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....
President Marcos said the reconstruction of two school buildings at San Francisco High School in Quezon City demonstrates what the government can accomplish when public funds are used for their intended purpose. During his inspection of the newly completed Dao Building and Henry Sy Sr. Hall on...
A few weeks after declaring a ceasefire, the Lopez majority group launched a new bombshell against First Gen Corp. Chairman Federico “Piki” Lopez, alleging that he funded the bulk of Prime Infrastructure Capital’s hydropower project by paying a hefty ₱50-billion premium. In a statement, the...
The World Bank has urged Philippine implementing agencies to focus on completing the long-delayed Metro Manila Flood Management Project amid signs of progress and with less than six months remaining before its financing expires. In a June 7 implementation status and results report, the...
The China-backed Asian Infrastructure Investment Bank (AIIB) is expected to provide a $200-million loan to co-finance with the World Bank a forthcoming $1-billion policy-based financing package that will support the Philippines’ energy transition, electricity market reforms, and water-sector...
The Quezon City government on Friday, June 5, assured that jeepney operations will continue without disruption despite the ongoing rehabilitation works on the Katipunan Understory project. In a statement, the city government said it is coordinating with the Metropolitan Manila Development...
President Marcos on Friday, June 5, inspected the ongoing rehabilitation of the Maharlika Highway in Samar, saying the project will improve connectivity, reduce transport costs, and spur economic opportunities across the country. The President visited the road rehabilitation site in Pinabacdao,...
Metro Pacific Water (MPW), a unit of tycoon Manuel V. Pangilinan’s Metro Pacific Investments Corp. (MPIC), has taken over the water distribution network of San Jose del Monte City in Bulacan on an interim basis. In a statement on Friday, June 5, MPW said the local government of San Jose del...
A section of Cambridge Street in Quezon City will be closed from June 1, 2026 until December 2027 to give way to the construction of the “QCitizen Homes – Cambridge” housing project. The Quezon City government said the affected stretch covers Cambridge Street from K-9th Street to Ermin...
First Gen Corp. Chief Executive Officer Federico “Piki” Lopez moved to reassure investors that the clean energy producer’s operations remain unaffected by the months-long family rift, after the holding company board withdrew a resolution to oust him. Speaking at the company’s annual...
While the Lopez family has declared a ceasefire to resolve their differences privately, a minority shareholder of First Gen Corp. has stepped into the frontline to demand accountability from the firm’s board of directors. In a May 22 letter addressed to First Gen’s board, minority shareholder...
The Quezon City government announced that a traffic slowdown is expected on major roads in Quezon City on Sunday, May 24, due to the convoy transport of a Tunnel Boring Machine (TBM) for the Metro Manila Subway Project (MMSP). The slow-moving convoy will travel from Plaridel, Bulacan, to the North...
