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Inter-agency committee formed to streamline land acquisition for nat l railway projects
The government has created an inter-agency committee to standardize the process of land acquisition for the implementation of the country’s railway projects......»»
Davao cacao council eyes projects to up farmers’ income
THE chairperson of the Davao Region Cacao Industry Development Council (DRCIDC) shared that they are preparing projects to increase the farmers’ income with the help of Mennonite Economic Development Associates (Meda)......»»
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......»»
Decision-Making Process for Small Business Owners
As a small business owner, the weight of countless decisions rests entirely on your shoulders. From product development to marketing strategies, each choice can significantly impact your success. Sometimes, a single decision can make or break your business. This is why while intuition plays a role, a well-thought-out decision-making process will ensure that you’re making […].....»»
Government to limit debt as new taxes hang
With outstanding debt at a record high, the government may have to go slow with its borrowing spree, at least for now, amid its no new taxes stance and the still elevated interest rate environment......»»
Cebu City sets 14 road opening, widening projects worth P3.8B
CEBU CITY, Philippines – The Cebu City government is set to implement 14 road opening and widening projects this year in a bid to ease traffic. Engr. Miralex Toribio, acting assistant city engineer of the Department of Engineering and Public Works (DEPW), disclosed that around P3.8 billion worth of road opening and widening projects.....»»
Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Philippines approved investment projects up 73 pct in 2023
MANILA, Jan. 14 (Xinhua) -- The approved investment projects in 2023 amounted to 1.26 trillion pesos (roughly 22.5 billion U.S. dollars) in 2023, 73 percent higher than in 2022, Philippine Department of Finance (DOF) said Sunday. Citing an updated report of Board of Investments (BOI), the DOF said in a press release that the approved investments comprised 311 projects, mainly on renewable energy, telecommunicati.....»»
Cancer Center PPP up for NEDA board approval
The proposed change in the cost and terms of the University of the Philippines - Philippine General Hospital (UP-PGH) Cancer Center public private partnership (PPP) project will be presented for the National Economic and Development Authority (NEDA) board approval next week, the PPP Center said. .....»»
Labor groups cheer Senate’s approval of P100 wage hike bill
Labor groups cheer Senate’s approval of P100 wage hike bill.....»»
CLI secures PCC approval for JV with Singapore builder
Property developer Cebu Landmasters Inc. has received approval from the antitrust body to proceed with its joint venture with a Singapore-based builder for the construction of high-end residences in Cebu City......»»
NAPOCOR seeks approval of higher subsidized rates
The National Power Corp. is seeking the approval of the Energy Regulatory Commission for an increase in the rates to be paid by consumers in off-grid areas in the country......»»
Planned national road closures need Cebu Traffic Board’s review, approval
Planned national road closures need Cebu Traffic Board’s review, approval.....»»
Recto expected to get Commission on Appointments approval
Finance Secretary Ralph Recto in all likelihood will breeze through his confirmation process on Wednesday, having been a former senator who used to be a member of the Commission on Appointments......»»
From the Newsrooms: February 11 to 17, 2024
WITH PRESIDENT Ferdinand Marcos Jr's clear signal of his approval, it was no surprise for the media to pick up the heightened discussion of charter change (Chacha) in the Senate.On February 12, the Senate was clearly engaged in the process as its Subcommittee on Constitutional Amendments and Revision of Codes began its second deliberation of the Resolution of Both Houses No. 6 amending three constitutional provi.....»»
From the Newsrooms: February 11 to 17, 2024
WITH PRESIDENT Ferdinand Marcos Jr's clear signal of his approval, it was no surprise for the media to pick up the heightened discussion of charter change (Chacha) in the Senate.On February 12, the Senate was clearly engaged in the process as its Subcommittee on Constitutional Amendments and Revision of Codes began its second deliberation of the Resolution of Both Houses No. 6 amending three constitutional provi.....»»
EDITORIAL — ‘Very rotten’
A process has long been in place for the approval of the national budget. Malacañang, through the Department of Budget and Management, submits its proposed national expenditure program to Congress, and both chambers deliberate on the NEP to come up with their respective versions of the budget bill......»»
FDA to slash generic drug review to 45 days
The country's Food and Drug Administration announced Tuesday that it will shorten the review and approval process for generic drug applications to only 45 days from 120 days. .....»»
President Marcos orders completion of water projects amid El Niño
To avert a potential water shortage especially during El Niño, President Marcos ordered yesterday the immediate completion of all water projects in the country being undertaken by both the private and public sectors......»»
Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles
The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»