Clark is preferred airport project because of shorter timeline
AMID unsolicited proposals to establish new and modern airports in Bulacan and Sangley Point in Cavite, the government’s chief economic planner still views Clark...
Gov’t studying 6 power proposals for Laguna de Bay
THE Department of Energy (DoE) has accepted six project proposals that seek to use water from Laguna de Bay to produce power using pumped-storage...
MICC meeting this month to short-list mining experts’ panel
AFTER a hiatus following the rejection of former Environment Secretary Regina Paz L. Lopez by the Commission on Appointments in May, the Mining Industry...
BoI ahead of the pace on 2017 investment target
THE Board of Investments (BoI) said it expects registered investments to be worth P290 billion in the seven months to July, or nearly 60%...
Debt service payments rise over 207% in May
PAYMENTS to service government debt rose 207.51% year on year in May, driven by an increase in principal settlements on domestic obligations, the Treasury...
Trusting third parties: Securing your enterprise ecosystem
Suits The C-Suite
By Alvin G. Manuel
The level of interconnection in today’s digital ecosystem has created tremendous opportunities for organizations to work together by extending...
Gov’t debt may top P7 trillion in 2018 amid infra push
THE GOVERNMENT’S outstanding debt may breach the P7 trillion mark next year, according to the Treasury bureau.
Amid preparations for the Budget Expenditures and Sources...
DBM sees signs of spending pickup despite fall in cash usage ratio
THE CASH utilization rate of government agencies slowed at the midyear mark, though the Budget department said it is seeing indications of a spending...
TransCo seeking AIIB, World Bank loans to cover backlog in FiT payments
NATIONAL Transmission Corp. (TransCo) has approached multilateral lending institutions Asian Infrastructure Investment Bank (AIIB) and World Bank for a loan of between P15 billion...
NFA Council says 11 express interest in July rice auction
ELEVEN exporters, mostly from Vietnam and Thailand, have expressed interest to participate in the government auction for the tax-free importation of 250,000 tons of...
WB, ADB may provide Marawi rehab assistance
TWO MULTILATERAL institutions may collaborate in pooling assistance grants for the rehabilitation of Marawi City, Socioeconomic Planning Secretary Ernesto M. Pernia said.
Mr. Pernia...
SN Power, Aboitiz JV’s Magat hydro project seen completed by November
SN ABOITIZ Power-Magat, Inc. (SNAP-Magat) is on track to finish its 8.5-megawatt (MW) run-of-river hydro-power facility in Ramon, Isabela in November, well within the...