The Philippines’ private label retail sector is projected to see greater growth in 2025, driven by the projected five-percent increase in grocery food and beverage sales, according to the United States Department of Agriculture (USDA). In its report issued on Jan. 15, the USDA-Foreign...
Calling it an added burden, a group of private school teachers strongly condemned the planned Social Security System (SSS) contribution hike set to take effect in 2025. (MANILA BULLETIN / FILE PHOTO) The Alliance of Concerned Teachers (ACT) Private Schools, in a statement issued on Jan. 5, called...
The Department of Education (DepEd) announced on Friday, Dec. 20, its plan to launch a new wave of Public-Private Partnership (PPP) projects aimed at designing, financing, and constructing 15,000 classrooms in approximately 1,600 schools across nine regions starting next year. (DepEd / MB Visual...
The Asian Development Bank (ADB) has approved a $30 million loan to support the government’s public-private partnership (PPP) projects, aiming to bolster infrastructure development, advance climate action, and enhance economic competitiveness. In a statement on Friday, Dec. 13, the Manila-based...
The Private Sector Advisory Council (PSAC) applauded the signing into law of a measure granting value-added tax (VAT) refunds to non-resident tourists. In a statement, Sabin Aboitiz, PSAC lead convenor and Aboitiz Group president and chief executive officer, said the new law, a key council...
Two proposed transport infrastructure projects by Megawide Construction Corporation and Maplecrest Group, Inc. are now under comparative challenge status, according to the Public-Private Partnership (PPP) Center. The Cavite Bus Rapid Transit (BRT) System and the Baguio City Integrated Terminal...
President Marcos has approved the recommendations of the Private Sector Advisory Council (PSAC) to enhance efforts to boost the tourism industry following the signing into law of the VAT Refund for Non-Resident Tourists. President Ferdinand 'Bongbong' Marcos Jr. (File photo) During their meeting in...
The Japan International Cooperation Agency (JICA) is committed to assisting the Philippines in rolling out quality road and bridge infrastructure projects paving the way towards inclusive, resilient as well as sustainable growth and development. "JICA is in the unique position to support the...
Acciona, a global sustainable infrastructure company, announced plans to expand its investments in the Philippines and continue collaborating with government and local partners on transformative projects. In a statement, Jose Diaz-Caneja, Acciona Infrastructure chief executive officer, said the...
The Asian Development Bank (ADB) is pushing to equip local government units (LGUs) in the Philippines with the know-how to roll out more public-private partnership (PPP) projects. "The success of PPP projects largely depends on the capability of implementers. The PPP Center alone will not be able...
A government that is friendly to public-private partnerships (PPPs) like the current Marcos Jr. administration is helping big-ticket infrastructure projects take advantage of tycoons' deep pockets, according to the World Bank. In a Nov. 13 blog, World Bank advisor on infrastructure and climate...
The Association of Christian Schools, Colleges, and Universities (ACSCU) has called on the government to expand the Government Assistance to Students and Teachers in Private Education (GASTPE) program to help alleviate overcrowding in public schools. (Photo from Unsplash) “Through GASTPE,...
