Department of Trade and Industry (DTI) Secretary Cristina Roque affirmed that the government is committed to enhancing its partnership with the private sector, pointing out its significance in driving economic growth. In a keynote address before a crowd of business leaders, Roque said the synergy...
The Philippines’ hosting of the upcoming Open Government Partnership (OGP) Asia and the Pacific Regional Meeting (APRM) serves as a strong demonstration of the country’s commitment to transparency and accountability. Department of Budget and Management (DBM) Amenah Pangandaman issued this...
Executive Secretary Lucas Bersamin has encouraged all government officials, civil society leaders, and policymakers to participate in advocating a transparent and accountable governance. Executive Secretary Lucas Bersamin speaks during the media launch of the Open Government Partnership (OGP)-Asia...
While stating that the Philippines has yet to achieve zero hunger, President Marcos reiterated that no Filipino will be overlooked in the government's fight against hunger and poverty. President Ferdinand 'Bongbong' Marcos Jr. (Noel Pabalate) Marcos said this during the presentation of the signed...
Senator Raffy Tulfo strongly opposed the proposal to privatize, in any capacity, the operations of the Philippines’ Communications, Navigation, and Surveillance/Air Traffic Management system (CNS/ATM) through a Public-Private Partnership (PPP). Tulfo, who chairs the Senate Committee on Public...
"Nowhere to go but up." The Philippines and the Republic of Korea (South Korea) officially elevated their 75-year diplomatic relationship to a strategic partnership, citing common values and robust partnerships in various fields. ELEVATING TIES — President Ferdinand 'Bongbong' Marcos Jr. meets...
A whopping scale of capital mobilization that will reach as much as $500 billion (roughly P27.5 trillion) will have to be concretized so the country’s energy systems will be substantially decarbonized, according to the Department of Energy. As cited by the energy department, “the Philippines is...
Danish firm Copenhagen Infrastructure Partners (CIP) is eyeing to diversify its capital formation for renewable energy (RE) projects in the country, with its investment sight now expanding into solar and energy storage systems. The Danish firm first entered the Philippine market last year with its...
BACOLOD CITY – The city government is planning to enter into a public-private partnership to establish a P2.2-billion centralized command system. THE construction of the Bacolod City Disaster Risk Reduction and Management Command Center in Barangay Taculing is ongoing. (Photo courtesy of Disaster...
London-headquartered private equity firm Actis is injecting colossal investment of $600 million (approximately P34 billion) for its 40 percent equity acquisition in the $4 billion Terra Solar project being advanced to commercial fruition by SP New Energy Corporation (SPNEC) of the Manila Electric...
Senator Juan Miguel "Migz" Zubiri said that the Philippine government should formulate better investment pitches for prospective foreign investors to successfully land more investments for the country. Sen. Juan Miguel "Migz" F. Zubiri expresses his support for the Regional Comprehensive Economic...
The Department of Energy (DOE) is batting for the corporate life extension of state-run Power Sector Assets and Liabilities Management Corporation (PSALM) so it can serve as counterparty to the investing-entity that will rehabilitate the Agus hydropower complex in Mindanao. Energy Secretary Raphael...