Keynote Address of Socioeconomic Planning Secretary Ernesto M. Pernia at the Asia Pacific Forum 2017

Keynote Address Dr. Ernesto M. Pernia Socioeconomic Planning Secretary   Asia Pacific Forum 2017 Public Symposium on “Integration and Inclusiveness in a Digital Society” Marco Polo Ortigas, Pasig City November 23, 2017   Mr. Kazumasa Kusaka, Chairman and CEO of the Japan Economic Forum; Dr. Roehlano Briones, Senior Research Fellow of the Philippine Institute for continue reading : Keynote Address of Socioeconomic Planning Secretary Ernesto M. Pernia at the Asia Pacific Forum 2017

Increased infra spending to boost PH economy – NEDA

September 08, 2017 MANILA –  The National Economic and Development Authority (NEDA) said Thursday that the government’s plan of sharply increasing public spending on infrastructure will boost the Philippine economy. At the Second Annual Philippine Energy and Infrastructure Finance Forum in Makati, Socioeconomic Planning Secretary Ernesto M. Pernia said that growth of gross domestic product continue reading : Increased infra spending to boost PH economy – NEDA

NEDA ICC-CABCOM APPROVES METRO MANILA SUBWAY PHASE I, 2 OTHER PROJECTS

The National Economic and Development Authority (NEDA) Board’s Investment Coordination Committee-Cabinet Committee (ICC-CC) approved on Tuesday the Metro Manila Subway Project (MMSP)-Phase I and two other projects. The ICC-CC approved the MMSP I, which will run from Mindanao Avenue in Quezon City and, following the ICC-CC’s directive, will terminate at the Ninoy Aquino International Airport continue reading : NEDA ICC-CABCOM APPROVES METRO MANILA SUBWAY PHASE I, 2 OTHER PROJECTS

Statement of Socioeconomic Planning Secretary Ernesto M. Pernia on the Performance of the Philippine Economy for the Second Quarter of 2017

STATEMENT ERNESTO M. PERNIA Socioeconomic Planning Secretary Press Conference on the Performance of the Philippine Economy for Second Quarter 2017 August 17, 2017; 10:00 am Luxent Hotel, Quezon City   Friends from the media, Colleagues in government, Ladies and gentlemen, Good morning.   With our country growing at 6.5 percent in the second quarter of continue reading : Statement of Socioeconomic Planning Secretary Ernesto M. Pernia on the Performance of the Philippine Economy for the Second Quarter of 2017

NEW MARKETS TO HELP PH TRADE RECOVERY – NEDA

The National Economic and Development Authority urges tapping of new markets for Philippine trade to bounce back from its slight decline in June 2017. NEDA-attached agency Philippine Statistics Authority reported that total trade contracted by 1.2 percent in June 2017, after posting ten months of positive growth since August last year. Despite the contraction, total continue reading : NEW MARKETS TO HELP PH TRADE RECOVERY – NEDA

MANUFACTURING POSTS DOUBLE-DIGIT GROWTH IN FIRST HALF OF 2017

The manufacturing sector grew by an average of 10 percent in the first six months of 2017 due to sustained domestic and improved external demand, according to the National Economic and Development Authority. ​This growth was backed by increased production in food manufacturing, basic metals, transport equipment, fabricated metal products, non-metallic mineral products, and export-oriented continue reading : MANUFACTURING POSTS DOUBLE-DIGIT GROWTH IN FIRST HALF OF 2017

NEDA STATEMENT ON CEBU BRT, LRT-SUBWAY PROJECT PROPOSALS

In light of recent news, the National Economic and Development Authority (NEDA) would like to clarify concerns regarding the Bus Rapid Transit (BRT) and the Light Rail Transit (LRT)-Subway projects in Cebu. NEDA stands firm and impartial in upholding standard practices and appropriate NEDA Board processes for all infrastructure project proposals. To provide context, Secretary continue reading : NEDA STATEMENT ON CEBU BRT, LRT-SUBWAY PROJECT PROPOSALS

IMPROVEMENTS IN EMPLOYMENT MUST BE SUSTAINED TO MEET PDP TARGETS – NEDA

June 9, 2017 The National Economic and Development Authority (NEDA) stressed that sustaining employment figures, while improving related services, is crucial to meeting the government’s key targets in the Philippine Development Plan 2017-2022. In particular, the decreasing unemployment rate must be sustained together with higher job creation to reduce unemployment to around 3 percent by continue reading : IMPROVEMENTS IN EMPLOYMENT MUST BE SUSTAINED TO MEET PDP TARGETS – NEDA

Opening Remarks of Socioeconomic Planning Secretary at the Aksyon Para Sa Ambisyon: Philippine Development Plan Expo

OPENING REMARKS ERNESTO M. PERNIA Socioeconomic Planning Secretary AKSYON PARA SA AMBISYON: Philippine Development Plan Expo SMX Convention Center, Pasay City June 2, 2017   Fellow workers and friends from the government and the private sector, development partners, ladies and gentlemen, good afternoon. Welcome to Aksyon para sa AmBisyon. In November last year, we were continue reading : Opening Remarks of Socioeconomic Planning Secretary at the Aksyon Para Sa Ambisyon: Philippine Development Plan Expo

MANUFACTURING GROWS STRONGER IN FEBRUARY 2017

The manufacturing sector grew stronger in February 2017 due to the upsurge in production of petroleum products, food, basic metals, and transport equipment, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority’s Monthly Integrated Survey of Selected Industries (MISSI) reports that the Volume of Production Index (VoPI) for manufacturing grew by continue reading : MANUFACTURING GROWS STRONGER IN FEBRUARY 2017

NEDA UNDERSCORES IMPORTANCE OF NATURAL CAPITAL ACCOUNTING IN SUSTAINABLE DEVELOPMENT

With the government aiming for sustained economic growth of 7 to 8 percent in the medium term, there is a need to pay attention to the country’s natural resources and how they are used and managed, according to the National Economic and Development Authority (NEDA). “We want to ensure that our pursuit of economic growth continue reading : NEDA UNDERSCORES IMPORTANCE OF NATURAL CAPITAL ACCOUNTING IN SUSTAINABLE DEVELOPMENT

RECOVERY OF EXPORTS BOOST TRADE IN JANUARY 2017

Total Philippine trade grew by 14.2 percent in January 2017 backed by the surge in export receipts from most of the country’s traditional markets, according to the National Economic and Development Authority (NEDA). Based on a report by the Philippine Statistics Authority, total trade grew to US$12.6 billion in January 2017, with imports growing by continue reading : RECOVERY OF EXPORTS BOOST TRADE IN JANUARY 2017

MANUFACTURING OUTLOOK REMAINS STRONG IN Q1 2017

Increased production of basic metals, transport equipment, petroleum products and food manufactures continued to drive manufacturing output in January 2017, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority’s Monthly Integrated Survey of Selected Industries (MISSI) reports that the Volume of Production Index (VoPI) for manufacturing grew by 9.3 percent in continue reading : MANUFACTURING OUTLOOK REMAINS STRONG IN Q1 2017

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