The Department of Finance (DOF) wants to amend the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law to lure private investments to Public-Private Partnerships (PPP). In a statement on Tuesday, Aug. 16, Finance Secretary Benjamin E. Diokno said the DOF is planning to...
Albay 2nd District Rep. Joey Salceda raised concern over the use of Public - Private Partnerships (PPPs) in implementing the controversial No-Contact Apprehension Program (NCAP) by several local government units (LGUs), particularly Metro Manila. Local officials lead the unveiling and inspection of...
The National Economic and Development Authority (NEDA) said Public-Private Partnerships (PPPs) play a critical role in helping the government achieve inclusive and sustained economic growth. At the meeting of the European Chamber of Commerce of the Philippines, Socioeconomic Planning Secretary...
Senator Sonny Angara expressed support for the recent call of President Marcos Jr. for local government units (LGUs) to work with the private sector in their projects. Angara, chairman of Senate Committee on Finance, believed public-private partnerships (PPPs) will be helpful at a time when...
House Speaker Martin Romualdez backed on Monday, Aug. 8 the call of President Ferdinand "Bongbong" Marcos Jr. for local government units (LGUs) to enter into more public-private-partnerships (PPP) for infrastructure and service development projects. President Ferdinand "Bongbong" Marcos Jr. (right)...
Department of the Interior and Local Government (DILG) Secretary Benjamin ‘Benhur’ Abalos Jr. urged local government units (LGUs) to initiate programs and projects based on the concept of public-private partnership (PPP). Abalos said LGUs can engage in a build-operate-transfer (BOT) agreement...
Economic managers vowed full support behind the private sector, as the Department of Finance (DOF) asked investors to trust President Ferdinand R. Marcos Jr.’s government. “As the President said yesterday , the sate of the economy is sound. So, my advice to the private sector is trust your...
Vice President Leni Robredo has expressed support for the gubernatorial bid of former Tourism Secretary Ace Durano and his running mate Hilario Davide III in Cebu despite Durano backing out at the last minute on a reportedly planned endorsement for her. Vice President Leni Robredo (Photo from VPLR...
To gather feedback and project validation, the Department of Public Works and Highways (DPWH) will conduct a market-sounding webinar about Kennon Road’s rehabilitation, improvement, operations, and maintenance project on Friday, April 8. In a statement, the DPWH said it has been inviting...
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 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...
Albay 2nd district Rep. Joey Salceda believes he knows a good approach to the possible revival of the mothballed Bataan Nuclear Power Plant (BNPP). A nuclear power plant jn Belgium (Frederic Paulussen/ Unsplash) Salceda calls this the "franchise approach" and he plans to pitch it soon to the Chief...
