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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: philstar philstarMay 15th, 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

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

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

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 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

Group calls for lease-free broadband installation among property owners

An advocacy group has urged property owners to lift the lease fees for the installation of broadband connectivity as more Filipinos need internet access, emphasizing it is now a basic necessity......»»

Category: newsSource:  philstarRelated NewsMay 29th, 2024

‘Government broadband program key to digital push’

An international think tank has lauded the administration’s Broadband ng Masa Program, saying it is a critical component of efforts toward digital transformation and inclusivity, but warned there needs to be a greater push for improvement......»»

Category: financeSource:  philstarRelated NewsMar 12th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 3rd, 2024

Converge tops broadband speed in 2023

Broadband provider Converge ICT Solutions Inc. snapped the five-year streak of PLDT Inc. as the operator to beat in the Philippines as it claimed the top spot in 2023 for turning in the fastest internet speed......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Government urged to keep spending, avoid high surplus

The government should not keep a high surplus and instead continue to ramp up spending in order to meet the growing needs of the economy, an economist said......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Group calls for lease-free installation of broadband links

Like free access to electricity and water lines, the installation of broadband connectivity should not bear additional costs to internet providers, according to CitizenWatch Philippines......»»

Category: newsSource:  philstarRelated NewsApr 14th, 2024

PLDT out to fortify broadband dominance

Who says the broadband market is saturated?.....»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

ABS-CBN clarified PCC has not completed its review of broadband business sale to PLDT

ABS-CBN clarified that the Philippine Competition Commission has not completed its review of the proposed P6.8 billion sale of Sky Cable’s broadband business to PLDT......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Quick rollout of PPPs to boost economic growth

The rollout of more infrastructure projects that involve the private sector is expected to prop up economic growth with the government likely to make up for its lagged spending last year, according to banking giant UBS......»»

Category: financeSource:  philstarRelated NewsFeb 29th, 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......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 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

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

Government arsenal spending up 420 percent but misses production target

The Government Arsenal increased its spending in 2023 by 420 percent, but still failed to meet its ammunition production target for the year, according to a report from the Commission on Audit......»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

Government urged to invest on boosting internet connection

Concerned stakeholders are urging the government to focus more on boosting the Philippines' investment in broadband connections, noting the growing need for faster and better internet connection among Filipinos......»»

Category: newsSource:  philstarRelated NewsMay 27th, 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