The Asian Infrastructure Investment Bank (AIIB) has vowed to align its operations with the goals of the Paris Agreement as the Beijing-led lender raises its annual climate finance commitments. Currently, the China-led AIIB estimated its cumulative climate finance approvals to reach $50 billion by...
President Duterte’s chief economic manager suggested that the next administration should continue in subsidizing people’s subsequent booster doses of the coronavirus vaccine to ensure the country’s economic recovery. With more COVID-19 booster shots on the horizon, Finance Secretary Carlos G....
Presidential aspirant Senator Panfilo "Ping" Lacson has assured Filipinos that public funds will be spent to the development of remote villages and municipalities of the Philippines should he win in the 2022 polls. Senator Panfilo 'Ping' Lacson (Senate of the Philippines) Lacson said this would be...
DBP-Bldg-news-1080x714 The Development Bank of the Philippines (DBP) has approved P39.5-billion worth of loans under its flagship credit program to fund gaps in the country's infrastructure development, DBP President and Chief Executive Officer Emmanuel G. Herbosa announced, Thursday, Oct. 7, 2021....
WASHINGTON, United States -- Democratic US House Speaker Nancy Pelosi withdrew a promised vote on a $1.2 trillion infrastructure bill late Thursday after failing to win enough support from her own lawmakers, in a stark illustration of the deep internal divisions threatening President Joe Biden's...
With only months left in his term, President Duterte reassured the public that his administration remains committed to its promise of infrastructure development aimed at making the Philippines a progressive nation. President Duterte leads the inauguration of the Bonifacio Global City (BGC) to...
Rizal 2nd District Rep. Fidel Nograles on Thursday, September 30, cited the potential of a soon-to-be constructed inter-provincial road connecting Rizal and Bulacan in playing a key role in both provinces’ post-pandemic recovery. Rizal 2nd District Rep. Fidel Nograles “We are literally paving...
Projects in the railway sector will get the largest share of the Department of Transportation's (DOTr) P151.34 billion budget that has been approved in the plenary deliberations of the House of Representatives on Wednesday, Sept. 29. The interior of the newly built Light Rail Transit (LRT) Line 2...
The Office of the President (OP) has assured senators that it will prioritize and speed up government programs and projects whose funds were identified as "for later release" (FLR), as well as the "institutional amendments" of lawmakers in this year's national budget. Senator Juan Edgardo 'Sonny'...
Malacañang assured the public that all savings from discontinued programs went to infrastructure projects necessary in the country's fight against the coronavirus (COVID-19) pandemic. Presidential Spokesman Harry Roque (Malacañang photo) Presidential Spokesman Harry Roque made the statement...
Senator Richard Gordon on Sunday, Sept. 4 urged lawmakers to expedite the passage of the bill that would encourage the entry of more investments in Central Luzon. Gordon is referring to Senate Bill No. 1549 or the Regional Investment and Infrastructure Coordinating Hub (RICH) of Central Luzon which...
The Presidential Communications Operations Office (PCOO) has highlighted infrastructure projects under the Duterte administration that aim to give focus on news and information coming from regions in the country other than Metro Manila. PCOO Secretary Martin Andanar ( Photo from Martin Andanar's...
