Neophyte Senator Mark A. Villar has filed the Build, Build, Build Act which seeks to institutionalize and create a 30-year National Infrastructure Program. Sen. Mark A. Villar Villar, a former Department of Public Works and Highways (DPWH) secretary, explained that this is in line with his...
In line with its thrust to support new and renewable energy sources, the Development Bank of the Philippines (DBP) approved a P660-million loan to develop the 4.6 megawatt (MW) Dupinga Mini Hydropower project in Gabaldon, Nueva Ecija. “The funding support for the Dupinga Project will help achieve...
The Cavite-Laguna Expressway (CALAX) will open its Silang (Aguinaldo) Interchange in the second half of this year, extending the tollway's operational sections from Mamplasan, Laguna, to Aguinaldo Highway in Silang, Cavite. Todate, the 3.9-kilometer 2x2 lane CALAX subsection is 56 percent...
Outgoing Vice President Leni Robredo on Monday, June 20, expressed support to incoming Vice President-elect Sara Duterte and her staff, promising to always be available if they would need anything in the future. Vice President Leni Robredo and Vice President-elect Sara Duterte (Photos from Robredo,...
PLDT Inc. recently deployed additional submarine cable links to connect major islands in Southern Luzon and Visayas for the first time, expanding its fiber service to Burias Island in Masbate, Lubang Island in Occidental Mindoro and Semirara Island in Antique. The fiber connectivity will improve...
An official of the Department of the Interior and Local Government (DILG) will recommend the use of crime-monitoring projects to the incoming officials of the department. “Nasa sa kanila na po yun kung gusto nilang ipagpatuloy pero highly recommended po yun, kung nasimulan lang sana ng maaga nung...
The Export Import Bank of Korea-Economic Development and Cooperation Fund (KEXIM-EDCF) has sealed a loan to the Philippines to finance the engineering services for the Panay-Guimaras-Negros Island bridges project. In a statement, the Department of Finance (DOF) said that the Philippines and Korea...
BAGHDAD, Iraq – Garbage clogs the banks of Iraq's Tigris River in Baghdad but an army of young volunteers is cleaning it, a rare environmental project in the war-battered country. With boots and gloves, they pick up soggy trash, water bottles, aluminium cans and muddy styrofoam boxes, part...
Construction of the three bridges funded by the the Asian Development Bank (ADB) will commence this second quarter or within the last three months of the Duterte administration, the Department of Finance (DOF) said. In a statement, Finance Secretary Carlos G. Dominguez III said the $175.1-million,...
Presidential candidate Panfilo ‘Ping’ Lacson on Wednesday, March 30 told residents of Zamboanga City of his plans to alleviate widespread poverty in the country by refining and streamlining ‘Pantawid Pamilyang Pilipino Program’ (4Ps). At a town hall forum hosted by Southern City...
The next administration would need to continue the ongoing infrastructure projects of the current government to support foreign direct investment (FDI) inflows, the Department of Finance (DOF) said. Finance Chief Economist Gil S. Beltran said on Friday, March 25, that the ongoing infrastructure...
The Department of Finance (DOF) has proposed the creation of a risk management office (RMO) that will identify and evaluate contingent liabilities and other risks assumed by the government in relation to public private partnership (PPP) projects. In a statement, Grace Karen G. Singson said on...
