The International Finance Corporation (IFC), which serves as the World Bank Group’s (WBG) private sector investment arm, lauded the Philippines’ new and improved policy framework for public-private partnerships (PPPs). In a meeting with Finance Secretary Benjamin E. Diokno, IFC Regional Vice...
The National Economic and Development Authority (NEDA) has welcomed the approval of the Public-Private Partnership (PPP) Act on its third and final reading. With 20 affirmative votes, the upper chamber on Monday, Sept. 25, passed the Senate Bill No. 2233, or the proposed PPP Act, which aims to...
With 20 affirmative votes, the Senate unanimously approved on third and final reading the proposed Public-Private Partnership (PPP) Act. Sen. Joseph Victor "JV" Ejercito, who principally sponsored and authored Senate Bill No 2233, said the measure will strengthen and revolutionize the way...
Senator Grace Poe said the effective implementation of Public Private Partnership (PPP) projects will lead to more better infrastructure programs and employment opportunities for Filipinos. Poe said much hope lies on the PPPs in improving the country’s airports, and the rest of its...
The Department of Finance (DOF) has welcomed the recent progress in consolidating legal frameworks for public-private partnership (PPP) projects. In a statement, Finance Secretary Benjamin E. Diokno said the enactment of Senate Bill No. 2233, also known as the PPP Act, would facilitate trade,...
The private education system in the country will “collapse” if the No Permit, No Exam Prohibition bills are passed into law according to the largest private school groups in the Philippines. Photo from Unsplash The groups, in a statement, reiterated that if the bills are enacted into law,...
LONDON, England – The Department of Energy (DOE) is seriously planning installations for a ‘parallel green grid system’ that will underpin the integration of mammoth renewable energy (RE) facilities, primarily the 50-gigawatt offshore wind (OSW) ramp up which is the dominant technology cast...
DUMAGUETE CITY (PNA) – A suspected member of a private armed group (PAG) in Bayawan City, Negros Oriental was arrested over the weekend after yielding illegal firearms, ammunition, and suspected shabu. A report from the Negros Oriental Police Provincial Office (NOPPO) on Monday, September...
The Department of Finance (DOF) has stated that simplifying regulations and procedures for infrastructure projects will lead to quicker approvals for Public-Private Partnership (PPP) initiatives. Finance Secretary Benjamin E. Diokno said that prompt evaluation of projects is crucial in creating a...
The Private Sector Advisory Council (PSAC) believes the Philippines will become Asia-Pacific's leading educational tourism hub once it streamlines visa procedures. PSAC MEETING — President Marcos meets with the Private Sector Advisory Council - Tourism group (PSAC-Tourism) in Malacañang...
President Ferdinand “Bongbong” Marcos Jr. has expressed support for moves to streamline visa applications for tourists and international students in order to promote the Philippines as a center of education in the Asia-Pacific region. File photos According to the Presidential Communications...
Private schools believe that their financial viability will be compromised under the passage of the "no permit, no exam" ban claiming that it is "tantamount to a death sentence" as it will force them to cut corners in their operations and cause systemic damage to the private...
