• 26 November 2015
MANILA, Nov. 26 -- Double-digit increases in the importation of raw materials and intermediate goods, capital, and consumer goods kept Philippine merchandise imports afloat in September 2015, according to the National Economic and Development Authority (NEDA). The Philippine Statistics Authority reported yesterday that total payments for imports increased by 6.7 percent to USD 6.2 billion in September 2015 from USD 5.8 billion in the same month last year. This is the fourth consecutive month since June this year that imports have increased. “Upbeat sentiment from the business sector and an overall improvement in consumer expectations for the coming quarter will likely keep imports afloat, especially those in the manufacturing and construction sectors. Improved purchasing power due to low inflation will also keep consumer demand vibrant in the succeeding months, and will further be ramped-up by holiday spending,” said Economic Planning Secretary Arsenio M. Balisacan. “The growth registered in capital goods for September (40.7%), which is the highest for the year, is also an indication of robust economic activity moving forward,” he added. Capital goods increased to US ...Read more

Better governance in GOCC sector 

 CENTRAL  26 November 2015
MAKATI CITY, Nov. 26 -- The Governance Commission for GOCCs (GCG) has been awarded Proficient in the Performance Governance System (PGS) by the Institute for Solidarity in Asia (ISA) during its 4th anniversary celebration. Finance Secretary Cesar V. Purisima congratulated the GCG, citing the impr ...Read more

‘Peace boats’ to help fishermen in Samar Island recover from Typhoon Yolanda

 CENTRAL  26 November 2015
HERNANI, Eastern Samar, Nov. 26 -- Local fisherfolk from three Eastern Samar towns, who were among the victims of super-typhoon Yolanda (Haiyan) in 2013, recently received a total of 63 ‘peace boats’ to help survivors recover from the disaster. Dubbed as ‘BangKapayapaan,’ the delivery of pe ...Read more