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Converge and DITO team up to share select fiber optic cable infrastructure

Converge and Dito Telecommunity put out a joint press release yesterday to announce the signing of what they call a Master Facilities Provisioning Agreement (MFPA) for the sharing of select land-based and undersea fiber optic cable assets......»»

Category: financeSource: philstar philstarJan 12th, 2024

Philippines urged to improve broadband infrastructure

The Philippines will need to pursue and implement reforms aimed at encouraging competition and investments to improve its broadband infrastructure, according to a World Bank study......»»

Category: financeSource:  philstarRelated NewsJan 24th, 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

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

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

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

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

World Bank urges Philippines to address funding, infrastructure challenges

The Philippines need to address challenges in terms of funding, lack of digital infrastructure and technical competencies as local government units are looking to develop smart cities, the World Bank said......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 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

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

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

Balamban town completes 30 infrastructure projects

Balamban town completes 30 infrastructure projects.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 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

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

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

Solo parents to get P1K monthly subsidy

The Local Solo Parents' Ordinance, recently approved by the 20th City Council of Davao City, promises a monthly subsidy of approximately P1,000 for eligible beneficiaries. Councilor Tricia Ann Villafuerte highlighted the ordinance's significance in providing vital support to solo parents and their children, as there are approximately 6,000 solo parents in Davao City. This ordinance is an adaptation of the national law, Republic Act 8972, customized to address the unique needs of solo parents in the city. It aims to meet the essential needs of mothers and their children, including school supplies, consultation, laboratory diagnostics, and financial assistance, such as medical, death, and burial aid. Additionally, solo parents will receive a monthly monetary subsidy of P1,000 and are entitled to a 10 percent discount on select basic commodities, similar to senior citizens and Persons with Disability (PWD). To qualify for the benefits, applicants must submit necessary documents and meet specific criteria, while disqualification grounds include changes in civil status and provision of necessary assistance by the other biological parent as per the Family Code of the Philippines. It's important to note that individuals under the Pantawid Pamilyang Pilipino Program (4Ps) are ineligible for the Local Solo Parents' Ordinance......»»

Category: newsSource:  sunstarRelated NewsJan 27th, 2024

Top 10 e-commerce sites in the Philippines 2019 - ASEAN UP

With a dynamic economy and a large population proficient with digital technologies, the Philippines is a fast-growing market for e-commerce in Southeast Asia. Several websites and digital applications are already fighting for market share, with global, regional and national players. The growing connectivity of the Philippines, rapidly overcoming the countrys infrastructure difficulties, enable more and Continue reading &q.....»»

Category: newsSource:  manilanewsRelated NewsMar 23rd, 2024