its new country manager.

Posted: October 15th, 2012 in Headlines | Read More »

BizBuzz: Life after GMA 7

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As soon as businessman Manuel V. Pangilinan saw that a prospective P52.5-billion deal to take over the “Kapuso” network GMA 7 was crumbling, MVP saw it as God’s sign that he should instead focus on getting his “Kapatid” network TV 5 in good shape, BizBuzz sources said. But how can he plug the P4-billion financial hemorrhage of a challenger to a duopoly?

Posted: October 8th, 2012 in Headlines | Read More »

Neda keeping growth target

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NEDA logo

Economic Planning Secretary Arsenio M. Balisacan said the Philippine economy could still grow as projected, even as economists expressed concern over sluggish global trade and its effects on economic output.

Posted: September 23rd, 2012 in Latest Business Stories | Read More »

As trade sentiment rises, so do imports

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The value of capital goods being shipped in continues to grow, indicating that businesses in the country remain upbeat, according to a top official of the National Economic and Development Authority (Neda).

Posted: September 1st, 2012 in Headlines | Read More »

NEDA to review development plan

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The National Economic and Development Authority (NEDA) will review the Philippine Development Plan (PDP) for 2011-2016 this quarter to align goals with recent economic developments.

Posted: July 11th, 2012 in Headlines | Read More »

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