Category: Media Release

2.      Laguindingan Airport Development, Operations and Maintenance Project Estimated total cost: PhP14.62 billion Proponent: Department of Transportation and Communications Description: The project will improve Laguindingan Airport’s capacity and upgrade its facilities and equipment to...

MANILA – The National Economic and Development Authority (NEDA) Board, during its meeting chaired by President Benigno S. Aquino III, approved seven (7) new infrastructure projects amounting to PhP45.04 billion. The Operation & Maintenance...

MANILA—The National Economic and Development Authority (NEDA) underscored the importance of strengthening the development ties between the Philippines and the United States of America (USA) in the government’s goal of inclusive growth for the...

MANILA – Lower inbound shipments of capital goods pulled down merchandise imports, offsetting year-on-year gains in mineral fuels and lubricants, raw materials and intermediate goods and consumer goods in June 2014, according to the...

Hon. Feliciano Belmonte, Jr., Speaker, House of Representatives Helena Koenig, Head of Unit, South and Southeast Asia, Austrlia, and New Zealand, and Directorate-General for Trade, European Commission Michael Raeuber, President, European Chamber of Commerce...

MANILA – Headline inflation rate in August 2014 settled to 4.9 percent, the same as in July 2014, according to the National Economic and Development Authority (NEDA). Increases in the price of food and...

MANILA – Slower increases in the prices of food, electricity, and petroleum eased inflation to 4.4 percent in September 2014, according to the National Economic and Development Authority (NEDA). “Moderate food inflation, lower electricity...

MANILA – Imports grew by 3.0 percent in April 2014 and is expected to expand in the coming months due to favorable business and consumer outlook, according to the National Economic and Development Authority...

MANILA – Merchandise imports expanded by 9.6 percent to US$5.4 billion in March 2014 from US$5.0 billion in March 2013, according to the National Economic and Development Authority (NEDA). “The robust growth in total...

MANILA – Lower payments for imported mineral fuels and lubricants and capital goods significantly outweighed the sustained growth in imports of raw materials and intermediate and consumer goods in May 2014 resulting in a...