An amendment seeking to address the private sector’s concerns and create a more enabling policy environment for infrastructure projects is in the works, the National Economic and Development Authority (NEDA) said. During the 12th Arangkada Philippines Forum yesterday, NEDA Secretary Arsenio M....
Guidelines that will allow the management and procurement of consultants for the Revised Project Development and Monitoring Facility (PDMF) Fund were published on Tuesday, Oct. 24. The Public-Private Partnership (PPP) governing board has approved the PDMF guidelines covering the application process...
President Marcos’ chief economic manager has pitched investment opportunities in the Philippines to leaders of Luxembourg-based funds and business groups. During the Business Forum and Networking Lunch hosted by the Luxembourg Stock Exchange (LuxSE), Finance Secretary Benjamin E. Diokno...
DINE WITH A VIEW Latitude Restaurant is the social hub of Banwa Private Island—the place to dine and relax together with your family and friends Banwa Private Island, a multi-award-winning all-villa retreat nestled in the heart of Palawan, Philippines, has been awarded the prestigious...
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...
