National Economic and Development Authority, like the Department of Trade and Industry, has embraced industrial policy, on paper.
After five decades of ignoring the central role of an activist state in the industrialization of a country, Neda is now trying to push the economy back to the industrial path of development.
On NIASD, the overall message is industrial, agricultural and economic transformation through technological progress. For this purpose, Neda has set the following targets: Third, NIASD has no program of “leapfrogging” or “catching up” in areas where the Philippines can excel or must invest. Easily, what comes to mind is the development of the maritime industry in an archipelagic country. Neda and DTI were given a low-hanging fruit when Hanjin, with its 300-hectare shipyard in Subic, collapsed and became bankrupt.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Farmers, fishermen to get ayuda amid El Niño: NEDAThe National Economic and Development Authority (NEDA) on Tuesday assured farmers and fisherfolk that they would be given cash aid amid the expected impact of El Niño early next year.
Read more »
NEDA: PH readies energy sector for possible impact of Israel-Hamas warPower plants slated for completion within the year or early 2024 could help cushion the possible impact of the Israel-Hamas war on the local energy market, according to a government official.
Read more »
NEDA: Government 'on track' with PDP 2023-2028 implementationThe National Economic and Development Authority (NEDA) said the government is 'on track' in laying down the groundwork for the full implementation of its 2023-2028 Philippine Development Plan (PDP). During a press briefing in Malacañamg last Tuesday, NEDA Undersecretary Rosemarie G.
Read more »
Neda exec pushes energy conservation measures amid Israel-Hamas conflictThe National Economic and Development Authority (Neda) proposed the implementation of an energy conservation measure in case the Israel-Hamas war escalates and spreads to other countries. Neda Undersecretary Rosemarie G.
Read more »
Biden vs. Trump, the unwanted rematch for America's soulVoters are increasingly turned off by the apparently inevitable rematch between Joe Biden and Donald Trump.
Read more »
Biden vs. Trump: Unwanted rematch for America’s soulDefining the News
Read more »