President Marcos has approved the review of the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law, the National Economic and Development Authority (NEDA) said. At the Economic Journalists Association of the Philippines (EJAP) forum on Wednesday, Aug. 17, Socioeconomic...
The House of Representatives has converted the special Committee on Flagship Programs And Projects into a standing committee. The House plenary (PPAB) Senior Deputy Majority Leader Ilocos Norte 1st district Rep. Sandro Marcos motioned to convert the particular special committee during the plenary...
The Department of Finance (DOF) wants to amend the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law to lure private investments to Public-Private Partnerships (PPP). In a statement on Tuesday, Aug. 16, Finance Secretary Benjamin E. Diokno said the DOF is planning to...
TACLOBAN CITY - The national government has approved high-impact infrastructure projects that will be implemented in the coming years in Northern Samar province. This includes the construction of Laoang Bridges 2 and 3, which Northern Samar Governor Edwin Ongchuan has been pushing since he became...
Senator Sonny Angara expressed support for the recent call of President Marcos Jr. for local government units (LGUs) to work with the private sector in their projects. Angara, chairman of Senate Committee on Finance, believed public-private partnerships (PPPs) will be helpful at a time when...
Members of fisherfolk group "Pambansang Lakas ng Kilusang Mamamalakaya ng Pilipinas" (PAMALAKAYA) staged a protest in front of the Department of Environment and Natural Resources (DENR) office in Quezon City on Friday, August 5, challenging DENR Secretary Ma. Antonia Yulo-Loyzaga to “take a stand...
State-run Government Service Insurance System (GSIS) has expressed interest to participate in the infrastructure program that the Marcos administration wants to pursue over the next six years. In a briefing, Jose Arnulfo “Wick” Veloso, GSIS president and general manager, said the pension fund...
President Ferdinand "Bongbong" Marcos Jr. wants to keep the momentum going in terms of the country's infrastructure development. President Ferdinand 'Bongbong' Marcos Jr. in his first State of the Nation Address (SONA) on July 25, 2022. (Noel Pabalate) In his first State of the Nation Address...
The construction of three big-ticket railway projects in the Philippines, which was recently bared to have been withdrawn, under loan agreement with China will push through. According to China's Foreign Ministry spokesman Wang Wenbin, "the construction of more projects, including three railways, is...
Senator Grace Poe on Sunday, July 17 welcomed the Marcos administration’s plan to renegotiate the country’s loan agreements with China for the three big-ticket railway projects that were initiated by the Duterte government. “The President's directive presents an auspicious opportunity to go...
China has revealed that it has been "negotiating technical issues" with the Philippines over its infrastructure projects, adding that it is open for more discussions on future projects under the new administration. President Ferdinand 'Bongbong' Marcos Jr. and Chinese Foreign Minister Wang Yi...
The Marcos administration should no longer pursue the planned loans from China to finance three big railway infrastructures under former president Rodrigo Duterte’s “Build, Build, Build” program, a lawmaker said on Sunday, July 17. Philippine National Railways (File photo/PNA) Former House...
