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Negros Occidental allots P2-M for energy development initiatives
Negros Occidental allots P2-M for energy development initiatives.....»»
DBM: P175.9 million for DOST scholars, researchers OK’d
The Department of Budget and Management (DBM) has approved the release of P175.902 million for the implementation of the Grants-in-Aid (GIA) program of the Department of Science and Technology-Philippine Council for Health Research and Development (DOST-PCHRD)......»»
SRA allots P66-M fund for El Niño mitigation measures
SRA allots P66-M fund for El Niño mitigation measures.....»»
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......»»
P91.3B gipagawas na sa DBM para sa emergency healthcare workers
P91.3B gipagawas na sa DBM para sa emergency healthcare workers.....»»
DBM approves P455-million funding to aid rice farmers
The DBM said that the fund was released to the Department of Agriculture (DA) and three other Government-Owned and Controlled Corporations to cover the fund’s operating requirements for the first quarter of 2024......»»
Tower companies pool in for 4G, 5G infrastructure
Two independent tower companies – Phil-Tower Consortium Inc. and Miescor Infrastructure Development Corp. – are set to form a joint venture company for 4G and 5G mobile network infrastructure in the country......»»
Philippines urged to accelerate development of sustainable infrastructure
The Philippines needs to work double time in building sustainable infrastructure given its high vulnerability to the impacts of climate change and weather disturbances, Singapore-based project facilitation office Infrastructure Asia said......»»
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......»»
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......»»
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......»»
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......»»
Filinvest holding firm allots up to P25 billion for 2024 capex
Filinvest Development Corp., the investment holding company of the Gotianun family, plans to invest as much as P25 billion this year to expand its presence in real estate and power generation, as well as support its ongoing digitalization efforts......»»
DSWD allots Php537M emergency cash aid to shear line, quake-hit families in Samar, Mindanao
Three Field Offices of the Department of Social Welfare and Development (DSWD) started on January 18 the simultaneous payout of cash assistance, through the Emergency Cash Transfer (ECT) program, for the families affected by a triad of disasters that occurred in the last quarter of 2023 to help them recover and resume their normal lives. […].....»»
IFC investing $500 million to address Philippines development challenges
The private sector arm of the World Bank Group is aiming to invest up to $500 million in the current fiscal year in the Philippines to support efforts to address climate change, financial inclusion and infrastructure development......»»
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......»»
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......»»
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......»»
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......»»
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......»»