Economy

The National Economic and Development Authority (Neda) stressed the need for better land governance and increased infrastructure investments in agriculture and rural areas, as these remain critical for productivity, job generation, and poverty reduction in many parts of the Philippines.

By Riza Lozada The resignation of former Bureau of Customs (BOC) Commissioner John Phillip Sevilla was both controversial and an eye-opener for the business sector, as his departure was considered the result of industry groups resenting the aggressive BOC thrust to hike revenues lobbying against him.

Association of Southeast Asian Nations (Asean) members need to go beyond commerce and financial assistance to address factors that impede the achievement of the Millennium Development Goals (MDGs) as well as post-2015 development priorities, according to the National Economic and Development Authority (Neda).

By Jerry Maglunog Accolades about the Philippines are being peddled by government drumbeaters to convince the public that the economy is growing and investors are investing their money in the country.

By Riza Lozada Education and competitiveness enhancement projects are among those being considered for official development assistance (ODA) financing, National Economic and Development Authority (Neda) data showed.

The seven month-long truck ban last year in Metro Manila cost the national economy around P43.85 billion, but while the country’s leaders insist that the operation has normalized in the ports since last February, complex problems with port congestion and underutilization remains, a recent policy note released by state think tank Philippine Institute for Development Studies (PIDS) said.

By Jerry Maglunog There are 82 airports in the Philippines, but only less than 10 are earning, according to the Civil Aviation Authority of the Philippines (Caap).

The Board of Investments (BOI) focused on industries and jobs intensive industries under the released guidelines for the 2014-2016 Investment Promotions Plan (IPP).

By Riza Lozada Tata Motors Philippines is revving up its bid to become a leading passenger vehicle brand in the country with its Indian bestseller Indigo, which the carmaker claims to be among the most cost- and fuel-efficient cars in the market.

Riza Lozada The local credit card industry, which has been growing an average of five percent a year for the past 35 years, is aggressively pushing for implementation of the centralized credit information database as well as the national identification system to realize bigger growth rates.