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Bosch launches store as demand for construction tools goes up

Bosch, the brand better known locally for its power tools, opened its first one-stop shop in Quezon city to cover the demand for construction...

MWSS expects three Chinese firms to buy Kaliwa dam project bid...

Metropolitan Waterworks and Sewerage System (MWSS) expects three Chinese companies to secure procurement documents before the government agency bids out the Kaliwa dam project...

Business groups open to Swiss challenge focus

By Arjay L. Balinbin SOME business organizations in the country are open to the government’s focus on the Swiss challenge mode for private-sector involvement in...

BMI flags rising risks in Philippine infrastructure

THE Philippines’ infrastructure sector faces rising risks from implementation hurdles and political concerns, BMI Research said in a Jan. 24 note. The Fitch Group unit...

Spending challenges flagged amid GDP growth

STANDARD CHARTERED Bank sees “steady” Philippine economic growth in 2018 on the back of an infrastructure development push, even as it expects state spending...

Duterte’s building boom may be expats’ ticket home

PRESIDENT Rodrigo R. Duterte’s plan to supercharge growth with a $180-billion infrastructure program is running into a roadblock: a lot of the people he...

15 key infrastructure projects being readied for 2018 launch

THE GOVERNMENT expects a pickup in infrastructure activity this year, with 15 big-ticket projects already in the pre-construction stage, the Finance department said. This adds...

SBITC sees better performance this year

SUBIC BAY International Terminal Corp. (SBITC) sees its performance improving this year, buoyed by both the government and private sector’s interest to invest in...

The 2018 National Budget, Infrastructure, and Economic Growth

The government slogan “Build, build, build!” resonates for many, especially those who have some grounding on economic growth theories. In a serious attempt to...

Build, Build, Build: Speeding up infrastructure development

THE ADMINISTRATION of President Rodrigo R. Duterte has been more particular on improving the country’s infrastructure. Days before they assumed office, Mr. Duterte and his...

Business looks southward even as reality hits home

By Krista A. M. Montealegre National Correspondent THE RISE to power of President Rodrigo R. Duterte fuelled hopes of finally ending decades of insurgency in Mindanao...

Palace cites drug war, budget, TRAIN among achievements

THE TAX reform program as recently passed by Congress, the national budget next year, and the controversial anti-drug campaign are among the highlights of...

ADB approves $380-M loan for Zamboanga road rehab

THE Asian Development Bank’s (ADB) Board of Directors has approved a $380-million loan to fund the rehabilitation of roads in the Zamboanga Peninsula in...

State infrastructure expenditures, other capital outlays rise in October

GOVERNMENT SPENDING on infrastructure and other capital outlays grew by double-digit pace at the start of the fourth quarter on road works, purchase of...

DOTr signs contracts for PNR, LRT-1 extension projects

THE Department of Transportation (DOTr) and consultants of the NSTRen Consortium signed on Friday a contract for construction of the Philippine National Railway Clark...

Bicameral budget talks start amid differences

BOTH CHAMBERS of Congress yesterday began meeting in a bid to ensure Dec. 19 enactment of next year’s proposed P3.767-trillion national budget, amid major...

PHL economy poised to sustain growth momentum

By Melissa Luz T. Lopez, Senior Reporter THE Philippine economy will maintain an above-6% expansion in 2018 supported by “broad-based” growth drivers, a local think...

MPIC sets P653-B capex for next 5 years

By Arra B. Francia, Reporter SYDNEY, AUSTRALIA — Metro Pacific Investments Corp. (MPIC) will be setting aside P653 billion in capital expenditures for the next...

Asian leaders cite connectivity gaps

By Krista Angela M. Montealegre National Correspondent ALLIES of Southeast Asian nations are ready to help foot the mammoth bill needed to plug the region’s infrastructure...

Metro Pacific buys into Vietnamese water company

PHILIPPINE-listed infrastructure giant Metro Pacific Investments Corp. (MPIC) has forayed into the Vietnamese water market thru a P615-million deal that gives it a 45%...

DoF confident infra will sustain 7% GDP growth

THE GOVERNMENT is confident the economy will sustain a 7% growth rate over the medium term, the Finance department said. “The 6.5% growth for the...

AEV pins hopes on gov’t projects to lift cement sales

By Arra B. Francia, Reporter ABOITIZ EQUITY Ventures, Inc. (AEV) is banking on the implementation of the government’s infrastructure projects to boost its cement business...

PPP to continue to take back seat to state funding —...

NOTWITHSTANDING calls by Philippine and foreign business groups for the government to put public-private partnership (PPP) arrangements back at the forefront of its infrastructure...

Key infra projects part of Japanese assistance

KEY INFRASTRUCTURE projects are expected to be given a boost by Japan’s financial assistance pledged in the course of President Rodrigo R. Duterte’s ongoing...

Group on infrastructure hurdles formed

THE GOVERNMENT has formed an interagency group “to address bottlenecks and gaps in the country’s infrastructure development,” the National Economic and Development Authority (NEDA)...

Duterte’s Japan agenda: infrastructure, Marawi rebuild

PRESIDENT Rodrigo R. Duterte’s visit to Japan next week will tackle issues like infrastructure development, Marawi reconstruction, and security and counter-terrorism, officials said. The Department...

Gov’t infra spending rises 15.4% boosted by DPWH

GOVERNMENT infrastructure spending and other capital outlays grew 15.4% in the third quarter as public works projects picked up momentum, the Department of Budget...

State outlays for transport, hospitals, schools rise

GOVERNMENT disbursements on infrastructure and other capital outlays grew by nearly a fifth in August from last year, according to data the Department of...

Tan’s AGI wants to build monorail from Fort to MRT

By Arra B. Francia, Reporter ALLIANCE GLOBAL Group, Inc.’s (AGI) latest push for diversification will be into the infrastructure sector, starting with the submission of...

Government to borrow less next quarter

THE GOVERNMENT plans to raise up to P150 billion from domestic lenders next quarter, 23% less than the P195 billion programmed in the three...

S&P cites banks as infrastructure support

By Melissa Luz T. Lopez Senior Reporter PHILIPPINE banks are well-positioned to support lending for the government’s big-ticket infrastructure projects, an analyst at S&P Global Ratings...

ODA loan use better in first half

THE GOVERNMENT improved its use of official development assistance (ODA) loans last semester from a year ago, according to the National Economic and Development...

Approval process for infrastructure streamlined at NEDA Board level

ECONOMIC MANAGERS will seek to identify and eliminate redundant approval processes for government projects, in order to fast-track their implementation. “Our goal here is to...

Economic managers plan China infra roadshow in late Sept.

CABINET OFFICIALS will visit China on Sept. 27-29 in a bid to attract more potential infrastructure investors as well as to review the progress...

Economic team to visit Tokyo ahead of November signings for Japan-ODA...

THE GOVERNMENT’S economic and infrastructure team will be visiting Tokyo this month to review the progress of infrastructure projects to be funded by the...

Panay-Guimaras-Negros bridge pre-feasibility study starts

ILOILO CITY — State-owned China Communications Construction Co., Ltd. (CCCC) has started the pre-feasibility study for the P27.156-billion bridge that will link the islands...

NEDA OK’s subway, major roads, bridges

FOUR MORE flagship projects cumulatively worth P386.248 billion, led by the country’s first subway that will run in Metro Manila, under the government’s P8.44-trillion...

Gov’t to ease foreign cap in construction

THE GOVERNMENT is looking to allow foreign contractors to take on public construction projects under a more liberal Foreign Investment Negative List (FINL) in...

Not enough warm bodies for Build! Build! Build! program

By Raymond Franco Oppositors to the tax reform bill being pushed in Congress, as embodied in House Bill (HB) 5636, are quite numerous. In addition,...

Big infrastructure projects near final OK

THREE big-ticket infrastructure projects -- including a plan to build Metro Manila’s first subway -- will soon be up for President Rodrigo R. Duterte’s...

Foreign business leaders press government on infrastructure agenda

FOREIGN INVESTORS want the government to pick up the pace on infrastructure development, fearing that President Rodrigo R. Duterte may run out of time...

SEC approves JG Summit’s new infrastructure unit

THE Gokongwei group has established a new company that would handle its investments in infrastructure. In a disclosure to the stock exchange, JG Summit Holdings,...

Project bonds not needed ‘for now’

By Melissa Luz T. Lopez Senior Reporter THE GOVERNMENT is not keen on offering bonds to fund big-ticket infrastructure projects, National Treasurer Rosalia V. De Leon...

JICA assessment of Davao infrastructure due October

DAVAO CITY — A team funded by the Japan International Cooperation Agency (JICA) is set to present within the next two months its initial...

Gov’t auctions to be limited to single rebidding — NEDA

THE GOVERNMENT will only allow a maximum of one rebidding in the procurement process, and will shorten the bidding period in public-private partnership (PPP)...