The National Economic and Development Authority (NEDA) Board, chaired by President Marcos has approved key changes to the Laguna Lakeshore Road Network (LLRN) Project and other modifications to major infrastructure projects. Laguna Lakeshore Road Network Project (File photo) In its 19th meeting in...
By MYRNA M. VELASCO The Department of Energy (DOE) has engaged the help of the Bangko Sentral ng Pilipinas (BSP) so they can guide banks and other financing entities on how to navigate the intricate web of capital formation that shall underpin the massive-scale pipeline of renewable energy (RE)...
The Department of Public Works and Highways (DPWH) has presented significant advancements in the Road Network Development Project in Conflict-Affected Areas in Mindanao (RNDP-CAAM) to promote coordination and shared understanding among key stakeholders. DPWH Senior Undersecretary Emil K. Sadain,...
A total of 440 infrastructure projects worth P27.62 billion are currently being pegged for Northern Mindanao to help in developing the region’s agricultural productivity, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. during his visit in Tubod, Lanao del Norte for...
Ayala-led ACEN Corporation had secured $150 million green term loan to bankroll the development of its pipelined renewable energy (RE) projects in the Asia Pacific region. The credit facility will have a five-year repayment period; and this was availed of via its subsidiary ACEN Renewables...
Senator Grace Poe has filed a bill that seeks to have 24/7 operations for government infrastructure projects. In a statement, Poe said that this would avoid the wastage of funds and speed up the delivery of benefits to the people. Senate Bill No. 2716 or the proposed Accelerated Infrastructure...
Filipino-led renewable energy (RE) firm NexGen Energy Corp. (XG) had secured regulatory approvals for its initial public offering (IPO), which will wind up at its July 16 listing at the local bourse. The company announced that it cornered both the go-signal of the Securities and Exchange Commission...
New Meralco PowerGen President and CEO Emmanuel V. Rubio As he leaps into another corporate environment, newly-designated Meralco PowerGen Corporation (MGen) President and CEO Emmanuel “Manny” V. Rubio will be navigating challenges as well as opportunities to steer his new organization...
System operator National Grid Corporation of the Philippines (NGCP) forthrightly stated that it can deliver more transmission projects to commercial completion if approvals of the Energy Regulatory Commission (ERC) on its cost recoveries for invested capital could be granted promptly. “With...
With the robust infrastructure development buildout being cast by the government, Shell Pilipinas Corporation is eyeing brisk growth of 6.0 to 10-percent for its bitumen volume sales across major projects that it will be supplying to. In a briefing with reporters, Shell Country Business...
President Marcos said that the new Cavitex road projects realize his administration's promise to transform the lives of millions of Filipinos by systematically easing traffic flow in the greater Metro Manila area. President Ferdinand ‘Bongbong’ Marcos Jr. (RTVM screenshot) Marcos said this as...
Major infrastructure projects in Surigao del Sur are halfway to completion, President Marcos assured the province. President Ferdinand 'Bongbong' Marcos Jr. interacts with the beneficiaries of government assistance during the distribution of presidential assistance to farmers, and fisherfolk...
