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(BusinessWorld) THE SENATE on Tuesday approved Senate Bill No. 1355, or the Philippine Innovation Act, on third and final reading, helping establish innovation policy that proponents hope will drive the economic development and inclusive growth. “There is no better timing for the passage of this Act than now. The recent economic and development agenda on national, regional ...

Elijah Joseph C. Tubayan (BusinessWorld) OVER HALF of the government’s programmed infrastructure projects for the next three years will be built outside Metro Manila, while the poorest five regions will get almost a sixth — in line with the administration’s plan to develop the countryside. According to the National Economic and Development Authority (NEDA), 2,857 infrastructure projects ...

Jefferson Antiporda (The Manila Times) THE unemployment problem in rural areas in the country may soon be addressed if the Senate immediately acts on the Rural Employment Assistance Program bill still pending at the committee level. Senator Juan Edgardo Angara, the author of Senate Bill (SB) 947, or “An Act Providing for Rural Employment Assistance Program and ...

The Regional Development Council (RDC) of the Cordillera Administrative Region (CAR) adopted the Cordillera Regional Development Plan (RDP) 2017–2022 and the Regional Development Investment Program (RDIP) during the RDC CAR’s second quarter meeting last April 7 at the Lay Formation, Teng-ab, Bontoc, Mountain Province, The RDP is anchored ...

Czeriza Valencia (The Philippine Star) MANILA, Philippines – The proposed 2017-2022 country partnership strategy (CPS) of the Asian Development Bank (ADB) for the Philippines would focus on infrastructure buildup in the Visayas and the South Central Mindanao Growth Corridor. In its updated member fact sheet for the Philippines, ADB said the new CPS would give emphasis on ...