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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 [...]

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 »

Neda: Philippines set to scale even greater heights

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The National Economic and Development Authority (Neda) is upbeat on the country’s economic prospects in the years ahead, expecting the Philippines to scale even greater heights.

Posted: October 8th, 2012 in Editor's Pick,Headlines | Read More »

NEDA asked to focus on strengthening industry

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The National Economic and Development Authority (NEDA) should look into building a strong industry sector when reviewing the Aquino administration’s economic blueprint, the country director of the Asian Development Bank (ADB) said.

Posted: July 18th, 2012 in Headlines | Read More »

NEDA: PH dev’t, growth targets still feasible

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The Philippines can still attain its 2012 growth target of 5 to 6 percent and improve its medium- to long-term growth potential to 7 to 8 percent per year, according to the new head of the National Economic and Development Authority (NEDA).

Posted: May 17th, 2012 in Headlines | Read More »

Economists paint rosy picture of Philippines in ’12

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Private sector economists believe that inflation will remain within manageable levels this year and the next because of the global economy, which they expect to perform poorly and continue to dampen price pressures in the country.

Posted: February 6th, 2012 in Headlines | Read More »

Philippine exports rose 19.1% to $4.3B in April

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The Philippines’ export receipts grew by 19.1 percent from that of the same month last year, according to data from the National Statistics Office. The “significant” growth in exports was led by manufactured goods, agriculture and mineral products, according to the National Economic and Development Authority (Neda). NSO data showed that export earnings amounted to [...]

Posted: June 11th, 2011 in Headlines | Read More »

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