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PRESIDENT Ferdinand R. Marcos Jr. is set to issue a new Executive Order (EO), which will slash rice tariffs to 15 percent amid the soaring international prices of the staple. The government expects the tariff reduction to stabilize rice prices in the next four years and temper inflation. The tariff…
THE national government has decided not to impose any tariffs on electric vehicles, their parts, and components until 2028, according to the National Economic and Development Authority (Neda). In a statement on Thursday, Neda said the Neda Board, the highest policymaking body of the agency and is chaired by the…
THE National Economic and Development Authority (Neda) Board, chaired by the President, approved projects worth P66.37 billion in its meeting on Wednesday. In a statement, Neda said the projects were approved at the 16th meeting of the Neda Board, the highest policymaking body of the agency. Approved were two infrastructure…
A MEASURE recently approved by President Marcos which aims to fast-track the implementation of the country’s Infrastructure Flagship Projects (IFPs) is seen to boost the administrations infrastructure drive and spur job creation, the National Economic and Development Authority (NEDA) said. Socioeconomic Planning Secretary Arsenio M. Balisacan in a statement underscored…
THE National Economic and Development Authority (Neda) Board has approved the updated parameters, terms and conditions (PTCs) for the University of the Philippines-Philippine General Hospital (UP-PGH) Cancer Center Project, which includes improvements in the equipment supply and financing to meet global best practice standards. In a statement on Thursday, Neda…