The Department of Finance (DOF) secured concessional financing for big-ticket infrastructure projects under President Marcos’ Build Better More Program as well as grants for various development projects to support the country’s rapid growth. Since the beginning of the Marcos administration, the...
San Miguel Corporation (SMC) announced it will again waive toll fees at all its expressways on the eve of New Year’s Day, an annual tradition the company’s infrastructure unit fulfills in the spirit of the holidays, and to show its appreciation for motorists’ continued patronage. SMC...
The Marcos administration has assured that the newly enacted Public-Private Partnership (PPP) Code of the Philippines will not lead to any interruptions in the ongoing projects. In a statement on Saturday, Dec. 23, the PPP Center said the government has a policy-making body to ensure a smooth...
Efficient implementation of catch-up plans has positioned the Marcos administration to exceed its infrastructure spending target for this year, data from the Development Budget Coordination Committee (DBCC) showed. The DBCC, an inter-agency body responsible for setting the government’s...
ACT-CIS Party-list Rep. Erwin Tulfo (Facebook) ACT-CIS Party-list Rep. Erwin Tulfo wants the government to speed up its construction of infrastructure projects to the level of other countries. For this purpose, Tulfo led the filing of House Bill (HB) No....
Malacañang has released a copy of a joint memorandum circular that sets the rules and regulations of Executive Order (EO) No. 32, or the “Streamlining the Permitting Process for the Construction of Telecommunications and Internet Infrastructure.” File photo President Marcos Jr. issued EO...
The National Economic and Development Authority (NEDA) said on Wednesday, Nov. 22, that it expects an executive order that will fast track the Marcos administration’s infrastructure flagship projects (IFPs) will be released “very soon.” NEDA Undersecretary for Investment Programming Joseph J....
DIGITALLY SMART A A special digital workshop teaches digital literacy for women in need Digital upskilling for women in need Partnering up with Filipina Homebased Moms (FHMoms), PLDT and its wireless unit Smart have kicked off its digital upskilling program for women in need, preparing them for...
Now that the Maharlika Investment Fund (MIF) implementing rules and regulations (IRR) have been revised, President Marcos disclosed on Wednesday, Nov. 15 (US time) that the investment fund will finance “about 80 potential infrastructure projects” in the Philippines. President Ferdinand Marcos...
Chelsea Logistics and Infrastructure Holdings Corp., the shipping and logistics arm of the Udenna Group by Davao-based businessman Dennis Uy, reported a P1.04 billion net loss for the first nine months of this year, lower than its net loss of P1.49 billion recorded in 2022. In a...
The long-time dream of the country to have a single-connected grid nationwide may take a little longer, as one leg of the infrastructure development toward the concretization of the P51.3 billion Mindanao-Visayas Interconnection Project (MVIP) is being impeded by a temporary restraining order (TRO)...
The Department of Finance (DOF) said the government is looking to secure funding for P83 billion Mindanao Railway project in the first quarter next year. This came after the country backed out from a financing deal with China to fund the railway project. Further, Finance Secretary Benjamin E....
