PHL reinstitutes infrastructure program in nat'l budget process

April 14, 2016 by · Comments Off on PHL reinstitutes infrastructure program in nat'l budget process 

By Leslie D. Venzon

MANILA, April 13 (PNA) — The National Economic and Development Authority (NEDA) reinstituted a three-year rolling infrastructure program in the national budget process starting 2017 that will ensure continuous funding of infrastructure projects.

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(Yearender) PHL sails through uncertainties; still one of Asia’s fastest-growing major economies

December 27, 2015 by · Comments Off on (Yearender) PHL sails through uncertainties; still one of Asia’s fastest-growing major economies 

By Leslie D. Venzon

MANILA, Dec. 25 (PNA) — The Philippines has cemented its position as one of Asia’s fastest-growing major economies despite uncertainties in 2015, and now appears en route to becoming a member of the upper middle-income countries over the next six years.

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No takers for RDC chairmanship in Western Visayas

September 9, 2015 by · Comments Off on No takers for RDC chairmanship in Western Visayas 

ILOILO CITY, Sept 8 -– Local leaders who are qualified to sit as chairperson of the Regional Development Council (RDC) are not interested in assuming the post, said National Economic and Development Authority (NEDA) Regional Director Ro-Ann Bacal who is now serving as acting chair of the region’s top policy making body.

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NEDA sees robust economic growth in second half

July 16, 2015 by · Comments Off on NEDA sees robust economic growth in second half 

By Leslie D. Venzon

MANILA, July 15 (PNA) — The government expects the Philippine economy to grow stronger in the second half of 2015 after posting a slower growth in the first half, bolstering hope on the attainment of even the low end of 7 to 8-percent growth target this year.

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APEC urged to collaborate on initiatives to open up services markets

February 3, 2015 by · Comments Off on APEC urged to collaborate on initiatives to open up services markets 

By Leslie D. Venzon

MANILA, Feb. 2 (PNA) — The Philippines and other Asia-Pacific Economic Cooperation (APEC) nations need to collaborate on initiatives to facilitate the development of liberalized services markets which are keys to achieving inclusive growth, according to the National Economic and Development Authority (NEDA).

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NEDA cites economic gains from Leyte’s Papal visit

January 21, 2015 by · Comments Off on NEDA cites economic gains from Leyte’s Papal visit 

TACLOBAN CITY, Jan. 21 -– The National Economic Development Authority (NEDA) is counting on the brief visit of Pope Francis in Leyte to fuel the performance Eastern Visayas’ economy slackened by natural calamities.

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PHLs tops 19 countries whose economy will win the oil barrel at USD 40 each

January 12, 2015 by · Comments Off on PHLs tops 19 countries whose economy will win the oil barrel at USD 40 each 

By Juzel L. Danganan

MANILA, Jan. 11 (PNA) — The Philippines has topped 19 countries whose economies will win with the oil barrel, if it drops to record levels of USD 40 each, according to a Fortune article.

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Palay, coconut production in Northern Mindanao increases

January 6, 2015 by · Comments Off on Palay, coconut production in Northern Mindanao increases 

CAGAYAN DE ORO CITY, Jan. 6 — Palay production in Northern Mindanao has grown by 5.79 percent equivalent to 190,930 metric tons during the third quarter of 2014 as compared to the same period in 2013.

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Bill to establish palm oil research, development and extension center

January 3, 2015 by · Comments Off on Bill to establish palm oil research, development and extension center 

MANILA, Jan 2 — A lawmaker has filed a bill establishing the Palm Oil Research, Development and Extension Center that will help improve the palm oil industry in the country.

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