TOKYO, Japan — Business Manny Pangilinan and major Japanese investor Mitsui & Co. have expressed commitment to investing $600 million in infrastructure development in the country, Malacañang said. President Ferdinand "Bongbong" Marcos Jr. (BBM Media Bureau) Pangilinan bared this in a...
Senator Mark Villar on Sunday, February 12 commended President Ferdinand "Bongbong" Marcos Jr. for signing 35 investment deals with Japan during his state visit to the country. Villar said he believes these trade agreements will further strengthen the bilateral ties between Philippines and Japan....
TOKYO, Japan — President Ferdinand “Bongbong” Marcos Jr. told Japanese business leaders on Thursday that his administration has fast-tracked its “Build, Better, More” infrastructure program to support different economic activities in the future. President 'Bongbong' Marcos Jr. (RTVM...
A major State-run Chinese construction firm has committed more investments in the Philippines, mainly through public-private partnership (PPP), following the state visit of President Ferdinand "Bongbong" Marcos Jr. to China early this month. Malacañang photo Communications Secretary Cheloy...
Executive Secretary Lucas Bersamin (left) swears in DBP president and chief executive officer, Michael O. de Jesus, during rites held on January 11, 2023, at the Office of the Press Secretary in Malacañan Palace, Manila. A prominent and seasoned banker has formally assumed the position as head of...
SUYO, Ilocos Sur -- The municipal mayor of Suyo, Ilocos Sur is seeking the implementation of more infrastructures, particularly road concreting projects, to bring more economic development programs in the depressed areas in his town. Suyo town Mayor Mario B. Subagan said the newly opened 250-meter...
The new president and chief executive officer of the Development Bank of the Philippines (DBP), Michael O. de Jesus, on Friday, Jan. 27, vowed to strengthen and expand the state-owned bank’s role in infrastructure financing to sustain the country’s growth momentum. “As I take the helm of DBP,...
Prime Integrated Waste Solutions Inc. (PWS), a subsidiary of the Razon Group’s Prime Infrastructure Capital Inc. (Prime Infra), has completed its acquisition of Cebu-based ARN Central Waste Management, Inc. (ACI). In a statement, Prime Infra said the acquisition was sealed during a ceremonial...
The Department of Trade and Industry (DTI) is pushing for the building of local road infrastructure that connects food production hubs, economic zones, and logistics to promote more inclusive growth opportunities in the regions. Trade and Industry Secretary Alfredo E. Pascual told members of the...
A House Committee on Tourism member has highlighted this year's P17.7-billion funding for the government's Tourism Road Infrastructure Program (TRIP), which he hopes would give the sector a much-needed boost. Boracay, arguably the crown jewel of Philippine tourism (Rj Baculo/ Unsplash) “The fresh...
Prime Energy, a subsidiary of the Razon Group’s Prime Infrastructure Capital Inc., has convened an advisory council composed of technical experts and key industry leaders for the exploration and development of the Malampaya gas field. In a statement, Prime Infra said the advisory council will...
An extension of an interlink expressway project in Central Luzon that connects Subic-Clark-Tarlac Expressway (SCTEX) and Tarlac-Pangasinan-La Union Expressway (TPLEX) in Tarlac will be operational in the first half of 2023, according to the Department of Public Works and Highways (DPWH). Photo:...