Export Development Council seeks DBM support for PEDP projects of agencies Export Development Council June 27, 2016 The Export Development Council (EDC) endorsed the Programs, Activities, and Projects (PAPs) to the Department of Budget and Management (DBM) to support the requests of the concerned agencies for budget allocation for...

Sharp to Supply Solar Systems to Philippines, Indonesia Projects Bloomberg News June 30, 2016 Sharp Corp., a Japanese photovoltaic panel maker, plans to supply solar-power generation systems for projects in the Philippines, Mongolia and Indonesia. Osaka-based Sharp is exploring ways to revamp its solar business after the Foxconn Technology...

Drought in Vietnam Holds Back Growth as Farming Takes Knock Bloomberg News June 28, 2016 Economic growth in Vietnam was little changed in the second quarter as a crippling drought hurt farming output and demand for exports weakened. Gross domestic product rose 5.6 percent from a year earlier after...

BREXIT Effect Minimal For PH Economy – NEDA National Economic and Development Authority June 28, 2016 The exit of the United Kingdom (UK) from the European Union (EU), also known as Brexit, has minimal direct effect on the Philippine economy due to strong macroeconomic fundamentals, according to the National...

NEDA, JICA Discuss Davao Infra Dev’t Project with Incoming President Duterte National Economic and Development Authority June 27, 2016 The Japanese government and the National Economic and Development Authority (NEDA) recently discussed Japan’s offer of support for the institutionalization of urban infrastructure planning and formulation in Davao City with...