Executive Secretary Lucas Bersamin (left) swears in DBP president and chief executive officer, Michael O. de Jesus, during rites held on January 11, 2023, at the Office of the Press Secretary in Malacañan Palace, Manila. A prominent and seasoned banker has formally assumed the position as head of...
SUYO, Ilocos Sur -- The municipal mayor of Suyo, Ilocos Sur is seeking the implementation of more infrastructures, particularly road concreting projects, to bring more economic development programs in the depressed areas in his town. Suyo town Mayor Mario B. Subagan said the newly opened 250-meter...
The new president and chief executive officer of the Development Bank of the Philippines (DBP), Michael O. de Jesus, on Friday, Jan. 27, vowed to strengthen and expand the state-owned bank’s role in infrastructure financing to sustain the country’s growth momentum. “As I take the helm of DBP,...
Prime Integrated Waste Solutions Inc. (PWS), a subsidiary of the Razon Group’s Prime Infrastructure Capital Inc. (Prime Infra), has completed its acquisition of Cebu-based ARN Central Waste Management, Inc. (ACI). In a statement, Prime Infra said the acquisition was sealed during a ceremonial...
The Department of Trade and Industry (DTI) is pushing for the building of local road infrastructure that connects food production hubs, economic zones, and logistics to promote more inclusive growth opportunities in the regions. Trade and Industry Secretary Alfredo E. Pascual told members of the...
A House Committee on Tourism member has highlighted this year's P17.7-billion funding for the government's Tourism Road Infrastructure Program (TRIP), which he hopes would give the sector a much-needed boost. Boracay, arguably the crown jewel of Philippine tourism (Rj Baculo/ Unsplash) “The fresh...
Prime Energy, a subsidiary of the Razon Group’s Prime Infrastructure Capital Inc., has convened an advisory council composed of technical experts and key industry leaders for the exploration and development of the Malampaya gas field. In a statement, Prime Infra said the advisory council will...
An extension of an interlink expressway project in Central Luzon that connects Subic-Clark-Tarlac Expressway (SCTEX) and Tarlac-Pangasinan-La Union Expressway (TPLEX) in Tarlac will be operational in the first half of 2023, according to the Department of Public Works and Highways (DPWH). Photo:...
The Philippines' digital transformation must go side-by-side with its continued infrastructure development. (Sam Albury/ Unsplash) Thus, reckoned Camarines Sur 2nd district Rep. LRay Villafuerte, who learned from Department of Information and Communications Technology (DICT) Secretary Ivan John Uy...
SMC Infrastructure expects the holiday traffic "exodus" to peak this week and declared a toll holiday for Christmas and New Year. The infrastructure arm of San Miguel Corp. (SMC) is once again waiving all toll fees at the Southern Tagalog Arterial Road (STAR), South Luzon Expressway (SLEX), the...
The upgrade of the Monsanas- Upper Dimorok-Lower Dimorok Road will improve mobility and the transport of goods in Zamboanga del Sur, the Department of Public Works and Highways (DPWH) said on Monday, Dec. 19. DPWH Regional Office 9 Director Cayamombao D. Dia reported that the newly-paved...
PLDT Inc. announced Friday, Dec. 16, that subsidiaries, Smart Communications, Inc. and Digitel Mobile Phils., Inc., have signed the P9.2 billion sale of 650 telecommunications towers to Unity Digital Infrastructure Inc. The price reflects the value of the towers located in the Visayas and Mindanao,...
