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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

MMDA to allow 24-hour road works by DPWH until April 11

The Metropolitan Manila Development Authority announced road reblocking and repairs by the Department of Public Works and Highways until next week......»»

Category: newsSource:  philstarRelated NewsApr 4th, 2024

MVP, Ang may jointly bid for MRT-3

Another infrastructure tie-up between tycoons Manuel V. Pangilinan and Ramon Ang could be in the works as Metro Pacific Investments Corp. will engage San Miguel Corp. in bidding for the privatization of the Metro Rail Transit Line 3......»»

Category: financeSource:  philstarRelated NewsJan 18th, 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

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

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

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

Cebu City Council pushes to suspend civil works of CBRT’s packages 2-4

Cebu City Council pushes to suspend civil works of CBRT’s packages 2-4.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

Ex-Mingla Vice Mayor ordered to halt construction works

Ex-Mingla Vice Mayor ordered to halt construction works.....»»

Category: newsSource:  sunstarRelated NewsApr 17th, 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

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

Duterte to Marcos: let’s take a drug test at the Luneta Park

DAVAO CITY (MindaNews / 30 January)—Former President Rodrigo Duterte dared President Ferdinand Marcos Jr. to take a drug test at the Luneta Park in Manila to prove to the public that he does not use illegal drugs. He said he is willing to take the drug test, too. “It is not me who will prove, […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

Villar lauds focus on faster ROW process

Senate Deputy Majority Floor Leader and former public works secretary Mark Villar had lauded President Marcos’ move to create an inter-agency committee to speed up the acquisition of rights-of-way (ROW), saying this will be crucial to managing the cost of vital rail transportation infrastructure project and in ensuring that timelines are met......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

Infrastructure damage hits P588.4 million in Davao, Caraga

Damage to infrastructure due to floods and landslides following heavy rainfall spawned by the northeast monsoon and trough of a low-pressure area in Davao and Caraga regions since Jan. 28 has reached P588.4 million......»»

Category: newsSource:  philstarRelated NewsFeb 11th, 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

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