PH exports slip 3% in Dec

Philippine merchandise exports declined for the ninth straight month with a 3% drop in December 2015 despite the double-digit increase in petroleum sales, according…

PH manufacturing output up in Dec, fueled by vibrant construction sector, low oil costs

The Philippine manufacturing sector continued to grow in December 2015, benefiting from construction activity that remains on an upward trend and oil prices that…

Esguerra named acting NEDA chief, socioeconomic planning secretary

Dr Emmanuel F. Esguerra, deputy director general of the National Economic and Development Authority (NEDA), has been officially appointed by President Benigno Aquino III…

PH import payments up 10% in Nov

The Philippines’ merchandise imports grew by 10.1% in November 2015, topping the import performances of 10 of its Asian peers, according to the National…

Balisacan leaves NEDA to lead new PH competition agency

Economic Planning Secretary Arsenio Balisacan, who is also director-general of the National Economic and Development Authority (NEDA), has resigned from his post to head…

PH manufacturing sector expands in Nov amid robust local consumption

After posting a slight decline in October, the manufacturing sector accelerated in November 2015 mainly on strong local demand, according to the National Economic…

NEDA OKs five projects, including NLEx-SLEx connector road

The National Economic and Development Authority (NEDA) Board has approved five multibillion-peso projects, including the P23-billion road project that will connect the North Luzon…

PH economy strong enough to hit 6% growth in 2015—NEDA

The Philippines can achieve a growth rate of 6% in 2015 with domestic demand remaining strong, according to Socio-Economic Planning Secretary Arsenio Balisacan. “Our…

El Niño, China slump dampen PH manufacturing output

The Philippines’ manufacturing sector recorded a slight decline in output for October 2015 due to the adverse effects of El Niño and continued weakening…

PH October exports dip 10.8%

Philippine exports fell by 10.8% in October 2015, the seventh straight month of decline owing to continued sluggish external demand, according to the Philippine…

PH economy grows 6% in Q3, third highest rate in Asia

The Philippine economy grew 6% in the third quarter of 2015—slightly below the expected 6.3% growth but an improvement over the 5.8% expansion in…

PH Sept imports up 6.7%

The Philippines’ merchandise imports continued to post growth for the fourth consecutive month in September, boosted by double-digit increases in the importation of raw materials…

PH Sept exports drop 24.7%, the largest dip in 4 years

Philippine merchandise exports fell 24.7% in September 2015 as sluggish global demand and depressed prices weakened exports of all key commodities, according to the…

PH manufacturing rebounds with Aug volume increase

After a three-month decline, the Philippine manufacturing sector bounced back in August 2015 on the back of vigorous construction activity and high demand for…

PH industrial output wilts from sluggish global trade

Philippine manufacturing volume fell slightly in July 2015 due to the continuing weakness in global demand, according to the National Economic and Development Authority…

PH July exports slump on lower agro, mineral earnings

Philippine merchandise exports fell for the fourth straight month in July 2015, declining 1.8% to US$5.3 billion from $5.425 billion in the same period…

NEDA Board OKs 4 rail, airport projects costing P126B

Infrastructure development efforts to sustain economic growth continue with the recent approval of four major transportation projects worth P126.51 billion by the National Economic…

P189B PPP projects await Aquino OK

Economic Planning Secretary Arsenio Balisacan said three public-private partnership (PPP) projects worth P188.8 billion are awaiting approval by the National Economic and Development Authority (NEDA) Board,…

Facilitating services trade a key APEC agenda

Trade in services is being given special focus in this year’s regional economic integration efforts, according to National Economic and Development Authority (NEDA) deputy…

PH production drops further but NEDA sees silver lining

The Philippine manufacturing sector continued to cool in June 2015 due to the sustained decrease in global demand and business interruptions during the rainy…