Roughly 6,000 to 7,000-megawatt (MW) capacity ramp up is expected in the next two years, yet grid development is still stuck in the slow lane and woefully unprepared to handle the influx. Now, the government wants to pass the burden to power producers, especially the renewable energy (RE)...
While the Philippines is poised to sustain robust economic growth despite the threat posed by United States (US) President Donald Trump's tariffs, the Asian Development Bank (ADB) is urging the government to fast-track the implementation of big-ticket infrastructure projects to stimulate domestic...
Japan has reaffirmed its commitment to support the Marcos administration’s "Build Better More" program to help promote and strengthen the Philippines’ bid for an upper middle-income status country. (From left) Special Advisor to the Prime Minister Mori Masafumi and Japanese Ambassador to...
The collapse of the Cabagan-Santa Maria Bridge In Isabela could lead to inspection of all bridge projects in the country, especially those constructed during the time of former president Rodrigo Duterte, a Malacañang official said.PCO Undersecretary Claire Castro (RTVM)Palace Press Officer and...
President Marcos has asked the Department of Public Works and Highways (DPWH) to focus on projects that will positively change people's lives following the substantial cut in the appropriations for its programs, activities, and projects (PAPs) in the 2025 national budget.Malacañang photoMarcos said...
President Marcos said that the newly signed agreements for five infrastructure projects in the country will have a transformative impact on the lives of Filipinos, especially those living in Cebu, Bohol, Dumaguete, and Siargao.MPC poolMarcos said this as he witnessed the signing of various...
The Asian Infrastructure Investment Bank (AIIB) led by China has extended to the Philippines two loans totaling $232.18 million (over P13.6 billion) to support the Marcos Jr. administration's ambitious "Build Better More" program.The Beijing-based AIIB disclosed on its website last week that its...
President Marcos has welcomed the signing of the Laguindingan International Airport Public-Private Partnership (PPP) Project Concession Agreement, saying it will transform the said gateway into a more efficient and sustainable one that meets global standards.RTVM ScreenshotMarcos said this as he...
President Marcos has expressed his gratitude to the government of South Korea for taking on an active role in the Philippines' development, citing the depth of its involvement in the country particularly in the infrastructure sector.Photos from PCOMarcos said this as he led the inauguration of the...
"We waited for this for such a long time."Many years after its inception, the P8.3-billion Panguil Bay Bridge Project is finally ready to service the people from Tangub City in Misamis Occidental and Tubod town, Lanao del Norte.INCREASED CONNECTIVITY — President Ferdinand 'Bongbong' Marcos Jr....
The Philippine government is partnering with the United States Agency for International Development (USAID) to strengthen the implementation of Public-Private Partnership (PPP) projects in the country.The PPP Center and USAID signed a memorandum of understanding that will provide training and...
The National Economic and Development Authority (NEDA) Board, chaired by President Marcos has greenlit the negotiated parameters, terms, and conditions (PTCs) for several approved airport projects to enhance connectivity and boost tourism in the regions.File photoDuring its 19th meeting in...