(Eagle News) — Malacanang has has announced the appointment of Dr. Emmanuel Esguerra as acting director general of the National Economic Development Authority (NEDA). Communication Secretary Herminio Coloma, Jr., issued the statement announcing the appointment of the acting NEDA chief in view of the resignation of former NEDA head Arsenio Balisacan who has been appointed to chair the Philippine Competition Commission. Coloma said that President Aquino has also appointed Dr. Esguerra as Acting Socio-Economic Secretary. Secretary […]
Tag: Balisacan
Phl economy growth of 5.8% in 2015, below earlier growth target
(Eagle News) — The Philippine economy grew 5.8 percent in 2015, which was below the earlier government growth target of 7-8 percent. “The acceleration of growth from the first quarter to fourth quarter has been very encouraging, bringing the average full-year growth to 5.8 percent. Though this is lower than what we targeted for the year, this growth is respectable given the difficult external environment, the onset of El Nino, and the challenges in […]
Unemployment drops to lowest in 10 years — NEDA
(Eagle News Service) – The National Economic and Development Authority (NEDA) reported significant gains in the labor market with the unemployment rate dropping to its lowest in 10 years. This was based on employment figures for October 2014 which also revealed that better quality jobs had been generated. This statement came after the Philippine Statistics Authority (PSA) released the results of the Labor Force Survey (LFS) for October 2014. The survey showed that the number […]
