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An efficient maritime transport system is key to sustainable economic growth

As an archipelago composed of more than 7,000 islands, the Philippines carries the characteristic of heavily relying on the maritime transport system to move people and goods......»»

Category: newsSource:  philstarRelated NewsMar 2nd, 2024

Cebu City eyes ‘Singapore-like’ railway system to improve transport

CEBU CITY, Philippines – A Singapore-like railway system is being eyed by the Cebu City government in a bid to improve the transport system in the city. This was after Cebu City Councilor Rey Gealon, chairman of the Traffic Management Committee (TMC), penned a resolution urging the Department of Transportation (DOTr) to conduct a study.....»»

Category: newsSource:  inquirerRelated NewsFeb 29th, 2024

Villar lauds focus on faster ROW process

Senate Deputy Majority Floor Leader and former public works secretary Mark Villar had lauded President Marcos’ move to create an inter-agency committee to speed up the acquisition of rights-of-way (ROW), saying this will be crucial to managing the cost of vital rail transportation infrastructure project and in ensuring that timelines are met......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

ADB lends P2.4 billion to iSON for buildup of telco towers

The Asian Development Bank is extending P2.4 billion in loans to iSON Tower Limited Inc. to bankroll the construction and operation of 800 shared telecommunication towers in the country......»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

ADB: Manufacturing benefits the most from remittances

The manufacturing sector is the biggest recipient of spending made by households receiving remittances from overseas Filipino workers, according to the Asian Development Bank......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Ayala Group to put a little focus on cold storage logistics

Ayala Corp confirmed a report that quoted AC Chairman Jaime Zobel as saying that AC “can make a difference” by building cold storage facilities and developing a network of “cold transport” and “cold chain improvement structures”......»»

Category: financeSource:  philstarRelated NewsJan 23rd, 2024

NEWS BRIEFS | 06 March 2024

6 Army engineering battalions harnessed for combat CAGAYAN DE ORO (MindaNews / 06 March) – The Philippine Army activated six reorganized engineering battalions into combat units as the Armed Forces of the Philippines shifts its attention from internal to territorial defense. The engineering battalions are currently deployed around Marawi City, helping in the rehabilitation and […].....»»

Category: newsSource:  mindanewsRelated NewsMar 10th, 2024

Government urged to boost spending for broadband infrastructure

A leading think tank has called on government to aggressively invest in broadband infrastructure to boost the competitiveness of the Philippines in the global digital economy......»»

Category: financeSource:  philstarRelated NewsMay 15th, 2024

EO 59 to accelerate Infrastructure development – NEDA

An executive order streamlining the permitting process for the government’s priority infrastructure projects will support the push for infrastructure development by expediting project implementation, according to the National Economic and Development Authority......»»

Category: financeSource:  philstarRelated NewsMay 8th, 2024

President Marcos wants faster permit process for flagship infrastructure projects

To speed up the implementation of major infrastructure projects, President Marcos ordered government agencies and local government units (LGUs) to further simplify the permitting process for these developments to support the country’s continuing economic transformation......»»

Category: newsSource:  philstarRelated NewsMay 5th, 2024

Philippines seeks ADB support on infrastructure, digitalization

The Philippines is seeking strengthened support from the Asian Development Bank (ADB) for the country’s infrastructure push, both physical and digital, and in improving the capacities of small businesses......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Finish infrastructure projects during dry season – lawmaker

Executive departments and government agencies should take advantage of the hot and dry season to finish their infrastructure projects, House committee on appropriations chair and Ako Bicol party-list Rep. Elizaldy Co said yesterday......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 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

SMC lauds Korean infrastructure partners

San Miguel Corp. president and CEO Ramon Ang has recognized the contribution of Korean companies in advancing the listed conglomerate’s major infrastructure projects......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

DA forms working teams for infrastructure projects

The Department of Agriculture has formed three teams within the department to oversee the undertaking of infrastructure projects that would boost food production nationwide......»»

Category: financeSource:  philstarRelated NewsMar 30th, 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

Institutionalize space allocation for ICT infrastructure in development projects – think tank

Legislators should adopt a no-lease policy in a pending legislation requiring real estate developers to allocate space for information and communication technology (ICT) infrastructure in all existing and new development projects, according to international think tank Stratbase Institute......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

NEDA approves 23 new priority infrastructure projects

The National Economic and Development Authority Board has approved the inclusion of 23 projects in the list of infrastructure flagship projects to be prioritized under the current administration, bringing the total cost to P9.14 trillion......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

DENR, DPWH to expedite Mindanao resilient infrastructure programs

Mindanao-wide resilient infrastructure programs will be expedited amid recent disasters in the region, according to the Department of Environment and Natural Resources......»»

Category: newsSource:  philstarRelated NewsFeb 26th, 2024

DBM: Infrastructure, capital expenditures breach P1 trillion

Expenditures of the national government for infrastructure and other capital outlays grew to P1.02 trillion from January to November 2023 from only P861.8 billion in the same period in 2022, according to the Department of Budget and Management......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024