NEDA wants stronger push for exports

 

 

By Rose de la Cruz

 

 

The National Economic and Development Authority wants a stronger and more aggressive push for Philippine exports to help in continuing the country’s strong trade performance recorded in June 2018.

 

The Philippine Statistics Authority (PSA) reported that the country’s total trade grew by 13.5 percent, reaching $14.8 billion in June 2018, driven mainly by imports which grew by 24.2 percent, but tempered by the 0.1-percent decline in exports.

 

“Creating a broader market base for exports through effective trade facilitation and by effectively utilizing existing free trade…

Read more: NEDA wants stronger push for exports

Japan remains top ODA source

 

 

By Rose de la Cruz

 

Japan continues to be the main source of official development assistance of the Philippine government, where disbursements were reported to have improved with the implementing agencies’ better financial performance, the National Economic and Development Authority said.

 

NEDA’s 2017 Official Development Assistance (ODA) Portfolio Review Report showed that all indicators of the government’s absorptive capacity for ODA loans— disbursement level, disbursement rate, availment rate and disbursement ratio – showed improvement in 2017 as compared to 2016.

 

From $1.25 billion in 2016 the disbursement level of ODA loans, or the amount of actual…

Read more: Japan remains top ODA source

Draft Ph. Export Development Plan supports PDP2017-2022

 

 

By Rose de la Cruz

 

The National Economic and Development Authority said that the proposed Philippine export development plan (PEDP) to boost the country’s exports is intended to meet the targets contained in the Philippine Development Plan (PDP) 2017-2022.

 

The Economic Development Cluster (EDC) endorsed last Thursday the Philippine Export Development Plan (PEDP) 2018-2022 for the approval of President Rodrigo Duterte.

 

The PEDP 2018-2022 is a five-year roadmap aimed at improving exports performance and increasing the sector’s competitiveness.

 

“Our latest exports numbers (April 2018) have not been so good. All products showed negative growth…

Read more: Draft Ph. Export Development Plan supports PDP2017-2022

Critical infrastructure: a role model to protect normal businesses?

 

 

By Andrey Suvorov, Head of Critical Infrastructure Protection at Kaspersky Lab

After many years of working with clients trying to protect their industrial systems - from oil refineries to railway systems - you learn one thing: critical infrastructure needs special attention. Like normal companies, industrial facilities depend on computers and software, but the range of solutions in use is very different from a typical office. You can find ten-year-old machines still working as though they are as good as new, and operators are not worried about the cost of replacement. Instead, they ask how much it costs to stop those…

Read more: Critical infrastructure: a role model to protect normal businesses?

Remittances surge to $10.4-B in 1st 4 months of 2018

 

 

By Rose de la Cruz

 

Remittances from overseas Filipinos rose to $10.4 billion in January to April 2018, up by 4 percent hitting $2 billion in April alone.

 

Bangko Sentral ng Pilipinas Gov. Nestor Espenilla Jr. said the continued growth in personal remittances during the first four months was driven by steady remittance inflows from land-based OF workers with work contracts of one year or more, which aggregated to $8.1 billion.

 

Compensation of sea-based workers and land-based workers with short-term contracts reached $2.1 billion.

 

Remittances from OFs coursed through banks posted…

Read more: Remittances surge to $10.4-B in 1st 4 months of 2018

Like us in Facebook

Features

Latest News

Empowering MSMEs in Dinagat Island province

  By Rose de la Cruz   Bangko Sentral ng Pilipinas is soon signing a memorandum of agreement with the local officials of the island province of... Read More...
Empowering MSMEs in Dinagat Island province

  By Rose de la Cruz   Bangko Sentral ng Pilipinas is soon signing a memorandum of agreement with the local officials of the island province of... Read More...
Bong still unsure of Senate run

Should he stay or should he go?  This is the question that Special Assistant to the President Christopher “Bong” Go is trying to answer and... Read More...
IMAGE In the know: Solar Philippines

Solar Philippines is currently the country’s – and Southeast Asia’s – largest solar-energy company. Founded in August 2013 by Leandro... Read More...
Wrong Dream Girl and Other Laughs

Wrong Dream GirlA FROG telephones the Psychic Hotline. His Personal Psychic Advisor tells him, "You are going to meet a beautiful young girl who will... Read More...
Confession Code and other laughs

Confession Code AN old priest who became sick of all the people in his parish who kept confessing to adultery said one Sunday, in the pulpit,"If I... Read More...
IMAGE PAGIGING MAKABAYAN

KAMAKAILAN ay tumawag ng atensyon ang plano ni Sen. Manny Pacquiao na maghain ng panukalang batas na naglalayon na isama bilang bahagi ng curriculum... Read More...
IMAGE PUTULIN ANG MONOPOLYO NG MERALCO!

SUPORTADO nang ibat-ibang consumer group kabilang na ang Institute for Consumer Research and Empowerment (ICORE) ang panukalang dapat putulin na ang... Read More...

Our Guests

Today727
Yesterday743
This week5447
This month16535
Total1055281

Visitor Info

  • Your IP: 54.198.142.121

Who Is Online

28
Online

Sunday, 23 September 2018
© 2016 OpinYon News Magazine Online. All Rights Reserved.

Please publish modules in offcanvas position.