STATEMENT OF ACTING SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA AT THE #ASKNEDA MEDIA BRIEFING | July 10, 2020

#ASKNEDA MEDIA BRIEFING  STATEMENT OF ACTING SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA July 10, 2020 | 10:30AM Colleagues in government, friends from the media, fellow Filipinos, a pleasant morning to all of you. Welcome to another #AskNEDA Media Briefing, where we will be discussing recent economic developments and our digital readiness in the new continue reading : STATEMENT OF ACTING SOCIOECONOMIC PLANNING SECRETARY KARL KENDRICK T. CHUA AT THE #ASKNEDA MEDIA BRIEFING | July 10, 2020

PRIORITY SUPPORT FOR ESSENTIAL GOODS PRODUCTION A MUST – NEDA

April 7, 2020 The government needs to prioritize support for the production of essential goods and personal protective equipment during the country’s fight against the coronavirus disease (COVID-19), the National Economic and Development Authority said. The Philippine Statistics Authority today reported in its Monthly Integrated Survey of Selected Industries (MISSI) that the total manufacturing index continue reading : PRIORITY SUPPORT FOR ESSENTIAL GOODS PRODUCTION A MUST – NEDA

MARKET SAFEGUARDS NEEDED AS COVID-19 CONCERNS POSE RISKS TO FACTORY OUTPUT – NEDA

March 5, 2020 Concerns over coronavirus disease (COVID-2019) affecting tourism and travel activities in the country could dampen production of consumer-related manufactures such as food and beverages, the National Economic and Development Authority said. The Philippine Statistics Authority reported in its Monthly Integrated Survey of Selected Industries (MISSI) that the total manufacturing index declined in continue reading : MARKET SAFEGUARDS NEEDED AS COVID-19 CONCERNS POSE RISKS TO FACTORY OUTPUT – NEDA

NEDA: DIGITAL SOLUTIONS CRUCIAL TO SPUR MANUFACTURING GROWTH  

February 05, 2020 The government should continue supporting initiatives towards digital solutions in the private sector to boost manufacturing growth and bounce back from its decline in 2019, the National Economic and Development Authority said. The Philippine Statistics Authority reported in its Monthly Integrated Survey of Selected Industries (MISSI) that the total manufacturing index declined continue reading : NEDA: DIGITAL SOLUTIONS CRUCIAL TO SPUR MANUFACTURING GROWTH  

NEDA CALLS FOR INDUSTRIAL POLICY PROPELLED BY INNOVATION

January 7, 2020 An industrial policy propelled by innovation is needed to drive the country’s manufacturing growth amid the bleak near-term outlook of the sector, the National Economic and Development Authority (NEDA) said. While majority of the manufacturing subsectors grew in production volume and value, the total manufacturing index posted negative growth in November 2019, continue reading : NEDA CALLS FOR INDUSTRIAL POLICY PROPELLED BY INNOVATION

VALIDITY EXTENSION, TIMELY PASSAGE OF 2020 BUDGET NEEDED TO DRIVE MANUFACTURING GROWTH – NEDA

December 5, 2019 The extension in the validity of the 2019 national budget and the timely passage of the 2020 General Appropriations Act (GAA) are needed to sustain the implementation of construction-related activities and help drive growth in the manufacturing sector, the National Economic and Development Authority said. The Philippine Statistics Authority reported that the continue reading : VALIDITY EXTENSION, TIMELY PASSAGE OF 2020 BUDGET NEEDED TO DRIVE MANUFACTURING GROWTH – NEDA

HOLIDAY SEASON, FAVORABLE MACROECONOMIC CONDITIONS SEEN TO DRIVE Q4 FACTORY GROWTH – NEDA

November 5, 2019 The upcoming holiday season and strong macroeconomic conditions are seen to contribute to the improved performance the manufacturing sector for the last quarter of 2019, the National Economic and Development Authority said. Despite total manufacturing index recording negative growth in September 2019 as stated in the Philippine Statistics Authority’s Monthly Integrated Survey continue reading : HOLIDAY SEASON, FAVORABLE MACROECONOMIC CONDITIONS SEEN TO DRIVE Q4 FACTORY GROWTH – NEDA

DIGITAL SOLUTIONS, COMPLETION OF INFRA PROJECTS TO REVIVE FACTORY OUTPUT — NEDA

October 4, 2019 A speedy implementation of infrastructure projects is seen to help sustain demand for construction-related manufactures towards the end of the year, the National Economic and Development Authority said. In the Philippine Statistics Authority’s Monthly Integrated Survey of Selected Industries for August 2019, the Volume of Production Index (VoPI) was down by 9.3 continue reading : DIGITAL SOLUTIONS, COMPLETION OF INFRA PROJECTS TO REVIVE FACTORY OUTPUT — NEDA

IMPROVED BUSINESS ENVIRONMENT NEEDED FOR MANUFACTURING GROWTH -NEDA

August 6, 2019 MANILA – The National Economic and Development Authority said today that efforts to improve the business environment should be ramped up to help manufacturing growth from its declining trend in 2019. The Philippine Statistics Authority (PSA), in its Monthly Integrated Survey of Selected Industries (MISSI), reported that total manufacturing index contracted for continue reading : IMPROVED BUSINESS ENVIRONMENT NEEDED FOR MANUFACTURING GROWTH -NEDA

NEDA: STRONG WHOLE-OF-GOV’T APPROACH NEEDED TO LIFT MANUFACTURING GROWTH

June 4, 2019 A strong whole-of-government approach is necessary to boost manufacturing growth amid the sector’s sluggish performance, the National Economic and Development Authority (NEDA) said. Results of the Philippine Statistics Authority’s (PSA) Monthly Integrated Survey of Selected Industries (MISSI) for the month of April showed that the Volume of Production Index (VoPI) fell by continue reading : NEDA: STRONG WHOLE-OF-GOV’T APPROACH NEEDED TO LIFT MANUFACTURING GROWTH