MANILA – The National Economic and Development Authority says that the Philippine government aims to implement measures to strengthen trade ties with the United States, considering upbeat trade performance in 2017. In his presentation to the U.S.-Philippines Society Board of Directors’ Meeting on Monday, Socioeconomic Planning Secretary Ernesto M. Pernia highlighted the intention of the continue reading : NEDA: PH TO STRENGHTEN PH-US TRADE
PH trade growth up in 2016 on strong imports
Philippine merchandise trade in 2016 grew 5.8 percent from 2015, backed by double-digit growth of imports that offset exports decline, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, the full-year 2016 total trade reached US$137.4B, with the 14.2-growth in imports mitigating the 4.4 percent decline continue reading : PH trade growth up in 2016 on strong imports
IMPROVING INDUSTRY COMPETITIVENESS NEEDED TO OVERCOME EXPORTS DECLINE – NEDA
Weak demand from major export markets pulled down exports by 11.4 percent in June 2016, its 15th consecutive month of decline, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that total revenue from Philippine exports fell from US$ 5.4 billion in the previous year to US$4.8 billion in continue reading : IMPROVING INDUSTRY COMPETITIVENESS NEEDED TO OVERCOME EXPORTS DECLINE – NEDA
LAGGING REGIONS NEED TO CATCH UP- NEDA
The consistent concentration of growth from three regions reveal the need to address inequality in the distribution of development within the country, according to the Natnal Economic and Development Authority (NEDA). According to the Philippine Statistics Authority, the National Capital Region (NCR) remains the top contributor to the country’s Gross Domestic Product (GDP) from 2010-2015 continue reading : LAGGING REGIONS NEED TO CATCH UP- NEDA
STRONG DEMAND CONTINUES TO BOOST IMPORTS GROWTH IN MAY 2016
The increase in local demand for capital and consumer goods drove imports growth by 39.3 percent year-on-year in May 2016, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported today that the total payments for imported goods reached US$6.7 billion in May 2016 from US$4.8 billion in the same period. continue reading : STRONG DEMAND CONTINUES TO BOOST IMPORTS GROWTH IN MAY 2016
Statement of Socioeconomic Planning Secretary Ernesto Pernia at the NAST’s 38th Annual Scientific Meeting
STATEMENT Dr. Ernesto Pernia Socioeconomic Planning Secretary and NEDA Director-General 38th Annual Scientific Meeting: Looking Back and Looking Forward Manila Hotel, City of Manila July 14, 2016 To our distinguished members of the National Academy of Science and Technology (NAST); Friends; My colleague in the cabinet; My colleague in the school of economics; National Scientist continue reading : Statement of Socioeconomic Planning Secretary Ernesto Pernia at the NAST’s 38th Annual Scientific Meeting
