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Government readies 125 PPP projects worth P3 trillion
More than 100 projects amounting to over P3 trillion are in the pipeline for implementation through the public-private partnership (PPP) mode......»»
Fintech company bullish in PH market
Fintech company bullish in PH market.....»»
BPI bullish this year amid continued loan growth
After posting record earnings in the first quarter, Bank of the Philippine Islands is optimistic about its growth prospects for this year as it sees its loan book growing by 11 to 12 percent, mainly driven by higher loans from consumers......»»
Unilever bullish on Philippine growth prospects
Unilever Philippines is optimistic of sustaining robust growth this year as it aims to grow its business faster than the country’s gross domestic product......»»
TIMELINE: The Cebu Bus Rapid Transit
CEBU CITY, Philippines – Once operational, the bus rapid transit (BRT) in Cebu will be the first of its kind in the Philippines. After spending nearly two decades in the pipeline, the construction of the much-delayed public mass transportation went full swing in 2023. But like most big-ticket projects in the country, it hit multiple.....»»
CitySavings Named One of the 2024 Philippines’ Growth Champions
City Savings Bank (CitySavings) continues to cement its position to become the leading mass market bank in the country with its inclusion as one of the 2024 Philippines’ Growth Champions. The Philippine Daily Inquirer released the report with international market research firm Statista. This year’s Philippines’ Growth Champions are companies with remarkable growth and resilience […].....»»
NEDA Optimistic on Economic Growth in the PH for 2024
National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan expressed optimism about the country’s economic growth for 2024. According to Balicasan, major development organizations like the IMF, ADB, and the World Bank expect the country to have an economic growth rate of at least 6%. The IMF projects a growth rate of 6.2%, the ADB […].....»»
S& P: Philippines may miss growth goal this year
S&P Global Ratings sees the Philippines again missing its growth targets this year as it kept its gross domestic product growth forecast at 5.9 percent. While the projection is better compared to other economies in the region, it is again below the government’s 6.5 to 7.5 percent growth target......»»
RLC kicks off 2024 residential launches with Cubao condo
Gokongwei-led Robinsons Land Corp. is kicking off its new residential project pipeline for 2024 on a high note with the launch of its latest property, Mira Residences, in Quezon City......»»
RLC kicks off 2024 residential launches with Cubao condo
Gokongwei-led Robinsons Land Corp. is kicking off its new residential project pipeline for 2024 on a high note with the launch of its latest property, Mira Residences, in Quezon City......»»
FDC eyes return to pre-COVID-19 profit
Filinvest Development Corp., the listed conglomerate of the Gotianun family, is bullish on its growth prospects this year, with the company setting its sights on returning to pre-pandemic profit levels......»»
Japan credit rater bullish on Philippine growth this year
The Philippine economy is likely to grow by six percent this year, mainly driven by robust private consumption amid easing prices and stable remittances, Japan Credit Rating Agency Ltd. said......»»
AboitizPower’s TVI logs 77% completion in 10-year carbon sink goal
Aboitiz Power Corporation subsidiary Therma Visayas Inc. (TVI) marked the seventh year of its Carbon Sink Management Program with 770,000 trees planted en route to achieving a 10-year one million trees target through 2027......»»
Agencies pledge P6.3B projects for Lapu-Lapu City at CDC
LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 billion for Lapu-Lapu City in 2025. The amount.....»»
Agencies pledge P900M projects for Lapu-Lapu City at CDC
LAPU-LAPU CITY, Cebu — Lapu-Lapu City residents can expect more projects and programs next year, including road repairs, drainage projects, and health-related programs. During the City Development Council (CDC) full council meeting on Monday, March 4, 2024, the Department of Public Works and Highways (DPWH) pledged P5.385 million for Lapu-Lapu City in 2025. The amount.....»»
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......»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
Philippine government retains 6.5 to 7.5 pct GDP growth target for 2024
MANILA, Jan. 26 (Xinhua) -- National Economic and Development Authority (NEDA) Secretary Arsenio Balisacan on Friday expressed optimism that the Philippine government will achieve a gross domestic product growth of 6.5 percent to 7.5 percent in 2024. "This growth will be supported by low and manageable inflation, a labor force with access to more and better jobs, a stronger fiscal position in the form of a lower.....»»
AboitizPower eyes additional 1200 MW of renewable energy
Aboitiz Power Corp. is planning to develop mostly solar and wind power plants in the country as part of efforts to boost its renewable energy portfolio to about 1200 megawatts......»»
AboitizPower names new president
Aboitiz Power Corp. the listed power arm of the Aboitiz Group, has announced the appointment of Danel Aboitiz as the next president and CEO of the company starting July 1......»»