SINGAPORE — The Department of Transportation (DOTr) is confident that more private-sector bidders will participate in the Philippines’ upcoming railway public-private partnership (PPP) projects as the government increasingly taps multilateral development banks (MDBs) to provide financing...
The Philippine Blu Girls are set for an intense training camp in Japan this month in preparation for upcoming elite tournaments. The Nationals are set to compete in the WBSC Women’s Softball World Cup Group Stage from July 14 to 18 in Lima, Peru where they will be facing a formidable field that...
Filipino diners will soon get a taste of one of the United Kingdom’s most recognizable restaurant brands. The Bistro Group has announced that it is bringing Wagamama to the Philippines, marking the latest addition to the company’s growing roster of international concepts. The first local branch...
GMA Network Inc. is making a major play in the music industry, teaming up with Viva Music Group in a 50-50 joint venture that aims to reshape how Original Pilipino Music (OPM) is produced, promoted, and distributed. Through GMV Studios, the partnership will cover a wide range of music-related...
Maynilad Water Services Inc. has tapped International Finance Corp. (IFC) for a $500,000 infrastructure advisory services project aimed at strengthening the west zone concessionaire’s sustainability and resilience strategy. In a disclosure last Monday, June 15, IFC said the project was approved...
SINGAPORE — The Philippines is among the countries best positioned to help meet Asia’s rapidly growing electricity needs, with its rich geothermal resources as well as expanding wind and solar sectors offering significant potential for renewable energy (RE) development, according to...
Global One Hotel Group, Inc., the management arm of Megaworld Hotels and Resorts, has secured approval from the Securities and Exchange Commission (SEC) for the rental pool program of its condotels. The SEC said the rental pool program was processed under the streamlined guidelines on Securing and...
The Philippines has sought World Bank backing for a $1-billion program aimed at tackling the country ’ s plastic waste problem, starting with Metro Manila. In a June 10 document, the World Bank said that the proposed Clean Philippines Multiphase Programmatic Approach (MPA) is designed to improve...
The World Bank Group (WBG) has lowered its 2026 growth forecast for the Philippines to 3.7 percent, warning that the ongoing war in the Middle East is weighing heavily on energy-importing economies and threatening to push global growth to its weakest pace since the onset of the Covid-19 pandemic....
Amid a prolonged global oil crisis, the Philippines is poised to secure fresh grant and loan financing from bilateral as well as multilateral partners to support power-sector reforms and the transition to more renewable energy (RE) sources. United States (US) aid agency Millennium Challenge Corp....
House Deputy Speaker La Union 1st district Rep. Paolo Ortega V clapped back at the twice-impeached Vice President Sara Duterte on Wednesday, June 10 for likening the Senate leadership squabble to the affairs of the Marcos administration. Ortega was reacting to the Vice President’s supposed...
The World Bank has approved a six-month extension of its $300-million loan for a delayed project aimed at strengthening Metro Manila’s preparedness for “The Big One” earthquake, after the Philippine government sought more time to implement key activities that have yet to begin. In a...
