NEDA WELCOMES THE ISSUANCE OF THE 12th REGULAR FOREIGN INVESTMENT NEGATIVE LIST

June 28, 2022 – The National Economic and Development Authority (NEDA) welcomes the issuance of Executive Order (EO) No. 175 promulgating the 12th Regular Foreign Investment Negative List (RFINL). On Monday, President Rodrigo R. Duterte issued the 12th RFINL, which provides details on foreign ownership limitations for key areas or activities, through EO No. 175. continue reading : NEDA WELCOMES THE ISSUANCE OF THE 12th REGULAR FOREIGN INVESTMENT NEGATIVE LIST

Public Consultation on the Draft Implementing Rules and Regulations of R.A. No. 11659, otherwise known as the Amendments to the Public Service Act

NOTICE TO THE PUBLIC Public Consultation on the Draft Implementing Rules and Regulations of R.A. No. 11659, otherwise known as the Amendments to the Public Service Act The NEDA Secretariat will conduct its first consultation on June 29, 2022 (Wednesday) at 10:00 AM to solicit comments and recommendations on the draft IRR of the Amendments continue reading : Public Consultation on the Draft Implementing Rules and Regulations of R.A. No. 11659, otherwise known as the Amendments to the Public Service Act

NEDA LAUDS ENACTMENT OF AMENDMENTS TO THE PUBLIC SERVICE ACT

March 22, 2022 – The National Economic and Development Authority (NEDA) lauds the enactment of Republic Act No. 11659 or the amendments to the Public Service Act (PSA), which President Rodrigo Roa Duterte signed into law yesterday. The amendments to the PSA limit the coverage of public utilities and effectively liberalize key public services by continue reading : NEDA LAUDS ENACTMENT OF AMENDMENTS TO THE PUBLIC SERVICE ACT

PH GOV’T PURSUES HOLISTIC LIVESTOCK INDUSTRY DEVELOPMENT TO HELP KEEP PRICES STABLE — NEDA

February 4, 2022 – The Philippine government continues to strengthen its policies to support the livestock industry and reduce food prices, the National Economic and Development Authority (NEDA) said. As reported by the Philippine Statistics Authority (PSA) today, the country’s headline inflation rate continued its downward trend as it further eased to 3.0 percent in continue reading : PH GOV’T PURSUES HOLISTIC LIVESTOCK INDUSTRY DEVELOPMENT TO HELP KEEP PRICES STABLE — NEDA

PH TRADE CONTINUES TO SHOW SIGNS OF RECOVERY IN JULY 2020

September 10, 2020 MANILA – The country’s merchandise trade performance continued to show signs of recovery in July 2020, the National Economic and Development Authority said. The Philippine Statistics Authority reported today that the country’s total merchandise trade growth remained in negative territory at -18.6 percent in July 2020 against the same period last year. On continue reading : PH TRADE CONTINUES TO SHOW SIGNS OF RECOVERY IN JULY 2020

Statement on the Performance of the Philippine Economy in the Second Quarter of 2019

STATEMENT ERNESTO M. PERNIA, PhD Socioeconomic Planning Secretary   Press Conference on the Performance of the Philippine Economy in the Second Quarter of 2019 August 08, 2019; 10:00 am Hampton Conference Hall, Second Floor, Astoria Plaza, Pasig City   Our Partners from the Philippine Statistics Authority, Colleagues in government, Friends from the media, Ladies and continue reading : Statement on the Performance of the Philippine Economy in the Second Quarter of 2019

PH TRADE SEEN TO RECOVER IN SECOND HALF OF 2019 – NEDA

July 11, 2019 MANILA – Despite the Philippines’ recent decline in trade performance, imports and exports of goods are expected to be better in the second half of 2019 due to the country’s economic outlook remaining positive for the year, the National Economic and Development Authority said. The Philippine Statistics Authority (PSA) reported today that continue reading : PH TRADE SEEN TO RECOVER IN SECOND HALF OF 2019 – NEDA

STATEMENT OF THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY ON JUNE 2019 INFLATION

July 5, 2019 Inflation in June 2019 eased to its slowest pace in 22 months, but we still need to caution against upside risks, including weather-related shocks and uncertainties in the global oil market. The Philippine Statistics Authority reported today that the country’s headline inflation declined to 2.7 percent in June 2019 mainly due to continue reading : STATEMENT OF THE NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY ON JUNE 2019 INFLATION

GOV’T ON TRACK WITH NATIONAL ID IMPLEMENTATION

March 15, 2019 The roll out of the National ID is on schedule with mass registration expected next year, the National Economic and Development Authority said following the approval of the Philippine Identification System (PhilSys) Implementation Plan. The Implementation Plan, which the PhilSys Policy and Coordination Council adopted late February, details the four phases of continue reading : GOV’T ON TRACK WITH NATIONAL ID IMPLEMENTATION

PH MANUFACTURING SUSTAINS GROWTH FOR 11TH MONTH IN 2018

January 4, 2019 Manufacturing output sustained its growth and marked its eleventh consecutive month in positive territory in November 2018, the National Economic and Development Authority said. The Monthly Integrated Survey of Selected Industries (MISSI) of the Philippine Statistics Authority today reported that manufacturing’s Volume of Production Index (VoPI) rose by 1.0 percent while its continue reading : PH MANUFACTURING SUSTAINS GROWTH FOR 11TH MONTH IN 2018

UNDEREMPLOYMENT DROPS TO LOWEST IN OVER A DECADE

December 5, 2018 The country’s underemployment rate fell to its lowest in over a decade, indicating the improvement of the quality of work nationwide, the National Economic and Development Authority said. Based on the October round of the Labor Force Survey (LFS) of the Philippine Statistics Authority, underemployment rate dropped to 13.3 percent in October continue reading : UNDEREMPLOYMENT DROPS TO LOWEST IN OVER A DECADE

NEDA LAUDS PH NEW POVERTY INDICATOR

November 22, 2018 MANILA—The Philippines’ new poverty index that complements the existing income-based poverty measurement, will help improve the design of development programs of the government, the National Economic and Development Authority (NEDA) said. “We congratulate the Philippine Statistics Authority (PSA) for developing the multi-dimensional poverty statistics and releasing the results last week. This will continue reading : NEDA LAUDS PH NEW POVERTY INDICATOR

​RFINL TO DRIVE UP MANUFACTURING SECTOR – NEDA

The National Economic and Development Authority expects that the implementation of the recently approved 11th Regular Foreign Investment Negative List (RFINL) will further  grease manufacturing activity in the country over the medium term. The Philippine Statistics Authority reported a Volume of Production Index (VoPI) reading of 4.0 percent and 3.7 percent for Value of Production Index (VaPI) continue reading : ​RFINL TO DRIVE UP MANUFACTURING SECTOR – NEDA

EXPORTS SUSTAIN GROWTH FOR THIRD STRAIGHT MONTH BUT SUPPORT FOR EMERGING EXPORT SECTORS NEEDED – NEDA

Amid global challenges, government must continue supporting key and emerging export sectors to maintain the country’s trade growth, the National Economic and Development Authority said. The Philippine Statistics Authority reported that the country’s total trade grew for the fifth consecutive month in August 2018 by 7.8 percent, reaching USD15.8 billion. Imports and exports grew by continue reading : EXPORTS SUSTAIN GROWTH FOR THIRD STRAIGHT MONTH BUT SUPPORT FOR EMERGING EXPORT SECTORS NEEDED – NEDA

EXPORTS RECOVER, TRADE CONTINUES GROWTH IN JULY 2018

September 11, 2018 MANILA –  Trade grew for a fourth consecutive month in July 2018, the fastest since January 2018, the National Economic and Development Authority said. The Philippine Statistics Authority reported that the country’s total trade grew by 17.5 percent, reaching USD15.2 billion in July 2018. This growth was buoyed by a hefty increase continue reading : EXPORTS RECOVER, TRADE CONTINUES GROWTH IN JULY 2018