The Marcos Jr. administration is accelerating infrastructure spending in the second half of the year, boosting planned national and local capital outlays by ₱209.5 billion over the first six months to hit its ₱1.27-trillion disbursement target for 2026. According to the national government’s...
The leadership fund was never mentioned to President Marcos and was never brought up in past meetings, Malacañang said. Palace Press Officer and Communications Undersecretary Claire Castro disclosed that the so-called leadership fund was never discussed with the President. Castro also said that...
Malacañang said the Marcos administration is keen on resolving issues surrounding infrastructure project implementation, noting that the release of funds has been expedited to ensure the timely completion of various initiatives. However, the government 's eagerness to resolve the...
Malacañang said the Marcos administration welcomes criticism but will challenge allegations against the government that it considers unsupported by evidence. Presidential Communications Office (PCO) Undersecretary Claire Castro made the statement after Caloocan Second District Rep. Edgar Erice...
President Marcos has vowed to hold accountable all individuals responsible for the anomalous implementation of government infrastructure projects, stressing that the government must ensure these projects deliver the protection and services Filipinos need. Speaking at the Foreign Correspondents...
Cabinet-level interagency Development Budget Coordination Committee (DBCC) has projected weaker state spending on infrastructure for 2027, even as the government seeks to revive flood control funding. According to the updated national government fiscal program for 2025 through 2029, the DBCC...
The Philippine economy faces an uphill battle in the second half of 2026 after posting its weakest post-pandemic growth, with private sector economists warning that faster infrastructure spending, easing inflation, and stronger investor confidence will determine whether the country can meet the...
The Philippines is lining up another $3.5 billion in loans from the Asian Infrastructure Investment Bank (AIIB), the Asian Development Bank (ADB), and the World Bank, based on preliminary project documents, adding to the previously identified $8.9-billion indicative pipeline of multilateral...
A Metro Manila congressman wants to institutionalize the periodic inspection and maintenance of national government infrastructure projects, and in effect allow the Department of Public Works and Highways (DPWH) access to these sites or locations. Parañaque City 2nd district Rep. Brian Raymund...
Malacañang trusts that Senator Panfilo Lacson will not allow any calls for a truce with Senator Alan Peter Cayetano to compromise the ongoing investigation into the infrastructure projects in Taguig City. Palace Press Officer and Communications Undersecretary Claire Castro said that, given Senator...
Dear President Ferdinand R. Marcos Jr., Don’t leave pedestrians and cyclists behind. Every State of the Nation Address tells us where our country is headed. This year, I listened as someone who has spent the past several years working alongside people who rely on our roads every day, not behind...
Kansai Electric Power Co. agreed to acquire a 14 percent equity stake in the parent company behind the 600-megawatt energy storage facility in the Philippines, the Japanese utility’s maiden investment in an overseas pumped storage hydropower project. In a disclosure to the Philippine Stock...