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April 27, 2017

RDC NorMin AdCom supports RDP, RDIP and 2018 budget

Congress representatives of Northern Mindanao (NorMin) expressed support to the NorMin Regional Development Plan (RDP) and Regional Development Investment Program (RDIP) 2017-2022 as well as the region’s 2018 budget requirement amounting to PHP154.9 billion. This ...Read More
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RDC CAR adopts Cordillera RDP 2017-2022

The Regional Development Council (RDC) of the Cordillera Administrative Region (CAR) adopted the Cordillera Regional Development Plan (RDP) 2017–2022 and the Regional Development Investment Program (RDIP) during the RDC CAR’s second quarter meeting last April 7 at the Lay Formation, Teng-ab, Bontoc, Mountain Province, The RDP is anchored in the Philippine Development Plan (PDP) 2017–2022, the long term vision or Ambisyon Natin 2040, Sustainable Development Goals 2030, and the administration’s 0-10 Socioeconomic Agenda. It is also anchored on Malasakit, Pagbabago, and Patuloy na Pag-unlad or the long term vision’s three pillars that aims to enhance the social fabric, reduce inequality, […]

Mactan-Cebu airport expansion seen to boost tourist arrivals in Cebu

THE COMPLETION of the Mactan-Cebu International Airport (MCIA)’s expansion by 2018 is seen to further boost tourist arrivals in Cebu, effectively ramping up the need for more hotel and resort-oriented projects in the region. Consultancy firm Colliers International said in a statement on Tuesday that the P17.5-billion public-private partnership (PPP) should entice more airlines to mount direct flights to Cebu, which has consistently been ranked as one of the most visited destinations in the country. “Cebu’s rising attractiveness as a tourist spot and growing competitiveness as an investment destination should support a 15% to 20% growth in tourist arrival’s over […]

ADB partnership strategy to focus on infrastructure buildup in Visayas, Mindanao

MANILA, Philippines – The proposed 2017-2022 country partnership strategy (CPS) of the Asian Development Bank (ADB) for the Philippines would focus on infrastructure buildup in the Visayas and the South Central Mindanao Growth Corridor. In its updated member fact sheet for the Philippines, ADB said the new CPS would give emphasis on four interrelated priority areas: sustainable and climate-resilient infrastructure, good governance and finance, employment and education, and regional integration. “The strategy plans to foster inclusive growth by supporting development in the Visayas and Mindanao while continuing to support national programs,” ADB said. “In addition to building and rehabilitating national […]

Produce Globally-Competitive Filipinos

AS WE brace for this era’s Fourth Industrial Revolution (FIRe), the Philippines must rethink certain regulations on employment and modernize social security systems to enable a generation of globally-competitive talent, policy experts in a roundtable discussion said. Dr. Vicente Paqueo and Dr. Aniceto Orbeta Jr., research fellows of the Philippine Institute for Development Studies, stressed that this candid continuation of the 1st to 3rd industrial revolution would be a combination of digital, physical, and biological upheavals. As the phenomenon cited will “fundamentally alter the way we live, work, and relate to one another,” the Philippines, an emerging economy, is likewise […]

DOST lends support to Cebu coffee producers

THE Department of Science and Technology (DOST) Cebu has stepped in to assist producers of Tuburan ground coffee market their product for export, developing new packaging materials and consulting with growers on boosting yields, the agency reported. “We designed the label and developed the appropriate packaging for the Tuburan Coffee,” DOST Cebu Provincial Director Engr. Tristan Abando explained. From transparent stand-up pouch plastic packaging, Tuburan coffee now sports a more elegant black opaque, matte-finish, stand-up, zip-locked, aluminum composite plastic, Abando said. DOST-Cebu underwrote the cost of the packaging materials as part of the Accelerated and Sustainable Anti-Poverty Program (ASAPP). “The […]

Nuclear energy: A long-term option for PH

THE Philippines has always viewed nuclear energy as a long-term option for power generation that will provide supply security, stability and reliability. Should this be the path that the country chooses to take, nuclear energy will further diversify our existing generation mix composed of coal, natural gas, geothermal, hydropower, oil, wind, biomass and solar. Owing to its baseload characteristics, nuclear energy will be able to support the thrust of the Philippine government which is the realization of the Philippine Development Plan’s (PDP) drive for industrialization and urbanization. It is central for a country on the path of development to have […]

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Government’s Build Build Build program embodied in PDP 2017-2022

The Duterte administration’s Build Build Build program is embodied in the Philippine Development Plan 2017-2022. Socioeconomic Planning Secretary Ernesto M. Pernia said it is also in line with the country’s development priority of enhancing infrastructure development in order to attract investments, generate jobs, and spur economic growth. Build Build Build, the administration’s comprehensive infrastructure development program, was launched during the Dutertenomics Forum held last April 18 at The Conrad Hotel, Pasay City. During the forum, the NEDA joined the Bases Conversion and Development Authority and the Departments of Finance, Budget and Management, Public Works and Highways, and Transportation, to discuss […]

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NEDA convenes DevComNet to discuss PDP 2017-2022

The National Economic and Development Authority convened the Development Communication Coordinating Network (DevComNet) composed of more than 100 government information officers to discuss the Philippine Development Plan (PDP) 2017-2022, the National Spatial Strategy, and how to communicate the Plan. “The DevComNet is certainly a great opportunity for all of us to be united, for our efforts to be coherent, well-coordinated and synergistic,” said Socioeconomic Planning Secretary Ernesto M. Pernia in his keynote message. According to him, the assembly can help the communication officers to integrate the key messages of the PDP in their agencies’ communication and stakeholder engagement efforts. He […]

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Palace: Pay hike, prices, employment among Duterte’s priorities

Malacañang assured Filipinos that addressing economic issues such as higher pay, inflation and job creation were the top priorities of the Duterte administration. Presidential Spokesperson Ernesto Abella issued the statement on Tuesday after a recent Pulse Asia Survey showed that the most urgent national concerns of Filipinos include increasing salaries of workers, controlling inflation, and generating jobs. In the survey conducted from March 15 to 20 among 1,200 respondents, higher salary for workers remained the most urgent national concern of 43 percent of respondents while controlling inflation or price increases was at 41 percent and creating more jobs at 39 […]

Philippine economic growth helps reduce poverty

MANILA: A World Bank (WB) senior economist on Tuesday reported that the country’s economic growth has become more “inclusive,” meaning that at least 1.8 million Filipinos have been lifted out of their poverty in the past three years. “The rapidly growing domestic economy has yielded substantial gains in employment and poverty reduction. This means growth became more inclusive,” Brigit Hansl, the WB lead economist, told reporters at the launching of the Philippine Economic Updates April 2017 in Metro Manila. Hansl, citing a report from the Philippines Statistics Authority, noted a significant drop in the poverty incidence among Filipinos from 25.2 […]