“Political, if not graft.” This was how Cebu City Mayor Tomas Osmeña described the decision of the National Economic Development Authority (NEDA) to temporarily halt the implementation of the P16.9 billion Bus Rapid Transit (BRT) project to…
Inflation in June fell to a five-month low of 2.8 percent, such that state planning agency National Economic and Development Authority (Neda) on Wednesday said it expects stable prices until year-end to support economic growth. The latest…
The initial phase of the railway aimed at connecting key cities on Mindanao island will be up for President Rodrigo Duterte’s go-ahead later this month after the National Economic and Development Authority’s Investment Coordination Committee-Cabinet Committee (Neda…
As the Duterte administration pivots to neighboring economic giants such as China and Japan that offer financing for infrastructure projects, the share of foreign borrowings may exceed the government’s medium-term program and reach 30 percent of the…
The Philippine Reclamation Authority (PRA) and the Naga city government has entered into a Memorandum of Understanding (MOU) for the proposed 146-hectare reclamation project in the city. Under the MOU, the Naga city government assures that they…
Exporters urged to move to sustain gains of sector’s strong January 2017 performance Local export leaders are encouraging traders in the industry to to take advantage of the sector’s performance and go on an offensive marketing campaign.…
AFTER their proposal for a P150 minimum wage increase was brought down to the approved P13 wage hike for Central Visayas, the disappointed labor groups in Cebu said they would lobby in Congress for the scrapping of…
THE Provincial Planning and Development Office (PPDO) said the proposed construction of greenways in towns and cities, as alternative routes, will help ease traffic congestion in the province particularly in Metro Cebu. During the Regional Development Plan…
17.5-km Cebu-Bohol Friendship Bridge project gets Neda Board’s nod If plans don’t miscarry, travel to Cebu from Bohol or even as far as Leyte and Negros Oriental on the western side of Cebu will just be one…
CEBU Gov. Hilario Davide III thanked the National Economic Development Authority (NEDA) for facilitating the approval of the P9.2 billion international port project in Consolacion town. Davide said the international port project in Consolacion will decongest Cebu…
Government agencies have completed 74 percent of all Yolanda rehabilitation projects in Central Visayas after three years, but an official of the regional National Economic and Development Authority (NEDA-7) said a lot remains to be done. Based…
CEBU Gov. Hilario Davide III is encouraging the National Housing Authority to fast track their housing projects for Super Typhoon Yolanda victims. Davide made the call since three years has passed and the resettlement projects had yet…
