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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…
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…
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…
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…
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…
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…
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