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The National Economic and Development Authority (Neda) Board directed the Department of Public Works and Highways (DPWH) on Thursday, November 9, 2023, to proceed with the Swiss challenge for the Tarlac-Pangasinan-La Union Expressway (TPLEX) Extension Project.
The government remains focused on containing inflation as high interest rates are dampening the country’s investment prospects, according to the National Economic and Development Authority (Neda). Socioeconomic Planning Secretary Arsenio M. Balisacan also said the country will continue to feel the impact of high interest rates up until the end…
The Bangko Sentral ng Pilipinas (BSP) may cut interest rates by a total of 75 basis points starting in December this year until the third quarter of next year, according to British multinational bank, Standard Chartered. In a briefing on Friday, Standard Chartered said they expect a 25 basis point…
Finance Secretary Benjamin Diokno met with Australian Ambassador to the Philippines HK Yu and Australia’s Special Envoy for Southeast Asia Nicholas Moore to explore deepening Philippine-Australian cooperation on areas such as privatization of airports, development of the mining industry, and agriculture technology.