The Private Sector Advisory Council (PSAC) Healthcare Sector has welcomed the progress of PhilHealth’s YAKAP Program and other healthcare reforms under the Marcos administration aimed at easing the financial burden of Filipino families. During the 10th meeting of the PSAC Healthcare Sector with...
International Finance Corp. (IFC) has approved its planned investments in two private equity (PE) funds that are eyeing investments in the Philippines and the broader Southeast Asian region. In disclosures last May 7 and April 24, respectively, the World Bank Group’s (WBG) private-sector lending...
The Marcos administration’s infrastructure pipeline has swelled to 252 public-private partnership (PPP) projects valued at ₱3.16 trillion, as a surge in massive railway developments across the country drives the primary development agenda. Data from the PPP Center showed the transportation...
Battle lines are slowly but surely being drawn in anticipation of the Senate impeachment trial against Vice President Sara Duterte. On the part of the House of Representatives, Committee on Justice chairperson and prospective lead prosecutor Batangas 2nd district Rep. Gerville "Jinky Bitrics"...
More than a year after an unsolicited proposal was first submitted, the Subic Bay Metropolitan Authority (SBMA) has formally launched the Swiss challenge for the ₱6.2-billion Subic Bay International Airport (SBIA) project, opening the door to rival bidders for an airport that would complement the...
The Private Sector Advisory Council (PSAC) is recommending the restart of temporarily shelved infrastructure projects and other measures to help cushion the impact of the Middle East crisis on the economy. PSAC said it is critical that the government implement measures to protect jobs and sustain...
President Marcos said the government agrees with the private sector on strategies to mitigate the impact of the tensions in the Middle East. “Ang magandang naging resulta dito (The good result here was) we are very much in agreement with the private sector advisors kung ano yung dapat gawin to...
Private companies were strongly urged to adopt flexible work arrangements to lessen transportation demand and costs as the country was placed under a state of national energy emergency. President Marcos made the call on Tuesday, March 24, through Executive Order (EO) No. 110 which declared a state...
Manila Mayor Francisco "Isko Moreno" Domagoso urged owners of various architectural landmarks and heritage sites in the city to coordinate with the city government in the preservation and rehabilitation of these structures that not only showcase the skills of their builders and designers but have...
Senator Francis “Kiko” Pangilinan is now pushing for the passage of a measure that seeks to establish a Private Basic Education Voucher Program that will extend financial assistance to private school learners from low- and middle-income households. In filing Senate Bill No. 1841, or the...
Expanding the education voucher program strategically could significantly reduce overcrowding in public schools operating on double and triple shifts, according to the Second Congressional Commission on Education (EDCOM 2). During a joint public hearing of the Senate Committee on Basic Education on...
More than 16,000 new classrooms are set to rise across high-need areas nationwide after the Department of Education (DepEd) secured government approval for a P105.7-billion public-private partnership (PPP) project— a major infrastructure push expected to ease chronic overcrowding and directly...
