By Michelle V. Remo
Supertyphoon “Yolanda” and other natural calamities that have struck the Philippines may not drag down the country’s overall growth but they could push more households into “transient” poverty, the National Economic and Development Authority (Neda) said Friday.
The Philippine economy is expected to have grown by more than 7 percent in the third quarter of the year compared with the same period last year, the government’s chief economist said yesterday. Arsenio Balisacan, director general of the National Economic and Development Authority, told reporters that a combination of higher investments and strong household [...]
By Michael Lim Ubac
For being too candid about the government’s failure to make a dent in the country’s poverty incidence, Socioeconomic Planning Secretary Arsenio Balisacan may have earned the ire of the Malacañang occupant. He was apparently bumped off from a trip to Brunei, where President Aquino is attending the Asean summit.
By Norman Bordadora
Days after reporting that the country’s economy grew by 6.6 percent in 2012, Socio-Economic Planning Secretary Arsenio Balisacan on Wednesday got his confirmation by the bicameral Commission on Appointments, something a few other members of President Aquino’s Cabinet have been wanting since 2010.
By Tonette Orejas
President Benigno Aquino III has extended for another two or three months a weeklong review of the Aurora Pacific Economic Zone and Freeport Authority (Apeco), an official of the National Economic and Development Authority (Neda) said on Friday.
By Cathy C. Yamsuan
Director General Arsenio Balisacan of the National Economic Development Authority didn’t know what hit him.