Public infrastructure spending increased in May this year driven by the ongoing two railway projects, the Department of Budget and Management (DBM) reported on Tuesday, July 19. Based on the DBM's May disbursement performance report, the government’s infrastructure and other capital outlays...
China has revealed that it has been "negotiating technical issues" with the Philippines over its infrastructure projects, adding that it is open for more discussions on future projects under the new administration. President Ferdinand 'Bongbong' Marcos Jr. and Chinese Foreign Minister Wang Yi...
Neophyte Senator Mark A. Villar has filed the Build, Build, Build Act which seeks to institutionalize and create a 30-year National Infrastructure Program. Sen. Mark A. Villar Villar, a former Department of Public Works and Highways (DPWH) secretary, explained that this is in line with his...
REP. Ma. Lucille Nava addresses members of the Guimaras Provincial Board during its inaugural session. (Guimaras PIO) ILOILO CITY – Ma. Lucille Nava has outlined her top priorities in her last term as Guimaras congresswoman. “We have geared towards what we have considered as an integral...
A three-year, P1.5-trillion economic stimulus bill dubbed "Bayanihan 3" has been filed in the 19th Congress. (Shivendu Shukla/ Unsplash) One of the authors of the measure, Camarines Sur 2nd district Rep. LRay Villafuerte, said the proposed economic stimulus package package was inspired by...
Surigao del Sur Rep. Johnny Pimentel on Sunday, July 3, commended President Ferdinand Marcos Jr.’s plans to prioritize the country’s food security, saying that increased farm output will create a buffer against the soaring food prices. Surigao del Sur Rep. Johnny Pimentel (FACEBOOK / MANILA...
CADIAO (Tara Yap) ILOILO CITY – With the recovery from the Covid-19 pandemic under way, Gov. Rhodora “Dodod” Cadiao vowed to bring more infrastructure projects and social services in Antique. “On my last term as governor, I will endeavor to strengthen the legacy our administration will...
President Duterte said Saturday he did not prioritize the improvement of infrastructures in his hometown Davao City "for reasons of delicadeza." President Duterte (RTVM Screenshot) During the opening of the Philippine National Railways (PNR) Lucena-San Pablo Commuter Line, Duterte, a pioneer of the...
Razon's Prime Infra slates P28-B IPO By JAMES A. LOYOLA Prime Infrastructure Capital Inc. (Prime Infra) of the second richest Filipino Enrique K. Razon Jr. is planning an initial public offering worth up to P28.2 billion. The Securities and Exchange Commission has received the registration...
From left to right: Mr. Cristeto Ocampo, TIEZA’s Travel Tax Department Manager, Mr. Mark Lapid, TIEZA’s Chief Operating Officer, Ms. Ann Margaret Saldaña, MyEG Philippines Chief Executive Officer, and Ms. Israelita Choa, MyEG Philippines Accounts and E-Gov Operations Manager Tourism...
Ayala Land, Inc. subsidiary AyalaLand Logistics Holdings Corp. (ALLHC) and FLOW Holdings I Philippines Pte. Ltd., the vehicle of FLOW Digital Infrastructure, have signed a framework agreement to develop carrier-neutral data centers across the Philippines. In a disclosure to the Philippine Stock...
The Export Import Bank of Korea-Economic Development and Cooperation Fund (KEXIM-EDCF) has sealed a loan to the Philippines to finance the engineering services for the Panay-Guimaras-Negros Island bridges project. In a statement, the Department of Finance (DOF) said that the Philippines and Korea...
