National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan said that the signing into law of the Public-Private Partnership (PPP) Code of the Philippines will create a more stable policy environment for infrastructure projects. "The PPP Code will enable much-needed development...
The proposed Public-Private Partnership (PPP) code would harmonize the regulations of the national government with those of local government units (LGUs), which will spur greater investment. Ma. Cynthia C. Hernandez, PPP Center executive director, said the new code will bolster the government’s...
President Marcos has urged Asia-Pacific leaders to expand the regional bloc's cooperation with the business sector in advancing their agendas. President Ferdinand 'Bongbong' Marcos Jr. (Photo courtesy of Malacañang) In his opening remarks at the Asia-Pacific Economic Cooperation (APEC) CEO Summit...
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,...
