President Marcos has approved the review of the implementing rules and regulations (IRR) of the Build-Operate-Transfer (BOT) Law, the National Economic and Development Authority (NEDA) said. At the Economic Journalists Association of the Philippines (EJAP) forum on Wednesday, Aug. 17, Socioeconomic...
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...
TACLOBAN CITY - The national government has approved high-impact infrastructure projects that will be implemented in the coming years in Northern Samar province. This includes the construction of Laoang Bridges 2 and 3, which Northern Samar Governor Edwin Ongchuan has been pushing since he became...
Passengers line up at the Trans-Asia Shipping Lines Cebu main ticketing office Chelsea Logistics and its three shipping lines, namely Starlite Ferries, SuperCat, and Trans-Asia, deployed Chelsea Travel, a unified online booking system, which will provide passengers an easy, fast, and stress-free...
The Japanese government has vowed continued support to the Philippine government’s infrastructure push under the Marcos administration, the Department of Finance (DOF) said Friday, Aug. 5. Finance Secretary Benjamin E. Diokno said that Japanese Ambassador to the Philippines Kazuhiko Koshikawa...
The International Finance Corp. (IFC) said it will assist the Communication and Renewable Energy Infrastructure (CREI) Phils Inc. in funding the construction of shared telecommunications towers across the country. Jean-Marc Arbogast, IFC Philippines country manager, said on Thursday, Aug. 4, that...
A DPWH-Mountain Province District Engineering Office backhoe clears a landslide on the Bontoc-Tocucan Road in Bontoc, Mountain Province. (DPWH-MPDO) BAGUIO CITY – The Department of Public Works and Highways (DPWH) reported P491.117 million in damage to infrastructure in the Cordillera region...
State-run Government Service Insurance System (GSIS) has expressed interest to participate in the infrastructure program that the Marcos administration wants to pursue over the next six years. In a briefing, Jose Arnulfo “Wick” Veloso, GSIS president and general manager, said the pension fund...
ILOILO CITY – The Office of Civil Defense (OCD)-Region 6 is seeking the assessment of the structural integrity of infrastructure across Western Visayas following the magnitude-7 earthquake in Northern Luzon Wednesday, July 26. In a July 27 memorandum, OCD-Region 6 director Jose Roberto Nuñez...
President Ferdinand "Bongbong" Marcos Jr. wants to keep the momentum going in terms of the country's infrastructure development. President Ferdinand 'Bongbong' Marcos Jr. in his first State of the Nation Address (SONA) on July 25, 2022. (Noel Pabalate) In his first State of the Nation Address...
A rendering of the Malolos–Clark Railway Project. (Photo courtesy of JICA.) Quality manufacturing that surpasses competitors Vinh Hung JSC is one of the pioneering enterprises building Vietnamese national brand of transportation mechanical equipment and exporting products to countries in the...
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...
