NEDA commits to intensify project monitoring

 

 

By Rose de la Cruz

 

The National Economic and Development Authority committed to intensify its efforts in monitoring and evaluating government activities during a workshop with the World Bank last week.

 
The joint stakeholder evaluation workshop was held in an effort to enhance monitoring and evaluation of programs and projects in the country.


“We need to improve our capability in measuring and evaluating results. That is why there is a serious intention to implement purposive evaluation in the country that would give us evidence-based, results-oriented impact assessment of our activities,” said Socioeconomic Planning Secretary Ernesto M. Pernia.…

Read more: NEDA commits to intensify project monitoring

Lending expands by 19.9% in April

 

By Rose de la Cruz

Bank lending expanded by 19.9 percent in April from 18.5 percent in March. The growth in bank lending inclusive of reverse repurchase placements with the Bangko Sentral ng Pilipinas  accelerated to 19.9 percent in April compared to 18.8 percent in March, according to preliminary data released by BSP.

 

 

On a month-on-month seasonally-adjusted basis, commercial banks net of RRPs and loans inclusive of RRPs increased by 2.2 and 1.2 percent, respectively.

 

Loans for production activities comprised 88.5 percent of banks' aggregate loan portfolio, net of RRP,…

Read more: Lending expands by 19.9% in April

Heat treatment for wooden pallet allows industry to meet global standards

 

By Rose de la Cruz 

To prevent invasive insect pests and diseases from entering the country through global trade, the International Standard for Phytosanitary Measures (ISPM) No. 15 was enforced in 2002, mandating the makers of wooden packaging materials to sterilize their pallets and crates. Mode of sterilizing is either thru heat treatment or methyl bromide fumigation. 

A pallet is a flat transport structure used for shipping goods around the world. Here in the Philippines, the wooden pallet industry is able to comply with the ISPM regulation using DOST-FPRDI’s HT technology. 

Wency Carmelo, of the Forest Products Research…

Read more: Heat treatment for wooden pallet allows industry to meet global standards

Council stays vigilant against potential risks to financial market

 

 

By Rose de la Cruz

 

The Financial Stability Coordination Council (FSCC) recently held its quarterly meeting to assess and review potential risks to the continued stability of the Philippine financial market.

 

Launched in February 2014, the FSCC is composed of five government institutions tasked to foster a strong and resilient financial system that supports market innovation and mitigates any build-up of systemic risks. These institutions are the Insurance Commission; National Treasury (for the Department of Finance); Bangko Sentral which chairs the FSCC; Securities and Exchange Commission and the Philippine Deposit Insurance System.

 

The members of…

Read more: Council stays vigilant against potential risks to financial market

PH to host APO next regional productivity summit in 2019

 

 

By Rose de la Cruz

 

The Philippines is hosting, after Lao PDR, the 57-year old Asian Productivity Organization (APO) governing body next year, following the acceptance by the National Economic and Development Authority of the hosting rights.


NEDA Undersecretary for Regional Development Adoracion M. Navarro, currently the APO Philippine Director, represented the country in the turnover ceremony held at the APO Governing Body’s 60th Session in Vientiane last May 8-10.


“Let me thank Lao PDR for their hospitality and successful hosting of this 60th Session. And let me welcome you in advance to the Philippine hosting of the 61st Session…

Read more: PH to host APO next regional productivity summit in 2019

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