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Chinese presence at NGCP

The Chinese presence at NGCP can be blamed on former president Gloria Macapagal-Arroyo who allowed it to happen. She was very close to China, trying a pivot to China away from the United States through Chinese supported infrastructure projects......»»

Category: financeSource:  philstarRelated NewsJan 10th, 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

That extra step: How TV Patrol verified Rep. Paolo Duterte s questionable PHP51-billion infrastructure budget

CHEERS TO ABS-CBN's TV Patrol for its report that confirmed that Davao City 1st District Representative Paolo Duterte received a total of PHP51 billion for infrastructure projects from 2020 to 2022, when his father, former president Rodrigo Duterte, was still in o.....»»

Category: sportsSource:  abscbnRelated NewsFeb 1st, 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

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

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

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

Alternergy eyes P8.3 billion to fund projects

Renewable power producer Alternergy Holdings Corp. is beefing up its war chest with planned additional project financing of P8.3 billion, set to be completed before the year ends......»»

Category: financeSource:  philstarRelated NewsJun 3rd, 2024

Kalahi-Cidss eyes to complete add’l financing sub-project by June

THE Department of Social Welfare and Development-Davao Region (DSWD-Davao) said that the sub-projects of the Kapit-bisig Laban sa Kahirapan Comprehensive and Integrated Delivery of Social Services (Kalahi-Cidss) program, under the Additional Financing modality, is set to be completed by June 2024......»»

Category: newsSource:  sunstarRelated NewsApr 29th, 2024

Philippines eyes stronger cooperation, economic ties with Germany

The Philippines and Germany are looking to step up cooperation in areas like minerals processing and investment financing to boost economic ties, according to the Department of Trade and Industry......»»

Category: newsSource:  philstarRelated NewsApr 3rd, 2024

TURNING POINT: One China Bully Principle

NAAWAN, Misamis Oriental (MindaNews / 23 January) – President Ferdinand Marcos, Jr. (PBBM) was called out recently by Beijing for congratulating Lai Ching, the newly elected President of the Republic of China (Taiwan). The People’s Republic of China (PRC) was visibly irked by PBBM for expressing closer collaboration with Taiwan to advance mutual interest. The […].....»»

Category: newsSource:  mindanewsRelated NewsJan 23rd, 2024

FACT CHECK | Constitutionality, not ‘noble intentions’, basis for allowing joint ventures in West Philippine Sea – Supreme Court

In her column published on manilatimes.net on Dec. 23, 2023, Anna Malindog-Uy proposed, among others, possible joint ventures in the utilization of the resources in the South China Sea to pave the way for a non-confrontational resolution of maritime and territorial claims involving the Philippines and China. The article consistently used the term South China […].....»»

Category: newsSource:  mindanewsRelated NewsJan 14th, 2024

Megawide puts brakes on unsolicited proposals

Tycoon Edgar Saavedra’s Megawide Construction Corp. is putting the brakes on unsolicited proposals for now, as the listed infrastructure conglomerate intends to focus on solicited projects that are part of the government’s infrastructure flagship program......»»

Category: financeSource:  philstarRelated NewsJun 3rd, 2024

Philippines urged to address infrastructure challenges

The government will need to quickly address issues in infrastructure to achieve high and sustainable growth, according to think tank GlobalSource Partners......»»

Category: financeSource:  philstarRelated NewsJun 2nd, 2024

Government infrastructure spending rises to P220 billion in Q1

The government increased its infrastructure spending to almost P220 billion in the first quarter, mainly to finance road and defense projects, the Department of Budget and Management said......»»

Category: financeSource:  philstarRelated NewsMay 21st, 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