RP merchandise trade dropped to its lowest level in March

Irene R. Sino Cruz 05/06/2020

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…

NEDA urges government to prioritize support for production of essential goods

Irene R. Sino Cruz 04/08/2020

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…

NEDA calls for seamless coordination, comprehensive plan to mitigate COVID-19 impact

Irene R. Sino Cruz 03/25/2020

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…

NEDA urges government to implement measures in three phases to mitigate effects of COVID-19

By Irene R. Sino Cruz 03/17/2020

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…

China virus: How heavy the blow on PH economy

Ben O. de Vera, Doris Dumalao-Abadilla 02/08/2020

A prolonged crisis over the novel coronavirus (2019-nCoV) would likely cut up to P133 billion from the country’s P19-trillion economy, the country’s chief economist said on Friday with the property sector already feeling the effects of the…

Walking as traffic solution in downtown Cebu City feasible — NEDA

Rosalie Abatayo 01/22/2020

CEBU CITY, Philippines — Walking in some streets of Cebu City’s downtown areas as a solution to the worsening traffic may soon be implemented. This after  National Economic Development Authority Central Visayas (Neda-7) Director Efren Carreon confirmed…

Dino: President’s statement on skyways, trains ‘support’ LRT, monorail bid for Cebu

Rosalie O. Abatayo 01/20/2020

CEBU CITY, Philippines — A proponent of the Integrated Intermodal Transport System (IITS) for Cebu said the project’s implementation had seen light after President Rodrigo Duterte’s pronouncement on Sunday, January 19, 2020, that the way for Cebu’s…

4th Cebu-Mactan bridge feasibility completed, now up for NEDA approval

Morexette Marie B. Erram 01/16/2020

CEBU CITY, Philippines – Hopes are now up for the realization of a fourth bridge connecting mainland Cebu and Mactan island.  Engineer Nonato Paylado, chief of the Planning and Design Division of the Department of Public Works…

Pernia sees at least 6.6% Q4 GDP growth

Ben O. de Vera - Philippine Daily Inquirer 01/03/2020

The country’s chief economist on Thursday said the economy likely grew at a faster pace in the fourth quarter of last year and that the downscaled growth target of 6-6.5 percent for 2019 was achieved. Socioeconomic Planning…

Cebu City gov’t backs monorail project; Labella assures CCDC endorsement to Neda

Delta Dyrecka Letigio 08/17/2019

CEBU CITY, Philippines — Cebu City Mayor Edgardo Labella expressed his full support to the monorail project, which the Department of Transportation (DOTr) has planned to be the backbone of the Integrated Intermodal Transportation System (IITS) in…

Tourism, economy among major concerns raised at Dagyaw 2019 dialog

Irene R. Sino Cruz 07/09/2019

CEBU CITY, Philippines–Concerns ranging from security to economy were raised by various sectors during the Dagyaw 2019 Dialogue held Tuesday, July 9, at the Cebu Provincial Capitol Social Hall. Dagyaw 2019 refers to the Open Government and…

Carreon, Dino support plan to extend validity of business permits in Cebu City to 2 years

Delta Dyrecka Letigio 06/11/2019

CEBU CITY, Philippines — The Central Visayas director of the National Economic and Development Authority (NEDA-7) has expressed his support on the proposal of Cebu City Mayor-elect Edgardo Labella to extend the validity of business permits issued…

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