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...
Former senator Joseph Victor “JV” Ejercito on Friday expressed his belief the armed conflicts in the Philippines will “die a natural death” once the government addresses the roots of poverty, especially among rural communities. “When there’s already food, when there are jobs and...
Presidential candidate Ferdinand “Bongbong” Marcos, Jr. has vowed to pursue the construction of the proposed bridge that would link Iloilo, Guimaras and Negros Occidental should he win the presidency in the May 2022 elections. Marcos made the promise during the UniTeam’s political rally at...
Senatorial candidate Joseph Victor “JV” Ejercito on Friday expressed belief that Central Luzon holds a unique position in the country’s infrastructure development. In a statement, Ejercito said major infrastructure projects such as the North-South Commuter Railway and New Clark International...
Senate Minority Leader Franklin Drilon on Thursday criticized the government over the P1.44-trillion worth of infrastructure projects that the Commission on Audit (COA) had earlier flagged. COA has called out 17 government agencies over delayed, abandoned and idle infrastructure projects amounting...
The Asian Development Bank (ADB) announced another loan to the Philippine government, but this time the financing will fund the construction of bridges over the Marikina River to improve road traffic flow in Metro Manila. In a statement, the Manila-based multilateral institution said on Wednesday,...
Anakalusugan Rep. Michael Defensor has warned of “a creeping surge in bicycle road accidents” including fatal ones due to the lack of safe mobility infrastructure in the country. “In Metro Manila alone, we saw a 48 percent jump in bicycle road crashes in 2020. The rate of increase in...
The Duterte administration will amend the the implementing rules and regulations (IRR) of the build-operate-transfer (BOT) law to remove the “onerous,” “excessive,” and “undue” terms, the National Economic and Development Authority (NEDA) said. In a statement, the NEDA said on Tuesday,...
The Office of the President (OP) has assured senators that it will prioritize and speed up government programs and projects whose funds were identified as "for later release" (FLR), as well as the "institutional amendments" of lawmakers in this year's national budget. Senator Juan Edgardo 'Sonny'...
Malacañang assured the public that all savings from discontinued programs went to infrastructure projects necessary in the country's fight against the coronavirus (COVID-19) pandemic. Presidential Spokesman Harry Roque (Malacañang photo) Presidential Spokesman Harry Roque made the statement...
The Presidential Communications Operations Office (PCOO) has highlighted infrastructure projects under the Duterte administration that aim to give focus on news and information coming from regions in the country other than Metro Manila. PCOO Secretary Martin Andanar ( Photo from Martin Andanar's...
