Economy

Critical economic reforms gaining traction, must continue: NEDA

MANILA -- The National Economic and Development Authority (NEDA) said Tuesday that the ranking of American media company US News which placed the Philippines on the top spot of “best countries to...

Vegetables, root crops production in NegOcc slightly drops

BACOLOD CITY -- Vegetables and root crops production in Negros Occidental has slightly dropped in 2017, the Philippine Statistics Authority (PSA) has reported. Annual production and area harvested reports of PSA-Negros Occidental showed...

Int’l firm to use Davao cacao beans for real Belgian chocolates

DAVAO CITY -- An international chocolate producer will launch Belcolade, the real Belgian chocolate with a single origin of cacao beans exclusively sourced from Davao. Bernard Poplimont, the area director for South East...

NEDA approves 13 infra projects worth P1-T

MANILA – The National Economic and Development Authority (NEDA) Board has approved 13 infrastructure projects worth PHP1.02 trillion, including Metro Manila’s first ever subway and five other projects that will be...

PH eyes exclusion of export items from VAT payments

MANILA -- Finance officials are now considering a move to follow the international norm of not requiring value added tax (VAT) payments for items bought in the country but will be...

NEDA sees TRAIN having little effect on inflation

MANILA -- Government’s top economic managers and leading economists agreed that the implementation of tax reform program has minimal impact on prices of goods. National Economic and Development Authority (NEDA) Director-General and...

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