FEBRUARY 22, 2023 — Following the ratification of the Regional Comprehensive Economic Partnership (RCEP) Agreement, the government is optimistic that the country will reap the benefits and advantages of the mega-trade deal, the National Economic and Development Authority (NEDA) said. “With the country’s participation to RCEP, the Philippines has now further strengthened its position as an continue reading : RCEP STRENGTHENS PH POSITION AS ASEAN INVESTMENT HUB – NEDA
SAFE OPENING OF THE ECONOMY, CONNECTIVITY, AND LOGISTICS REFORMS NEEDED TO BOOST PH TRADE SECTOR – NEDA
December 10, 2020 The government will be prioritizing the safe opening of the economy, as well as connectivity and logistics reforms to bring down cost and improve competitiveness of the trade sector amid the COVID-19 pandemic, the National Economic and Development Authority said. The Philippine Statistics Authority reported today that the country’s merchandise trade continue reading : SAFE OPENING OF THE ECONOMY, CONNECTIVITY, AND LOGISTICS REFORMS NEEDED TO BOOST PH TRADE SECTOR – NEDA
GRADUAL REOPENING, STRICT HEALTH PROTOCOLS, STRUCTURAL REFORMS, KEY TO REVIVING PH TRADE
November 5, 2020 The significant improvement in the country’s trade performance in September 2020 suggests that the country’s approach to gradually reopen the economy, along with the strict observance of health protocols, puts us on the right track towards economic recovery, the National Economic and Development Authority said. The Philippine Statistics Authority reported yesterday that the country’s merchandise continue reading : GRADUAL REOPENING, STRICT HEALTH PROTOCOLS, STRUCTURAL REFORMS, KEY TO REVIVING PH TRADE
GRADUAL AND CALIBRATED RE-OPENING, STRUCTURAL REFORMS NEEDED FOR PH TRADE RECOVERY – NEDA
October 10, 2020 Gradual and calibrated re-opening of the economy, as well as regulatory reforms and technological innovations, are needed for the country’s trade and overall economic recovery, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority reported that the country’s merchandise trade performance registered a sharp contraction of 21 percent in continue reading : GRADUAL AND CALIBRATED RE-OPENING, STRUCTURAL REFORMS NEEDED FOR PH TRADE RECOVERY – NEDA
NEDA SEES PH TRADE RECOVERY
July 14, 2020 Trade growth is expected to gain momentum in the coming months as quarantine measures ease, the National Economic and Development Authority said. The Philippine Statistics Authority reported last July 10 that the country’s total merchandise trade registered a slower decline of 38.7 percent in May 2020, after a steep 59.5 percent decline continue reading : NEDA SEES PH TRADE RECOVERY
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
STRUCTURAL, LOGISTICS REFORMS NEEDED FOR PH TRADE RECOVERY – NEDA
June 10, 2020 Structural and logistics reforms are necessary to support ongoing government efforts in ensuring a quick rebound of the country’s trade sector, the National Economic and Development Authority said. The Philippine Statistics Authority reported today that the country’s total merchandise trade contracted by 59.8 percent, reaching USD 6.1 billion in April 2020, its continue reading : STRUCTURAL, LOGISTICS REFORMS NEEDED FOR PH TRADE RECOVERY – NEDA
PH TRADE DROPS IN MARCH 2020 DUE TO COVID-19 RESTRICTIONS – NEDA
May 06, 2020 The COVID-19 pandemic around the world and the resulting restrictions in production supply chains and global trade flow led to the decline in Philippine trade in March 2020. The Philippine Statistics Authority reported today that the country’s total merchandise trade dropped to US$11.44 billion – its lowest level in two years. This continue reading : PH TRADE DROPS IN MARCH 2020 DUE TO COVID-19 RESTRICTIONS – NEDA
NEDA URGES INTENSIFYING EFFORTS TO BOOST PH TRADE SECTOR
April 8, 2020 As the country continues to grapple with the impact of the coronavirus (COVID-19) pandemic, the National Economic and Development Authority said the government must intensify trade sector reforms for the economy to overcome the challenges of a huge global economic slowdown. The Philippine Statistics Authority reported today that the country’s total merchandise continue reading : NEDA URGES INTENSIFYING EFFORTS TO BOOST PH TRADE SECTOR
NEDA URGES STREAMLINING OF PROCESSES TO FACILITATE TRADE AMID COVID-19
March 11, 2020 To ensure a quick rebound of the country’s external sector, the government should implement measures that streamline processes to facilitate trade amid the coronavirus (COVID-19) outbreak, the National Economic and Development Authority said. The Philippine Statistics Authority reported that the country’s total merchandise trade grew by 4.1 percent, reaching USD15.1 billion in January 2020. January’s trade continue reading : NEDA URGES STREAMLINING OF PROCESSES TO FACILITATE TRADE AMID COVID-19
GOV’T SHOULD STEP UP TRADE EFFORTS AMID HEALTH AND CLIMATE THREATS – NEDA
February 11, 2020 The Philippine government should step up its efforts against downside risks brought by health- and climate-related hazards that can affect the trade sector, the National Economic and Development Authority (NEDA) said. The Philippine Statistics Authority (PSA) reported today that the country’s total merchandise trade picked up by 2.4 percent in December 2019, continue reading : GOV’T SHOULD STEP UP TRADE EFFORTS AMID HEALTH AND CLIMATE THREATS – NEDA
NEDA URGES MORE USE OF ALTERNATIVE ENERGY SOURCES IN PH AMID SLOW GLOBAL TRADE RECOVERY
January 10, 2020 Diversifying and managing the use of energy sources in the Philippines should be further strengthened to avoid potential supply shocks amid a slow recovery of global trade, the National Economic and Development Authority (NEDA) said. This statement is in line with today’s report of the Philippines Statistics Authority (PSA) that total merchandise continue reading : NEDA URGES MORE USE OF ALTERNATIVE ENERGY SOURCES IN PH AMID SLOW GLOBAL TRADE RECOVERY
NEDA URGES IMPROVING EXPORT MARKET STRATEGIES TO BOLSTER PH TRADE PERFORMANCE
December 10, 2019 Exploring alternative production strategies, participating in international trade fairs, and implementing consistent branding strategies are needed to increase the presence of Philippine products in the global market, the National Economic and Development Authority said. The Philippine Statistics Authority (PSA) reported that the country’s total trade in October 2019 reached US$15.9 billion from continue reading : NEDA URGES IMPROVING EXPORT MARKET STRATEGIES TO BOLSTER PH TRADE PERFORMANCE
EXPORT ‘BRIGHT SPOTS’, IMPROVED GOV’T INFRA SPENDING TO LIFT PH TRADE GROWTH
November 6, 2019 Government should take advantage of recovering exports to selected markets while also sustaining the improvement of infrastructure to uplift the trade sector, the National Economic and Development Authority said. The Philippine Statistics Authority (PSA) reported that the country’s total trade in September 2019 declined by 7.5 percent, as both imports and exports continue reading : EXPORT ‘BRIGHT SPOTS’, IMPROVED GOV’T INFRA SPENDING TO LIFT PH TRADE GROWTH
NEDA URGES REDOUBLING EFFORTS TO BOOST EXPORT PRODUCTS
NEDA URGES REDOUBLING EFFORTS TO BOOST EXPORT PRODUCTS HASTEN LEGISLATIVE REFORMS, DEEPEN RELATIONS WITH TRADE PARTNERS, AGENCY SAYS October 10, 2019 The government should redouble efforts to support export products where the country has comparative advantage so the trade sector recovers and picks up more steam, the National Economic and Development Authority said. The Philippine continue reading : NEDA URGES REDOUBLING EFFORTS TO BOOST EXPORT PRODUCTS
