
Philippines gets ‘good deal’ from China under RCEP: Balisacan
The Philippines has secured a “good deal” with China through the Regional Comprehensive Economic Partnership agreement, the country’s socioeconomic planning secretary said.
The Philippines has secured a “good deal” with China through the Regional Comprehensive Economic Partnership agreement, the country’s socioeconomic planning secretary said.
The government must “exercise caution” in interpreting 6.4% GDP growth in the first quarter of 2023 as a slowdown, National Economic and Development Authority said.
Three key government officials were a no-show to a Senate blue ribbon hearing on the alleged “Sugar Fiasco 2.0” due to their travels abroad.
More needs to be done to achieve the 2% to 4% inflation target by end-2023, the National Economic and Development Authority said.
The PH inflation rate has further eased to 6.6% in April 2023 from 7.6% in March 2023, National Economic and Development Authority said.
The country’s inflation rate reflects a decline this year, the National Economic and Development Authority said.
The government is committed to continue addressing the root causes of high food prices, the National Economic and Development Authority assured Wednesday.
The National Economic and Development Authority on Thursday welcomed the drop in the country’s unemployment rate to 4.8 percent in January 2023, down from 6.4 percent in the same period last year.
National Economic and Development Authority (NEDA) Director-General Arsenio Balisacan warned that increasing salaries without accompanying increases in economic activity will be “harmful.”
The National Innovation Council has approved six executive members for 2023 to 2026, National Economic and Development Authority chief Arsenio Balisacan said Tuesday.