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GDP growth in 4th quarter seen at 6%

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Hundreds of participants, some wearing Santa hats, join the 10-Kilometer fun run to raise funds for the survivors of Supertyphoon “Yolanda” on Dec. 14, 2013, at Pasay City. The economic slowdown in the fourth quarter of 2013 resulting from Yolanda could be less severe than initially anticipated, with growth during the period now seen to hit at least 6 percent.  AP PHOTO/BULLIT MARQUEZ

The economic slowdown in the fourth quarter of 2013 resulting from Supertyphoon “Yolanda” could be less severe than initially anticipated, with growth during the period now seen to hit at least 6 percent.

Posted: January 14th, 2014 in Editor's Pick,Headlines | Read More »

Better training, internships urged

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MANILA, Philippines—The National Economic and Development Authority (Neda) urged stronger education and internship programs for job-generating sectors. These are agribusiness, manufacturing, tourism, IT-Business Process Outsourcing (BPO), housing, infrastructure and logistics, Neda said in a statement. Socioeconomic Planning Secretary Arsenio M. Balisacan, who is also Neda director-general, said stronger coordination between government agencies and the private […]

Posted: May 20th, 2013 in Latest Business Stories | Read More »

Neda says $3B needed to create 600,000 jobs

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With $3 billion worth of investments needed just to create some 621,000 jobs, government will have to step up its effort to generate employment by addressing the frequent mismatch in skills and developing key business sectors, the National Economic and Development Authority (Neda) said over the weekend.

Posted: February 18th, 2013 in Latest Business Stories | Read More »

Transport sector in danger of missing targets, says Neda

State agencies need to improve coordination and fast-track projects in the transportation sector to meet medium-term targets by 2016, according to the National Economic and Development Authority (Neda).

Posted: January 28th, 2013 in Headlines | Read More »

Neda: PH still hobbled by lack of skilled workers

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The lack of workers with appropriate skills set is still a major challenge for the Philippines and the government must sort out this problem through its education program, the National Economic and Development Authority (Neda) said over the weekend.

Posted: January 13th, 2013 in Latest Business Stories | Read More »

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