President Duterte said he is aware that many people in his native Davao City are upset with him due to the lack of "appreciable infrastructure" there despite having the prerogative to build them. President Rodrigo Duterte (bowing) attends the inauguration rites for the new facilities of the General...
President Duterte has renewed his administration's commitment to delivering long-lasting infrastructure development as he led the inauguration of newly-completed projects in General Santos City (GSC), South Cotabato. President Duterte (RTVM Screenshot) Specifically, Duterte led the inauguration as...
Without dismissing the gains of the Duterte administration’s Build, Build, Build program, presidential aspirant and Vice President Leni Robredo on Thursday, Nov. 18, stressed the importance of building “better” and targeting the poorest and most vulnerable to benefit from the infrastructure...
Finance Secretary Carlos G. Dominguez III said the support extended by multilateral institutions to the clean energy transition projects of developing economies is crucial to encourage the flow of private sector capital into these initiatives. Dominguez said the meticulous planning and vetting done...
Aiming to attain a more inclusive countryside development before he steps down from office, President Duterte led the launching of the Siargao Island Sports and Tourism Complex (SISTC), and the Catangnan-Cabitoonan Bridge System in Siargao Island, Surigao del Norte, on Saturday, November 6....
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 Asian Infrastructure Investment Bank (AIIB) has vowed to align its operations with the goals of the Paris Agreement as the Beijing-led lender raises its annual climate finance commitments. Currently, the China-led AIIB estimated its cumulative climate finance approvals to reach $50 billion by...
President Duterte’s chief economic manager suggested that the next administration should continue in subsidizing people’s subsequent booster doses of the coronavirus vaccine to ensure the country’s economic recovery. With more COVID-19 booster shots on the horizon, Finance Secretary Carlos G....
Presidential aspirant Senator Panfilo "Ping" Lacson has assured Filipinos that public funds will be spent to the development of remote villages and municipalities of the Philippines should he win in the 2022 polls. Senator Panfilo 'Ping' Lacson (Senate of the Philippines) Lacson said this would be...
DBP-Bldg-news-1080x714 The Development Bank of the Philippines (DBP) has approved P39.5-billion worth of loans under its flagship credit program to fund gaps in the country's infrastructure development, DBP President and Chief Executive Officer Emmanuel G. Herbosa announced, Thursday, Oct. 7, 2021....
WASHINGTON, United States -- Democratic US House Speaker Nancy Pelosi withdrew a promised vote on a $1.2 trillion infrastructure bill late Thursday after failing to win enough support from her own lawmakers, in a stark illustration of the deep internal divisions threatening President Joe Biden's...
With only months left in his term, President Duterte reassured the public that his administration remains committed to its promise of infrastructure development aimed at making the Philippines a progressive nation. President Duterte leads the inauguration of the Bonifacio Global City (BGC) to...
