June 18, 2025 — The Economy and Development (ED) Council, formerly known as the NEDA Board, approved the 10-year extension of the concession agreements for Maynilad Water Services, Inc. and Manila Water Company, Inc. during its inaugural meeting today, June 18. Chaired by President Ferdinand R. Marcos, Jr., the ED Council approved the request of the continue reading : ECONOMY AND DEV’T COUNCIL HOLDS INAUGURAL MEETING, APPROVES 10-YEAR EXTENSION OF WATER CONCESSIONS

June 06, 2025 – The Philippine government reaffirmed its commitment to foster the creation of more high-quality jobs for Filipinos, as the latest Labor Force Survey showed that the country’s unemployment rate remains within target, said the Department of Economy, Planning, and Development (DEPDev). The Philippine Statistics Authority reported today, June 6, that the national continue reading : PH GOV’T VOWS TO CONTINUE ENABLING THE CREATION OF MORE HIGH-QUALITY JOBS—DEPDEV

OPENING REMARKS FOR THE HANDOVER CEREMONY Arsenio M. Balisacan, PhD Secretary, Department of Economy, Planning, and Development Organisation for Economic Co-operation and Development (OECD): Council Meeting at the Ministerial Level 03 June 2025 | 10:00 AM | OECD Headquarters, Paris, France   <Salutations> Secretary-General Mathias Cormann, Secretary-General Kao Kim Hourn, Honorable Nguyen Van Thang, Honorable continue reading : As-Delivered Opening Remarks of DEPDev Secretary Arsenio M. Balisacan during the Handover Ceremony at the OECD Council Meeting at the Ministerial Level

JUNE 5, 2025  – The Philippine government has assumed the role of co-chair of the Organisation for Economic Cooperation and Development’s (OECD) Southeast Asia Regional Programme, reaffirming its strong commitment to advancing the program’s goals. The Philippines’ now shares leadership of the OECD Southeast Asia Regional Programme with Canada, marking a significant milestone that underscores continue reading : PH ASSUMES CO-CHAIRSHIP OF OECD SOUTHEAST ASIA PROGRAMME, VOWS STRONGER REGIONAL COOPERATION

June 05, 2025 – The continued decline in the country’s headline inflation shows progress toward easing price pressures and achieving a more stable cost of living for Filipinos, the Department of Economy, Planning, and Development (DEPDev) said Thursday (June 5). According to the Philippine Statistics Authority, the country’s headline inflation rate further slowed to 1.3 continue reading : PH INFLATION SETTLES AT 1.3 PERCENT IN MAY 2025, LOWEST SINCE NOVEMBER 2019

May 30, 2025 – The Philippine government is pushing for the passage of key priority measures on connectivity, investment, and healthcare for the remaining six session days of the 19th Congress, the Legislative-Executive Development Advisory Council (LEDAC) reported during its 8th meeting on Thursday (May 29). Seven priority bills under the LEDAC Common Legislative Agenda continue reading : PH GOV’T SEES KEY PRIORITY MEASURES ON CONNECTIVITY, INVESTMENT, HEALTHCARE TO BE PASSED BEFORE 19TH CONGRESS ENDS

MAY 29, 2025 — The Marcos administration has reiterated its commitment to the development of the Ilocos Region through the effective implementation of critical Infrastructure Flagship Projects, according to the Department of Economy, Planning, and Development (DEPDev). President Ferdinand R. Marcos Jr. met with the officials of the Regional Development Council (RDC) I on Friday continue reading : MARCOS ADMIN ACCELERATES KEY INFRA PROJECTS TO BOOST SUSTAINABLE GROWTH IN ILOCOS REGION — DEPDEV

May 22, 2025 – The reorganization of the National Economic and Development Authority (NEDA) into the newly established Department of Economy, Planning, and Development (DEPDev) marks a significant milestone in the country’s pursuit of stronger and more future-ready economic governance, according to DEPDev Secretary Arsenio M. Balisacan during the ceremonial presentation of the signed law continue reading : BALISACAN COMMENDS PBBM FOR ESTABLISHING DEPDEV, ADVANCING ECONOMIC GOVERNANCE IN THE PHILIPPINES

May 22, 2025 – Economy, Planning, and Development Secretary Arsenio M. Balisacan underscored the Philippines’ readiness to seize a pivotal opportunity for transformation, driven by bold reforms and strategic investments in innovation, infrastructure, and human capital to drive productivity and reach the country’s potential growth. This was the central message of his keynote address at continue reading : INVESTMENT, INNOVATION, INFRASTRUCTURE: KEYS TO BOOST PH PRODUCTIVITY—DEPDEV

 STATEMENT ON THE FIRST QUARTER 2025  PERFORMANCE OF THE PHILIPPINE ECONOMY  Arsenio M. Balisacan, PhD  Secretary, Department of Economy, Planning, and Development  9th Floor, PSA Headquarters, East Avenue Office, Quezon City  8 May 2025 | 10:00 AM  (Delivered by Undersecretary Rosemarie G. Edillon)  Friends from the media,  Fellow Filipinos,  Our colleagues from PSA and DEPDev  continue reading : As-Delivered Statement of DEPDev Secretary Arsenio M. Balisacan on the First Quarter 2025 Performance of the Philippine Economy

May 7, 2025 — The Philippines reaffirmed its position as a dynamic investment destination of choice in the global economy, as Department of Economy, Planning, and Development (DEPDev) Secretary Arsenio M. Balisacan showcased the country’s strong economic performance, desirable market features, structural reforms, and long-term development vision during the Philippine Economic Dialogue (PED) on Tuesday (May continue reading : ECONOMIC PERFORMANCE, ATTRACTIVE MARKET, AND STRUCTURAL REFORMS SET PH AS ASIA’S RISING INVESTMENT HUB—DEPDEV

May 7, 2025 – Demonstrating its strong commitment to improving job quality and addressing persistent labor market challenges, the Marcos administration is set to implement the Trabaho Para sa Bayan (TPB) Plan, according to the Department of Economy, Planning, and Development (DEPDev). The launch of the TPB Plan comes at a critical time, as the Philippine continue reading : PH ‘TRABAHO PARA SA BAYAN’ PLAN TO GUIDE GOV’T TOWARD A DYNAMIC LABOR MARKET, MORE QUALITY JOBS—DEPDEV

May 6, 2025 — The Department of Economy, Planning, and Development (DEPDev), as Vice Chair and Secretariat of the National Innovation Council (NIC), underscored the transformative power of innovation in driving inclusive growth and enhancing national competitiveness in this year’s celebration of National Innovation Day (NID).  Held from April 28 to 30, the event revolved around continue reading : PH CELEBRATES NAT’L INNOVATION DAY; NCR FINALISTS FOR FILIPINNOVATION AWARDS REVEALED 

May 6, 2025 – As the country’s inflation rate eased further to 1.4 percent in April 2025, down from 1.8 percent in March, the lowest since November 2019, the Marcos Administration reiterates its continued commitment to closely monitor commodity prices and implement measures to mitigate inflationary pressures, according to the Department of Economy, Planning, and continue reading : PH INFLATION DROPS TO LOWEST SINCE NOVEMBER 2019, GOV’T TO CONTINUE CLOSE MONITORING OF COMMODITY PRICES—DEPDEV

May 5, 2025 – The Department of Economy, Planning, and Development (DEPDev)* launched the Trabaho Para sa Bayan (TPB) Plan 2025-2034, the Philippines’ first 10-year Labor Market Development Plan, today (May 5).  This landmark initiative outlines a long-term strategic masterplan for job creation, labor market transformation, and inclusive workforce development over the next decade, aligning with continue reading : PH LAUNCHES 10-YEAR ‘TRABAHO PARA SA BAYAN’ PLAN TO TRANSFORM LABOR MARKET AND BOOST HIGH-QUALITY JOB CREATION