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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

Cebu City: DEPW completes 7 projects worth P26.5M, 27 more to follow

CEBU CITY, Philippines – The Department of Engineering and Public Works (DEPW) in Cebu City has already completed the implementation of seven projects amounting to P26.5 million, while 27 more are already in the pipeline. Engineer Niva Bayucot, acting head of DEPW, said that the seven projects were funded from the Local Development Fund (LDF)......»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 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:  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

SPNEC confirms it is looking for investors in Terra Solar to help fund project dev t

SP New Energy, Meralco’s new renewable energy subsidiary, confirms a report that it was seeking investors to help fund the development of the 3.5 GW Terra Solar project, but clarified that it is only seeking investors “at the Terra Solar Philippines Inc. level,” and that it has only “just launched the process and are still in discussions with various possible investors.” .....»»

Category: financeSource:  philstarRelated NewsMar 5th, 2024

PH dev t NGOs: Take People Power to Local Communities as Nation Commemorates EDSA Uprising

The Caucus of Development Non-Government Organization Networks (CODE-NGO) enjoins the Filipino public to keep the spirit of the 1986 EDSA Uprising alive by putting ordinary people at the front and center of local development and local autonomy - ideals, among many others, that figure prominently in the 1987 Constitution, as they facilitate the fulfillment of the rights and freedoms restored by this ongoing de.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 26th, 2024

PH dev t NGOs: Take People Power to Local Communities as Nation Commemorates EDSA Uprising

The Caucus of Development Non-Government Organization Networks (CODE-NGO) enjoins the Filipino public to keep the spirit of the 1986 EDSA Uprising alive by putting ordinary people at the front and center of local development and local autonomy - ideals, among many others, that figure prominently in the 1987 Constitution, as they facilitate the fulfillment of the rights and freedoms restored by this ongoing de.....»»

Category: newsSource:  manilanewsRelated NewsFeb 25th, 2024

Russian economy on sustainable growth trajectory - Mishustin

The country's GDP expanded above expectations last year Russia has not only withstood the pressure of Western sanctions and outside risks but has also managed to steer its economy toward sustainable growth, Prime Minister Mikhail Mishustin said on Tuesday.   Every sector of industry registered positive dev.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 18th, 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

Davao Bus Project to begin major infra construction

FOLLOWING the ceremonial signing of civil works contracts for the construction of the Davao Bus Project’s infrastructure facilities (e.g. terminals, depots and bus stops), the City Government of Davao extended its gratitude to the Department of Transportation (DOTr) and appealed to the agency to guarantee appropriation necessary to deliver the project on time......»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

Abacus Securities thinks SM REIT and Prime Infra IPOs will be delayed and that GCash IPO will happen overseas

Nicky Franco, head of research for Abacus Securities, said that the SM REIT and Prime Infrastructure mega-IPOs will probably not happen in 2024 based on PSE President Ramon Monzon’s expectation of about P40 billion in total IPOs this year on the PSE......»»

Category: financeSource:  philstarRelated NewsJan 17th, 2024

The biggest infra company

San Miguel Corp. president and CEO Ramon S. Ang and Metro Pacific Investments Corp. chair, president and CEO Manuel V. Pangilinan are talking to merge their respective tollways operations – SMC Tollways (under San Miguel Infrastructure Holdings) and Metro Pacific Tollways Corp. MPIC......»»

Category: newsSource:  philstarRelated NewsMar 13th, 2024

Philippine Infradev COO claims Makati Subway Project not very affected , that project will still continue

Philippine Infradev COO Georgina Monsod gave an interview with Hitoshi Iemura of Global Strategy Real Estate that was posted on Youtube on Nov. 28, 2023, where she spoke about the September court decision that altered the land distribution between Taguig and Makati, and about how that might impact INFRA’s crown jewel project, the Makati City Subway......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

Shear line damages P172-M worth of agri products, infra in Davao region

DAVAO CITY (MindaNews / 23 January) – The recent heavy rains brought by the shear line destroyed at least P172 million worth of agricultural products and infrastructure in the Davao region. Data from the Department of Agriculture – Davao region (DA-Davao) said the initial damage to palay, corn and other high-value crops reached P145.3 million. […].....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

Euromoney recognizes Metrobank as Best Bank for Ultra High-Net-Worth Filipinos

Metropolitan Bank & Trust Co. (Metrobank) remains the preferred bank for affluent Filipinos as it receives the Best Bank for Ultra High-Net-Worth (UHNW) award at the Euromoney Global Private Banking Awards 2024......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Apex unit remits P40 million to small-scale miners

A wholly-owned subsidiary of Apex Mining Co. Inc. remitted over P40 million in support to its partner small-scale miners in Itogon, Benguet as part of its initiative to improve operations of small-scale miners......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

P7.2M worth of dried cannabis seized from local supplier along Kennon Road

At least P7.2M worth of dried cannabis leaves and stalks packed in a cylindrical packaging was seized in a sting operation against a local drug trader along Camp 4, Kennon Road in Tuba, Benguet on Wednesday morning......»»

Category: newsSource:  philstarRelated NewsMar 20th, 2024

Forest fire forces closure of Benguet highway

The Atok Municipal Disaster Risk Reduction and Management Office (MDRRMO) ordered the closure of the Halsema highway (Baguio-Bontoc road), specifically in Kilometer 46, Barangay Paoay due to the raging forest fire in the area on Friday morning......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Pacio eyes simultaneous weight classes

Days after being thrown onto the mat head first, almost being rendered senseless and winning a third ONE strawweight world title in Qatar, Joshua Pacio is back in his bailiwick of Benguet and dreaming even bigger. He prayed to not spend any time in the hospital, where he would’ve gone, stir crazy. He just wanted to go home......»»

Category: sportsSource:  philstarRelated NewsMar 10th, 2024

House probe sought on country’s forest fire fighting capabilities

 A lawmaker is calling on the House of Representatives to probe the government’s capability in combatting forest fires following the series of forest fires in Benguet province and elsewhere......»»

Category: newsSource:  philstarRelated NewsMar 1st, 2024