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MANILA, Philippines — More economists are urging greater importation in view of expensive food that jacked up the inflation rate to a two-year high of 4.2 percent year-on-year in January. “Our priority right now is to ensure…
A quote I once saw in a motivational poster struck me and stuck with me all through the years: “Think not of what could go wrong or why it won’t work; think of how to make it…
MANILA, Philippines — Megawide Construction Corp. and its partner, GMR Infrastructure, the world’s fourth largest airport operator, have complied with the equity requirement set by the National Economic Development Authority (NEDA) for their proposal to rehabilitate the…
CEBU CITY—Central Visayas has lost $713 million, or about P35.5 billion, in tourism revenue from foreign arrivals due to quarantine restrictions and border closures brought about by the coronavirus disease pandemic. Efren Carreon, regional director of the…
CEBU CITY, Philippines — The Regional Development Council in Central Visayas has approved and endorsed the region’s recovery plan from the impacts of the coronavirus pandemic and the subsequent lockdown which will focus on sectors involving health,…
MANILA, Philippines — With the government expecting to spend trillions more than it earns over the next two years, the country’s economic managers are studying ways to raise more funds, including getting their hands in our digital…
CEBU CITY, Philippines — The Cebu Chamber of Commerce and Industry (CCCI) welcomed the plans of the national government to reduce corporate income tax starting June. In a statement signed by its president, Felix Taguiam, the CCCI…
MANILA, Philippines — The government has begun consultations with civil society and private sector stakeholders in drafting a responsive and sustainable recovery plan for the novel coronavirus crisis. In his seventh weekly report to Congress, President Rodrigo…
CEBU CITY, Philippines—The country’s merchandise trade registered a decline in March due to the coronavirus disease 2019 pandemic and the resulting restrictions in production supply chains and global trade flow. This was revealed by the National Economic…
CEBU CITY, Philippines—Amid the country’s fight against the coronavirus disease 2019 (Covid-19) pandemic, the National Economic and Development Authority (NEDA) said the government should prioritize support for the production of essential goods and personal protective equipment. The…
CEBU CITY, Philippines—Coordination and comprehensive planning is the right way to address the adverse impact of the Coronavirus Disease 2019 (Covid-19) outbreak, according to the National Economic and Development Authority (NEDA). “This public health emergency brought about…
CEBU CITY—The National Economic and Development Authority (NEDA) has suggested the implementation of mitigating measures to address the adverse effects of COVID-19 outbreak on the country’s economy. Concerns over coronavirus disease 2019 (COVID-19) affecting tourism and travel…
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