Yuchengco-led PetroEnergy Resources Corp. (PERC) announced that the Northern Luzon offshore wind (OSW) in Ilocos Norte has been granted a pre-development environmental compliance certificate (ECC) from the Department of Environment and Natural Resources (DENR). In a disclosure to the Philippine...
The World Bank Group (WBG) has imposed a 4.5-year debarment on L.S.D. Construction & Supplies, a construction firm in the Philippines, for “collusive, fraudulent, and corrupt practices” linked to the Philippine rural development project (PRDP). In a May 28 statement posted on its website, the...
Pasig City Mayor Vico Sotto announced that the groundbreaking ceremony of the highly anticipated New Pasig City Hall Campus will take place soon after the city government saw no delays and slippage on its construction. Sotto made the statement as he shared that the project, considered as the...
President Marcos led the groundbreaking ceremony of the Sky Garden Project in Alaminos City, Pangasinan, which, he said, would boost tourism and employment in the province. Marcos also said that tourists will soon have another reason to visit the province once the Sky Garden is completed....
PULILAN, Bulacan – The Social Housing Finance Corp. (SHFC), in partnership with the local government of Pulilan, Bulacan, officially launched the Mom’s Ville housing project under the Pambansang Pabahay para sa Pilipino (4PH) Program on May 16 at the Bukid Government Center in Batrangay...
Aboitiz InfraCapital (AIC), the infrastructure unit of the Aboitiz Group, is aiming to deliver long-term water security in Iloilo City after bagging the original proponent status (OTS) for its proposal to construct and operate the city’s bulk water facility. AIC said the OPS to develop the Iloilo...
Two ongoing project loans for the Philippines, aimed at improving the livelihood of farmers and fisherfolk, are bearing fruit, according to the World Bank. The Washington-based multilateral lender 's latest implementation status and results reports for two investment project financing (IPF)...
Tensions and conflict in the South China Sea (SCS) will not diminish in the foreseeable future as China increases its activities to tighten its grip on the key waterway, National Security Adviser (NSA) Eduardo Año said on Tuesday, May 6. In his speech at an online forum titled “Scarborough...
Mayor Francis Zamora San Juan City Mayor Francis Zamora inspected the ongoing construction of the country's first-ever 22-story, in-city, socialized public housing building located in Barangay St. Joseph, San Juan City on Tuesday, April 29. During the inspection of the building together with...
New leaders of the Climate Reality Leadership Corps pose for a photo. “The global sustainability revolution is unstoppable, and it’s unstoppable because of advocates like you and the millions of people around the world demanding stronger, more ambitious climate action,” said former US...
The Philippines received the second-biggest amount of loans and grants from the Manila-based Asian Development Bank (ADB) and its co-financing partners last year, mainly to bankroll big-ticket infrastructure projects. The ADB's Annual Report 2024, published on Thursday, April 24, showed that...
The National Economic and Development Authority (NEDA) Board chaired by President Marcos has approved the rollout of the Reducing Food Insecurity and Undernutrition with Electronic Vouchers (REFUEL) project which is an upgrade of the current food stamp program of the government. The approval...
