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‘Use PPPs for infrastructure, not to raise revenues’

A member of a losing consortium in the privatization of the Ninoy Aquino International Airport has urged government to stop using revenue gains as a bid parameter in awarding public-private partnership projects......»»

Category: financeSource: philstar philstarMar 1st, 2024

PPPs eyed for offshore wind farms in ports

The government may consider public-private partnerships (PPPs) in its plan to transform ports into offshore wind projects, as it could take as much as $80 million to redevelop each one of them......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

Increasing demand for electric vehicles

The Department of Energy (DOE) in Mindanao has observed a growing demand for electric vehicles (EVs). Engr. Adrian Mel B. Delola, a Science Research Specialist II at DOE Mindanao Field Office, discussed this trend during the Kapehan sa Dabaw on January 15, 2024. He highlighted the impact of the Electric Vehicle Industry Development Act (Evida Law), implemented on April 15, 2022, which has contributed to the increasing interest in EVs. Delola acknowledged that the current cost of EVs is a concern but expressed optimism that as demand rises, the number of charging stations will increase and the cost of units will subsequently decrease. He also addressed the presence of hybrid models in key cities in Mindanao and the challenge of limited car dealerships facilitating their distribution. Additionally, Delola touched on the use of e-trikes, classified as light EVs under RA 11697, and the regulations regarding their weight and use on national highways. The DOE is working with various agencies to address issues related to the registration and use of e-trikes. Sellers are also advising consumers on the proper use of e-trikes for private purposes and cautioning against their use on national highways......»»

Category: newsSource:  sunstarRelated NewsJan 16th, 2024

Quick rollout of PPPs to boost economic growth

The rollout of more infrastructure projects that involve the private sector is expected to prop up economic growth with the government likely to make up for its lagged spending last year, according to banking giant UBS......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 2024

Rights groups urge German, Czech Republic gov’ts to raise lack of accountability, continuing killings

Human rights group Karapatan urged the governments of Germany and the Czech Republic to raise concerns on the “dire lack of accountability and the continuing killings in the Philippines” as Ferdinand Marcos Jr. is on a state visit in the said countries. The post Rights groups urge German, Czech Republic gov’ts to raise lack of accountability, continuing killings appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 14th, 2024

Tower companies pool in for 4G, 5G infrastructure

Two independent tower companies – Phil-Tower Consortium Inc. and Miescor Infrastructure Development Corp. – are set to form a joint venture company for 4G and 5G mobile network infrastructure in the country......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

Philippines urged to accelerate development of sustainable infrastructure

The Philippines needs to work double time in building sustainable infrastructure given its high vulnerability to the impacts of climate change and weather disturbances, Singapore-based project facilitation office Infrastructure Asia said......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

To raise gov’t revenues, Recto says solution need not involve new taxes

New Finance Secretary Ralph Recto says non-tax efforts like helping businesses comply with the law will help government meet its revenue targets.....»»

Category: newsSource:  rapplerRelated NewsJan 24th, 2024

More Infra Needed as BPO Workers Rises to 1.7 Million Workers by End of 2023

The business process outsourcing in the Philippines employed a total of 1.7 million workers and generated revenues worth at least 35 billion USD at the end of 2023, according to a report. But for the local industry not to get left behind by other countries, stakeholders want continued investment in infrastructure, real estate, reliable internet, […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024

La Union posts P1 billion in tourism revenues

The provincial government of La Union recorded P1.04 billion in tourism revenues last year......»»

Category: newsSource:  philstarRelated NewsFeb 25th, 2024

Pampanga records P1B quarry revenues in 2023

Pampanga records P1B quarry revenues in 2023.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

Tax revenues jump to P3.4 trillion

The country’s tax revenues rose by five percent to hit P3.38 trillion as the government ramped up its tax administration and digitalization program......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

BOC rakes in P73 billion in revenues in January

The Bureau of Customs is off to a good start this year after it collected P73 billion in revenues in January on enhanced valuation and improved trade facilitation......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

PHL gross gaming revenues breach P200B in 2 straight years

PHL gross gaming revenues breach P200B in 2 straight years.....»»

Category: newsSource:  sunstarRelated NewsJan 20th, 2024

Gaming revenues beat target, hit record P285 billion in 2023

The local gambling industry continued to take advantage of increased operational capacity, with its gross gaming revenues exceeding targets and hitting a record P285 billion in 2023......»»

Category: financeSource:  philstarRelated NewsJan 16th, 2024

K-pop fandoms join hands to raise funds for Girls Can campaign

Globe, through its KmmunityPH online K-culture community, recently partnered up with several K-pop girl group fandoms to raise funds for World Vision’s "Girls Can" campaign......»»

Category: entertainmentSource:  philstarRelated NewsJan 12th, 2024

Bulacan LGU appeals SC ruling on Angat Dam

The provincial government of Bulacan filed yesterday a motion for reconsideration of a Supreme Court decision that it is not entitled to a share in revenues from the use of Angat Dam......»»

Category: newsSource:  philstarRelated NewsApr 11th, 2024

PRO-7 warns against use of marijuana-flavored vapes

CEBU CITY, Philippines — The Police Regional Office in Central Visayas (PRO-7) has issued a stern warning against the use and proliferation of marijuana-flavored vape products. Police Lieutenant Colonel Gerard Ace Pelare, the PRO-7 spokesperson, said that they will arrest individuals who sell vapes mixed with marijuana oil. The sale and use of marijuana remains.....»»

Category: newsSource:  inquirerRelated NewsMar 23rd, 2024

SMC to raise P20 billion from bond issuance

Diversified conglomerate San Miguel Corp. intends to raise P20 billion from the offering of the remaining tranche of its bond program......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

Fisherfolk raise alarm over demolition of Navotas City fishing structures

“Affected fisherfolk and other residents ‘highly believe’ that the dismantling order is part of the 650-hectare reclamation project in the area.” The post Fisherfolk raise alarm over demolition of Navotas City fishing structures appeared first on Bulatlat......»»

Category: newsSource:  bulatlatRelated NewsMar 27th, 2024

DOH, SPMC raise colorectal cancer awareness

THE Department of Health (DOH) and the Southern Philippines Medical Center (SPMC) collaborated to raise awareness about colorectal cancer causes and symptoms during the Kapihan sa Dabaw at SM Ecoland on Monday morning, March 25, 2024......»»

Category: newsSource:  sunstarRelated NewsMar 25th, 2024