Financial assistance for Filipino students

For Academic Year 2013-2014, a total of 52,006 students will benefit from the Student Financial Assistance Programs (StuFAP) of the Commission on Higher Education (CHED). Data at the CHED Office of Student Services showed that for the coming Academic Year, 6,264 have been added to the existing 45,742 beneficiaries, with 8,713 students expected to graduate next year. Article XIV of the... 

More budget for tourism infrastructure

For the first time, the government is allocating a dedicated budget for tourism infrastructure to connect tourist destinations to major roadways. The Department of Public Works and Highways (DPWH) will spend P11.95 billion for tourism infrastructure this year, 13.5 billion in 2014, 14.4 billion in 2015, and 15.9 billion in 2016. Luzon will get a total of 5.64 billion while the Visayas... 

The Philippine Rural Development Program

The National Economic and Development Authority and the Cabinet of the Aquino Administration have approved the allocation of P27.54 billion for the Philippine Rural Development Program (PRDP), a special program of the Department of Agriculture (DA) for inclusive growth and for creating a weather-resilient agri-fishery sector. Incoming search terms:prdp philippines (3)rural development... 

Philippines’ high performance in human development index progress in the Millennium Development Goals among other ASEAN countries

Manila, Philippines – The National Economic and Development Authority (NEDA) recently reported that the Philippines continues to rank higher in human development than other Association of Southeast Asian Nations (ASEAN) member countries and is also making progress in the attainment of the Millennium Development Goals (MDGs). Incoming search terms:neda (9)Millennium Development Goals... 

Palace won’t back NFA abolition

Manila, Philippines – Malacañang is not supporting plans to abolish the National Food Authority (NFA). Presidential Communications and Strategic Planning Secretary Ramon A. Carandang admitted yesterday that the NFA has incurred billions in debt. But there is no policy yet to abolish the NFA, Carandang said. Incoming search terms:abolition of nfa (3)abolish nfa (1)nfa abolition... 

Government to pursue institutional reforms for the country’s enduring progress

Manila, Philippines – At the recent 43rd World Economic Forum (WEF) Annual Meeting in Davos, Switzerland, H.E., President Benigno S. Aquino III, vowed to pursue institutional reforms to effect the Philippines’ enduring progress.  Read More »

Government’s National Community-Driven Development Program

Manila, Philippines – The National Economic and Development Authority (NEDA) Board, Chaired by President Benigno S. Aquino III, approved the National Community-Driven Development Program (NCDDP) on January 18, 2013, which scales up the Kapit-Bisig Laban sa Kahirapan-Comprehensive and Integrated Delivery of Social Services (Kalahi-CIDSS), one of the government’s flagship programs... 

The Robust Philippine Economic Growth

Manila, Philippines – The Philippine Gross Domestic Product (GDP) grew by 6.8% in the 4th quarter of 2012, paving the way for the annual GDP to post a faster-than-expected annual growth of 6.6%, making it one of the best performing economies in Asia. The full-year 2012 figure was significantly higher than 2011’s 3.7%, beating the expectations of the market, lending institutions,... 

Government towards achieving targets of the Philippine Development Plan 2011-2016

Manila, Philippines – According to the recent Socioeconomic Report (SER) 2010-2012 of the National Economic and Development Authority (NEDA), the government is moving closer to achieving its expectations of the Philippine Development Plan (PDP) 2011-2016, despite unexpected external forces that have threatened the nation’s economic growth. Incoming search terms:forcast of the... 

‘Good Practice Award’ cites projects

Manila, Philippines – TWO foreign-assisted projects of the Department of Agriculture (DA) Mindanao Rural Development Program Phase 2 (MRDP2) and Infrastructure for Rural Productivity Enhancement Sector (INFRES) ­ received the “Good Practice Award“ from the National Economic and Development Authority (NEDA). Both projects deliver services to farmers, fisherfolk, and local government...