AS-DELIVERED OPENING REMARKS OF SECRETARY KARL CHUA ON THE SENATE BRIEFING ON THE REGIONAL COMPREHENSIVE PARTNERSHIP AGREEMENT (RCEP)

Opening Remarks Socioeconomic Planning Secretary Karl Kendrick Chua Senate Briefing on the Regional Comprehensive Economic Partnership Agreement (RCEP) MAY 30, 2022 Good morning, Senator Win, Secretary Mon, my colleagues and friends in the Senate and the Executive, and everyone viewing us today to understand better what this RCEP is. First of all, I’m grateful for continue reading : AS-DELIVERED OPENING REMARKS OF SECRETARY KARL CHUA ON THE SENATE BRIEFING ON THE REGIONAL COMPREHENSIVE PARTNERSHIP AGREEMENT (RCEP)

INNOVATION IN BASIC SECTORS TO SERVE AS COUNTRY’S ENGINE FOR GROWTH — NEDA

MANILA — Innovation is needed in the most basic sectors to attain the country’s 2040 vision of eradicating extreme poverty and becoming a high-income country, said the National Economic and Development Authority (NEDA). “The country’s economic performance has exceeded expectations in 2021. We expect to recover to the pre-pandemic level in early 2022. However, as continue reading : INNOVATION IN BASIC SECTORS TO SERVE AS COUNTRY’S ENGINE FOR GROWTH — NEDA

An Assessment of Reform Directions for the PH Sugar Industry

Sugar’s prominent role in Philippine economic history traces back to at least the 19th century. But starting at least two decades ago, some had begun to see it, rightly or wrongly, as a sunset industry. In recent years, the country has found itself importing the commodity, in stark contrast to its history of being a top export earner up until the 1970s, when the bulk of total production was exported to the United States. The days when the US Sugar Quota was a prized privilege to sell at premium prices to a highly subsidized market are long gone. So are the days of the large and powerful sugar barons drawing wealth from ownership of huge tracts of sugar land, which had since been fragmented by the Comprehensive Agrarian Reform Program (CARP) and generational partitioning.

BAYANIHAN 2, INFRA AMONG KEY AREAS IN REVIVING PH ECONOMY 

August 25, 2020 The government is continuously working on programs that will help severely affected sectors to cope with the impacts of the COVID-19 pandemic, the National Economic and Development Authority said.  “We are starting to see a U-turn in the trajectory of economic activity and manufacturing production. While we are not yet in the continue reading : BAYANIHAN 2, INFRA AMONG KEY AREAS IN REVIVING PH ECONOMY 

NEDA URGES INTENSIFIED AGRICULTURAL R&D TO IMPROVE FOOD SECURITY

June 16, 2020 The government needs to intensify its support for agricultural research and development (R&D) programs of public research institutions and state universities and colleges, the National Economic and Development Authority said. “We must emphasize and promote the commercial viability of making healthy, safe, nutritious, medicinal or therapeutic, and well-packaged agricultural food products. The continue reading : NEDA URGES INTENSIFIED AGRICULTURAL R&D TO IMPROVE FOOD SECURITY

SMART POLICY RESPONSES, BETTER COORDINATION AMONG GOV’T AGENCIES NEEDED TO IMPROVE AGRI EMPLOYMENT — NEDA

November 15, 2019 Smart policy responses and better coordination between and among government agencies will help curb employment losses in the agricultural sector, the National Economic and Development Authority said. The results of the study Rural Labor Migration: An Analysis of the Loss of the Labor in the Agriculture Sector in the Philippines, which was continue reading : SMART POLICY RESPONSES, BETTER COORDINATION AMONG GOV’T AGENCIES NEEDED TO IMPROVE AGRI EMPLOYMENT — NEDA