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Infrastructure spending hits lowest level in November

Government spending for infrastructure dropped to a year-low in November last year even after state agencies were ordered to catch up on their expenses to boost economic growth......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Pickup collides with tricycle; 3 dead

Three people died when a pickup collided with a tricycle along the highway in Barangay Tinoto in Maasim, Sarangani before dawn on Friday......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Cop dies after falling from vehicle, struck by pickup

A policeman died after he was run over by a pickup when he fell from a patrol car in this province early yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 29th, 2024

DOF limits tax-exempt status for pickup trucks

The Department of Finance is pushing for only one kind of pickup truck to remain tax-exempt as it insists on the removal of special excise treatment on all other types......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

Fuel price cut expected this week

Fuel prices are expected to decrease slightly again following a minimal downward price adjustment previously, according to industry sources. In an advisory over the weekend, Unioil said the price of diesel might go down by 20 to 30 centavos per liter and gasoline by 30 to 50 centavos per liter. ALSO READ: Fuel prices rise.....»»

Category: newsSource:  inquirerRelated NewsMar 10th, 2024

Government infrastructure spending scaled up to P121 billion

The government increased its infrastructure spending by nearly seven percent to P121 billion from January to February compared to last year’s level on the back of higher disbursements for road projects, the Department of Budget and Management said......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Government jacks up infrastructure spending to P1.2 trillion in 2023

The government jacked up its infrastructure spending last year, hitting P1.2 trillion and effectively surpassing its programmed allocation on the back of faster disbursements for major transport and road projects, according to the Department of Budget and Management......»»

Category: financeSource:  philstarRelated NewsApr 1st, 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

Oil price rollback expected next week

Fuel price rollbacks are expected next week. .....»»

Category: newsSource:  philstarRelated NewsFeb 24th, 2024

‘Investment spending rebounds in 2023 4Q, driving GDP growth’

‘Investment spending rebounds in 2023 4Q, driving GDP growth’.....»»

Category: sportsSource:  abscbnRelated NewsFeb 2nd, 2024

Fuel prices expected to increase anew

Fuel prices expected to increase anew.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

Fuel price hike next week

As travel peaks for the Holy Week, hefty fuel prices are expected......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

P2.5B swak sa fuel subsidy ng mga tsuper

May nakalaang P2.5 bilyon para sa fuel subsidy ng mga PUV driver ngayon taon, ayon kay Makati City Rep. Luis Campos Jr. The post P2.5B swak sa fuel subsidy ng mga tsuper first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsApr 10th, 2024

Fuel prices as of Jan. 30: Gasoline up by P2.80, diesel by P1.30 

CEBU CITY, Philippines – Local oil companies here have announced ta significant increase in the prices of fuel effective Tuesday, January 30, 2024. As a result, motorists in Cebu City will be facing a hefty increase in the prices of fuel products on the first week of February. This marks the fourth consecutive week of.....»»

Category: newsSource:  inquirerRelated NewsJan 30th, 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

Over P1 fuel price hike seen next week

Oil prices are expected to increase next week, according to Department of Energy Oil Industry Management Bureau assistant director Rodela Romero......»»

Category: newsSource:  philstarRelated NewsFeb 17th, 2024

Jollibee spending P23 billion for capex

Jollibee Foods Corp. is spending as much as P23 billion this year to sustain its growth momentum after posting strong profitability in 2023......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

Razon unit strengthens exposure in water infrastructure

The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Double-digit growth in bank lending seen this year

The Philippine banking sector is expected to book double-digit growth in loan disbursements this year on the back of robust economic growth, according to BMI Country Risk & Industry Research......»»

Category: newsSource:  philstarRelated NewsJan 19th, 2024