Ernesto Pernia - updates

Rappler's latest stories on Ernesto Pernia

ARTICLE FINDER

[OPINION] Navigating the new globalization

Sep 19, 2019 - 5:30 PM

It is only through cultivating a high-trust society that this whole-of-society approach to development could work

Pernia lists steps to improve disappointing Philippine GDP growth

Aug 08, 2019 - 8:30 PM

The dismal state of agriculture, trade wars, and domestic politics are just some of the problems the government's economic team is facing

Villanueva asks NEDA if it's setting up endo bill for Duterte's veto

Jul 24, 2019 - 7:44 PM

Socioeconomic Planning Secretary Ernesto Pernia says the Security of Tenure bill, which is now up for the President's signature, still needs some tweaking to benefit both workers and employers

PH more likely to be upper-middle income in 2020 – Pernia

Jul 24, 2019 - 5:20 PM

After initially projecting that the Philippines would become an upper-middle income economy in 2019, Socioeconomic Planning Secretary Ernesto Pernia now says this is 'surer' in 2020

Philippines to fast-track costlier projects ahead of income status upgrade

Jun 19, 2019 - 10:50 AM

Once the Philippines achieves upper middle income status, the government will no longer be eligible for Japan's Special Terms for Economic Partnership funding

LOANS. The Philippines will no longer be eligible for special loan funding terms with Japan once it upgrades to upper middle income status. File photo by Jire Carreon/Rappler

Philippine economic team flies to China for infrastructure projects

Mar 18, 2019 - 9:05 PM

President Rodrigo Duterte's economic team will meet with Chinese counterparts to score new infrastructure deals

Panelo thumbs down Pernia-backed 'Department of Water'

Mar 18, 2019 - 1:50 PM

Such a department is not necessary, says Presidential Spokesperson Salvador Panelo, contrary to the view of Socioeconomic Planning Secretary Ernesto Pernia

On Wednesday, March 06, 2019, the water level at the La Mesa dam in Quezon City, has reached 69.35 ft. from its 78 ft. normal level due to receding water following months of very little rain. Metro Manila potable water consumers are now experiencing low water pressure and in some areas no water service. Photo by Darren Langit/Rappler

We need a Department of Water – Pernia

Mar 16, 2019 - 7:33 PM

'We don't have a Department of Water that would centralize all activities having to do with water resource, distribution, and supply so we don't get into this kind of crisis,' says Socioeconomic Planning Secretary Ernesto Pernia

NO WATER. Containers are being sold fast in the markets due to the water shortage. Photo by Darren Langit/Rappler

Duterte asked to veto provisions in rice tariffication bill

Feb 04, 2019 - 5:30 PM

Various groups in the rice industry urge President Rodrigo Duterte to veto provisions which they say would lead to loss of jobs

VETO SOUGHT. Various sectors under the rice industry call for President Rodrigo Duterte to veto provisions in the rice tariffication bill, which only needs his signature to become a law. Photo by Anna Mogato/Rappler

Pernia worried about weak Philippine exports

Jan 10, 2019 - 8:00 PM

Socioeconomic Planning Secretary Ernesto Pernia says the government should support local businesses to make them globally competitive

'RH Bill Story' launch: Fight for reproductive rights continues

Oct 21, 2018 - 8:58 PM

Marilen Dañguilan, a medical doctor trained in policymaking, launches her book 'The RH Bill Story: Contentions and Compromises'

BOOK LAUNCH. Marilen Dañguilan launches her book 'The RH Bill Story: Contentions and Compromises.' Photo by Leanne Jazul/Rappler

Duterte cuts red tape in importing agricultural products

Sep 25, 2018 - 12:32 PM

President Rodrigo Duterte signs Administrative Order No. 13, removing non-tariff barriers in the importation of agricultural products

IMPORTATION. President Rodrigo Duterte orders the cutting of red tape in importing agricultural products. File photo by AFP

Philippines to become upper-middle income country by 2019 – Pernia

Sep 18, 2018 - 3:55 PM

The Philippines is poised to join the ranks of upper-middle income countries China, Thailand, and Malaysia, says Socioeconomic Planning Secretary Ernesto Pernia

GROWTH. Economic managers project the Philippines to join the upper-middle income band. Photo by Martin San Diego/Rappler

GROWTH. Economic managers project the Philippines to join the upper-middle income band. Photo by Martin San Diego/Rappler


Pernia denies manipulating August 2018 inflation data

Sep 10, 2018 - 8:20 PM

There are rumors that the August 2018 inflation rate was at 6.6% and not 6.4%

Economic managers pressure Piñol to curb soaring inflation

Sep 05, 2018 - 3:30 PM

The rising prices of agricultural goods are seen as the 'main drivers of inflation,' and the Department of Agriculture headed by Secretary Emmanuel Piñol 'must act quickly'

Business groups support economic managers over federalism risks

Aug 13, 2018 - 2:20 PM

The groups 'echo the concerns of fiscal and economic experts about the ambiguous provisions on the division of revenue and expenditure responsibilities' under federalism

Economic managers DBM Sec. Benjamin Diokno (2nd-right), NEDA Sec. Ernesto Pernia (2nd-left), BSP Deputy Governor Diwa Guinigundo (right), DOF Sec. Carlos Dominguez (left) on Tuesday, July 31, 2018, during hearing on the proposed P3.8-trillion budget for 2019. Photo by DARREN LANGIT

Recto defends Duterte economic team on federalism

Aug 12, 2018 - 4:08 PM

'Before we communicate what federalism is, can we not first calculate what its cost will be?' says Senate President Pro-Tempore Ralph Recto

Economic managers DBM Sec. Benjamin Diokno (2nd-right), NEDA Sec. Ernesto Pernia (2nd-left), BSP Deputy Governor Diwa Guinigundo (right), DOF Sec. Carlos Dominguez (left) on Tuesday, July 31, 2018, during hearing on the proposed P3.8-trillion budget for 2019. Photo by DARREN LANGIT

BSP’s interest hike won't address supply-driven inflation – Pernia

Aug 10, 2018 - 9:58 PM

Socioeconomic Planning Secretary Ernesto Pernia says tightening of monetary policy by the Bangko Sentral ng Pilipinas 'will not directly address the supply side of inflation'

PERNIA. NEDA Sec. Ernesto Pernia on Tuesday, July 31, 2018, during hearing on the proposed P3.8-trillion budget for 2019. Photo by Darren Langit

Con-Com member asks Duterte to fire Dominguez, Pernia

Aug 09, 2018 - 4:56 PM

Father Ranhilio Aquino says the recent remarks of the two secretaries may indicate President Rodrigo Duterte himself has grown 'cool to federalism'

All Cabinet members support federalism, insists Malacañang

Aug 09, 2018 - 1:52 PM

It is 'incumbent' upon all Cabinet members to make the shift to federalism happen, says Presidential Spokesman Harry Roque, after two economic managers questioned the Consultative Committee's draft charter

President Rodrigo Roa Duterte shares a light moment with the members of his cabinet before presiding over the 21st Cabinet Meeting at the Malacañan Palace on January 8, 2018. Also in the photo are Executive Secretary Salvador Medialdea and Finance Secretary Carlos Dominguez III. SIMEON CELI JR./PRESIDENTIAL PHOTO

NEDA hits dismal Q2 agriculture output

Aug 09, 2018 - 1:11 PM

Look more closely into rice cartels and smuggling, Socioeconomic Planning Secretary Ernesto Pernia urges the Department of Agriculture

Senators question P90-M budget for federalism info drive

Aug 08, 2018 - 2:12 PM

'Wala pa ngang approved federalism. Ano'ng ikakampanya natin? We don’t even know in what shape, size, color, or form that is,' Senator Francis Escudero tells the country's economic managers

Senate Hearing SEC on February 12. Photo by Angie de Silva/Rappler

NEDA launches good governance website

Aug 01, 2018 - 2:45 PM

The Philippines' rankings in ease of doing business, economic freedom, and global competitiveness are just some of the data accessible on the website

Pernia: 43 of 75 flagship infra projects done in 2 years

Jul 26, 2018 - 1:52 PM

Socioeconomic Secretary Ernesto Pernia says that's a 'good batting average'

INFRASTRUCTURE. This photo taken on April 11, 2018, shows workers on a construction site beside a highway with heavy traffic in Manila. Photo by Noel Celis/AFP

Roque counters Pernia: Federalism won't harm budget, economy

Jul 18, 2018 - 2:25 PM

'Our budget would remain the same,' claims Presidential Spokesperson Harry Roque, in response to Socioeconomic Planning Secretary Ernesto Pernia's assertion that a shift to federalism would 'wreak havoc' on the economy

#ThewRap: Things you need to know, July 18, 2018

Jul 18, 2018 - 12:12 PM

Hello! Here's a roundup of news you need to know this Wednesday.

At least 206 families, 829 individuals evacuees in Barangay Silangan in Quezon City on Wednesday, 18, 2018 who gather at the Barangay covered court for shelter due to continues downpour enhanced by Tropical Depression Henry that left their houses flooded. Photo by DARREN LANGIT

Federalism will ‘wreak havoc’ on Philippine economy – Pernia

Jul 17, 2018 - 3:43 PM

'[The] momentum of infrastructure improvement in the regions is going to be disrupted,' Socioeconomic Planning Secretary Ernesto Pernia says

What Duterte's economic team did not say during the pre-SONA 2018 forum

Jul 06, 2018 - 10:02 PM

The dip in Philippine competitiveness ranking, missing the 2017 labor target, and slow implementation of infrastructure projects are left out during the 'Tatak ng Pagbabago: Tatak ng Pag-unlad' forum

THE ECONOMY'S HEALTH. Public Works and Highways Secretary Mark Villar (left), Finance Secretary Carlos Dominguez III (middle), and Socioeconomic Planning Secretary Ernesto Pernia (right) reported the various efforts of their respective agencies during the pre-state of the nation (SONA) forum. Pernia's photo by Albert Alcain/Presidential Photo, Dominguez' photo by Toto Lozano/Presidential Photo, Villar's photo by Malacañang Photos

Gov't now expects 2018 inflation to reach as high as 4.5%

Jul 02, 2018 - 5:55 PM

The government previously pegged inflation at just within 2% to 4%, but prices keep rising. Meanwhile, the deficit forecast is also raised to 'sustain the momentum of the Build, Build, Build program.'

Philippines 'extra careful' with China loans – NEDA

Jun 27, 2018 - 4:30 PM

Socioeconomic Planning Secretary Ernesto Pernia says he is well-aware of the experiences of countries like Sri Lanka which fell into Beijing's debt-trap diplomacy

What Duterte, economic managers said about the poor

Jun 27, 2018 - 2:30 PM

In his second year in office, President Rodrigo Duterte draws flak for insisting that rehabilitating poor drug addicts is useless. Meanwhile, economic managers downplay inflation.

The many times Duterte and his Cabinet contradicted each other

Jun 20, 2018 - 2:00 PM

Rice supply, salary increases for teachers and soldiers, briefings on Chinese harassment in Ayungin Shoal, ban on Rappler – these are just some of the issues over which the President didn't seem to consult his alter egos before speaking

President Rodrigo Roa Duterte makes a short pause during the 26th Cabinet Meeting to accommodate his daughter Veronica who dropped by at the Malacañan Palace to visit her father on June 11, 2018. RICHARD MADELO/PRESIDENTIAL PHOTO

P42,000-budget for a family of 5 not official NEDA estimate – Pernia

Jun 08, 2018 - 1:43 PM

National Economic and Development Authority Secretary Ernesto Pernia says at least two family members should work to allow the family to live a comfortable life

#ThewRap: Things you need to know, May 22, 2018

May 22, 2018 - 11:51 AM

Hello! Here are the stories you shouldn't miss this Tuesday

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May 03, 2018 - 7:41 PM

Watch Rappler's evening newscast with Mara Cepeda

Budget dep't releases P448M for Boracay workers

Apr 27, 2018 - 6:30 PM

Budget chief Benjamin Diokno says the funds for Boracay are charged against the fiscal year 2018 contingent fund in the national budget

Philippines hopes to pass rice tariffication law in 2018

Apr 24, 2018 - 7:00 PM

The rice tariffication bill aims to amend the present agricultural policy, which allows the National Food Authority to monopolize rice importation

RICE TARIFFICATION. Even if 250,000 MT of imported rice is scheduled to arrive in May, the government says this will not be able to meet the country's rice demand in the succeeding months

Philippine economy to lose up to P1.96 billion over Boracay closure

Apr 24, 2018 - 4:10 PM

Socioeconomic Planning Secretary Ernesto Pernia says the growth rates of Western Visayas 'will be trimmed'

ECONOMIC IMPACT. Upon the orders of President Rodrigo Duterte, Boracay Island will be closed to tourists for 6 months starting Thursday, April 26. Photo by Angie De Silva/Rappler

With rising inflation, NEDA calls for measures to help the poor

Mar 06, 2018 - 7:25 PM

Socioeconomic Planning Secretary Ernesto Pernia says the government 'must pay closer attention to the poor,' as inflation hits a new 3-year high

Philippine inflation hits new 3-year high at 4.5% in February

Mar 06, 2018 - 10:17 AM

(3rd UPDATE) Higher prices of food and drinks, among others, drive the cost of living up, with inflation at its fastest rate since August 2014

NEDA seeks to strengthen trade ties with U.S.

Feb 21, 2018 - 9:30 PM

Philippine Socioeconomic Planning Secretary Ernesto Pernia says there is a need to explore more free trade agreements with the United States to foster investment opportunities

Inflation slows to 3.3% in November amid lower food prices

Dec 05, 2017 - 4:25 PM

A slowdown is seen in November after 4 straight months of rising prices

New list of investment areas off-limits to foreigners now on Duterte's desk

Nov 07, 2017 - 8:30 PM

This list – shortened compared to the previous one – is seen to boost foreign direct investments flowing into the Philippines

OPENING UP. The new list is now on President Rodrigo Duterte's desk. Business groups have pointed out that lifting some restrictions on foreign ownership would drive up foreign investment in the country. Presidential photo by Karl Alonzo

Rising food prices push PH inflation higher in September

Oct 05, 2017 - 1:45 PM

(UPDATED) Faster price increases are recorded for corn, fish, and vegetables, among others, based on data from the Philippine Statistics Authority

Pernia wants changes in Senate version of tax reform bill

Oct 02, 2017 - 8:35 PM

There could be fewer infrastructure projects if the Senate version will be adopted, says Socioeconomic Planning Secretary Ernesto Pernia

ALMOST HALF. According to DOF estimates, the Senate's version of tax reform would only yield P59.9 billion in total incremental revenues. This is less than half of the P133.8 billion under the version approved by the House of Representatives in May. Rappler graphics

PH plans to lower required capital for foreign retailers

Oct 02, 2017 - 3:15 PM

From the required minimum paid-up capital of $2.5 million under Philippine law, the government wants to make it $200,000 – a 92% cut

RELAX RESTRICTIONS. The plan to liberalize retail trade would form part of the 'shortened' list of investment areas or activities reserved solely for Filipinos, which is set to be released by the government by end-2017. File photo

PH to add more sectors allowing 100% foreign ownership

Sep 14, 2017 - 10:15 PM

I want to be more aggressive and to be at par with other ASEAN countries says Socioeconomic Planning Secretary Ernesto Pernia

MORE AGGRESSIVE. 'I want a more aggressive liberalization. The draft list is too puny in terms of changes. I want to be more aggressive and to be at par with other ASEAN countries,' Socioeconomic Planning Secretary Ernesto Pernia says. File photo

Ledac agrees to pass federalism, national ID bills by December

Aug 30, 2017 - 7:20 PM

The two bills along with 12 others are classified as urgent by the Ledac Executive Committee

Espenido on Mabilog, Robredo, Kim Jong-Un | Midday wRap

Aug 30, 2017 - 12:45 PM

Watch the midday newscast with Natashya Gutierrez

2nd Ledac meeting to tackle priority bills, new departments

Aug 25, 2017 - 6:08 PM

The President is set to convene the Legislative Development Advisory Council for the 2nd time

FIRST LEDAC. President Rodrigo Roa Duterte presides over the first Legislative-Executive Development Advisory Council (LEDAC) Meeting at the State Dining Room of Malacañan Palace on January 30, 2017. File photo by Rey Baniquet/Presidential Photo