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Philippines approved investment projects up 73 pct in 2023

MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»

Category: newsSource:  manilanewsRelated NewsJan 14th, 2024

Philippines approved investment projects up 73 pct in 2023

MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

Infrastructure projects get better loan terms from Japan

The Philippines has secured better financing terms for two big-ticket infrastructure projects funded by the Japanese government aimed at improving public transport and road connectivity......»»

Category: financeSource:  philstarRelated NewsMar 28th, 2024

‘I Am Not Big Bird’ can open more opportunities for Enrique Gil as producer

Matinee idol Enrique Gil gets to resurrect his acting career bravely without any screen partner this time. After nearly four years of absence in the acting arena, the actor topbills the sex-comedy, “I Am Not Big Bird,” a far cry from the film projects that Enrique did in the past......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

Cebu Daily Newscast: Fuel prices: Big time hikes for gasoline, diesel start Tuesday

Listen to Cebu Daily Newscast and get the latest stories in and around Cebu. Here’s what you need to know on Monday, February 19, 2024. Fuel prices: Big time hikes for gasoline, diesel start Tuesday Local oil firms have announced big-time increases in the pump prices of petroleum products effective on Tuesday, February 20, and.....»»

Category: sportsSource:  abscbnRelated NewsFeb 19th, 2024

Disney, Star Wars confirm The Mandalorian movie, Ahsoka Season 2

Disney and Lucasfilm have confirmed the development of two big-budget projects in the "Star Wars" franchise, including the big screen debut of fan-favorite Grogu (or as the Internet calls him, Baby Yoda)......»»

Category: entertainmentSource:  philstarRelated NewsJan 11th, 2024

Belmonte, Binay call for climate action funding from development banks

The C40 coalition of cities, a network of nearly 100 mayors, asked MDBs to increase urban climate investment, integrate urban climate action into their strategies, and implement tailored programs to support city projects. .....»»

Category: newsSource:  philstarRelated NewsMar 28th, 2024

SMIC banks on areas outside NCR for growth

SM Investments Corp. (SMIC) of the Sy family is betting big on the countryside to support the group’s continued growth......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Marcos creates committee to facilitate right-of-way acquisition for railway projects

Marcos creates committee to facilitate right-of-way acquisition for railway projects.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Inter-agency committee formed to streamline land acquisition for nat l railway projects

The government has created an inter-agency committee to standardize the process of land acquisition for the implementation of the country’s railway projects......»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

PPP Code IRR out; 20 projects up for approval

Around 20 solicited projects that are part of the government’s infrastructure flagship program are expected to be submitted to the National Economic and Development Authority Investment Coordination Committee for approval this year, the Public-Private Partnership Center said, following the signing of the implementing rules and regulations of the PPP Code......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 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

15 PPP projects up for approval this year

Around 15 public-private partnership projects are expected to be submitted to the National Economic and Development Authority Board for approval this year, according to the PPP Center......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

DOST calls Visayas researchers for aquatic projects

DOST calls Visayas researchers for aquatic projects.....»»

Category: sportsSource:  abscbnRelated NewsFeb 10th, 2024

P126-B earmarked for C. Luzon infra projects

P126-B earmarked for C. Luzon infra projects.....»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

DBP lends P2 billion for Palawan infrastructure projects

State-run Development Bank of the Philippines has extended a P2-billion loan financing to the local government of Palawan for vital public infrastructure projects including the upgrade of road network......»»

Category: financeSource:  philstarRelated NewsJan 26th, 2024

President Marcos: Look for new fund source for Mindanao railway

President Marcos yesterday ordered the transportation and finance departments to look for funds for the Tagum-Davao-Digos railway, a project that has been stalled after the government decided to no longer tap Chinese loans for its financing......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

COA: Mountain Province LGU awarded projects to banned firm

The Commission on Audit has flagged the provincial government of Mountain Province for awarding two irrigation projects to a blacklisted construction firm......»»

Category: newsSource:  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

Local execs told: Embark on projects with long-term benefits

With the midterm elections just over a year ahead, President Marcos is reminding local executives to embark on ambitious projects with long-term benefits for constituents and which are insulated from changes in leadership......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024