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A construction boom and a thriving cement industry

Construction activities in the Philippines are swelling. According to the Philippine Statistics Authority (PSA), the total number of constructions in the second quarter of...

Foreign business groups welcome infrastructure drive, but worry about changing incentives...

FOREIGN CHAMBERS welcome the government’s infrastructure development push and unveiled their annual list of recommendations to further push this drive, but believe efforts to streamline incentives would make the country less attractive to investments.

DBP books higher net income in first semester

THE Development Bank of the Philippines (DBP) saw its net income rise in the first half of the year supported by its robust lending and deposit businesses.

DPWH opens new bridges in Pampanga, Bataan

The Department of Public Works and Highways (DPWH) opened on Thursday, Sept. 6, three new bridges in Pampanga and Bataan to replace the existing...

State infrastructure spending, other capital outlays maintain growth

STATE SPENDING on infrastructure and other capital outlays surged in July on roadworks and flood control projects, along with the purchase of heavy capital equipment for the military and the coast guard, the Department of Budget and Management (DBM) said on Wednesday.

Economic growth expected to fall short of target

OVERALL economic growth will likely fall short of the official target this year, according to the country’s Finance chief and a financial and investment advisor, partly due to quickening inflation even as infrastructure development should pick up steam.

Lacson questions DPWH’s unresolved right-of-way issues on road projects

Senator Panfilo M. Lacson on Monday, Sept. 3, questioned anew the unresolved right of way issues of the Department of Public Works and Highways'...

Chinese bridge pushes Maldives deeper in debt: opposition

Maldives -- The Maldives opposition said Friday that President Abdulla Yameen had pushed the Indian Ocean nation deeper into a Chinese "debt trap" with...

US seeking role in PHL infrastructure program

THE United States is making a pitch on behalf of US companies seeking to participate in the government’s ambitious infrastructure program.

Philippines eyes 10 loan agreements with China during Xi Jinping’s visit

THE GOVERNMENT expects to ink about 10 loan agreements for infrastructure projects with China during Chinese President Xi Jinping's visit here in November. "Some have...

Bicol International Airport project halfway done — DoTr

The Department of Transportation (DoTr) said construction of the Bicol International Airport is 50% complete and is well on track for its opening in...

San Miguel may get go signal for TPLEx extension by next...

THE DEPARTMENT of Public Works and Highways (DPWH) said it is looking to give San Miguel Corp. (SMC) by next month the original proponent status (OPS) for its proposal to extend the Tarlac-Pangasinan-La Union Expressway (TPLEx).

Malaysia PM calls for China’s help with fiscal problems

Beijing -- Malaysian Prime Minister Mahathir Mohamad called on China's top leadership to help with his country's fiscal problems Monday, as he seeks to...

ADB approves $300-million loan to fund Philippines’ infrastructure projects

THE ASIAN Development Bank (ADB) has approved a $300-million loan for the Philippines to fund a program that promotes the development of public-private partnership...

60 PRDP projects in Mindanao completed

DAVAO CITY — Sixty infrastructure projects in Mindanao out of 171 approved under the World Bank-funded Philippine Rural Development Project (PRDP) have been completed, based on the PRDP June report.

Investing in infrastructure: Which areas is the government focusing on?

The government's 2017-2022 Public Investment Program (PIP) contains a rolling list of priority programs and projects that it plans to implement until the end Pres....

DBM orders early procurement for 2019 projects

The Department of Budget and Management (DBM) ordered government agencies to conduct early procurement activities for 2019 projects to speed up the delivery upon...

Infrastructure spending, capital outlays top target in first half

Government spending on infrastructure and other capital outlays breached its first-semester target due to roadworks, the Budget department said. Budget Secretary Benjamin E. Diokno presented...

PHA teams up with Korean firm for foray into tourism, infra,...

Premiere Horizon Alliance Corp. (PHA) is looking to venture into infrastructure, tourism, and power, after signing an agreement with Korean firm D-Eco Energy Co....

World Bank cites ‘satisfactory’ progress of DA’s rural infra projects

THE WORLD Bank has cited the "satisfactory" progress of the Department of Agriculture's (DA) rural infrastructure projects funded by the Washington-based lender. In its Implementation...

Asia growth outlook flags PHL’s ‘large infrastructure deficit’

A report has cited the need for Asia, especially emerging economies such as the Philippines, to continuously invest in infrastructure in order to sustain economic momentum in the country and the region.

Chinese envoy: PHL grants come with no strings attached

By Arjay L. Balinbin, Reporter The Philippines is not a province of the People’s Republic of China, Chinese Ambassador to the Philippines Zhao Jianhua stressed...

DPWH: Construction of two China-funded bridges along Pasig River to begin...

The Department of Public Works and Highways (DPWH) is set to begin the construction of two China-funded bridges along Pasig River by next week. DPWH...

Economic managers tout gains ahead of SONA

THE GOVERNMENT has put key pieces of reforms in place for the country to build “strong momentum” to grow faster in the years ahead, economic managers said in a forum on Friday.

MPTC starts work on Cebu-Cordova expressway

CEBU CITY — A Metro Pacific Tollways Corp. (MPTC) unit began on Thursday the construction of a toll bridge that will connect Mactan island to mainland Cebu.

At least 6.5% growth ‘easily achievable’

THE PHILIPPINE ECONOMY can easily expand by at least 6.5% over the next few years on robust investments and consumer spending, analysts at S&P Global Ratings said, adding that sound policies and the infrastructure push should help lift growth prospects.

Megawide targets to book P24 billion in construction contracts this year

Diversified engineering conglomerate Megawide Construction Corp targets to book P24 billion worth of new construction contracts this year, double than what it had in...

PHL, Japan eye ‘collaboration’ in Build Build Build program

Manila and Tokyo continued to engage in talks to deepen industrial cooperation amid the ongoing Build Build Build program of the government. In a statement...

The building blocks of the country’s future

On the back of a massive ongoing plan by the Philippine government to upgrade and modernize the country’s infrastructure, the construction industry is in...

Toward a greener construction industry

The country’s construction industry is seen sustaining its growth, supported by robust macroeconomic growth and the acceleration of infrastructure as pushed by the government. Oxford...

The embattled yet hopeful Duterte presidency

The presidency of Rodrigo R. Duterte has always been marred by conflict. From the beginning, it was unceasing, coming as if from all sides,...

Improving lives through infrastructure

President Rodrigo R. Duterte’s centerpiece project, the “Build, Build, Build” program aims to usher in the “Golden Age of Infrastructure,” and is known as...

Toward a stronger economy

The current administration inherited a robust economy from its predecessor. And exactly two years after President Rodrigo R. Duterte assumed the office, the economy...

DoTr: Firms with pending cases against government banned from project bidding

The Department of Transportation (DoTr) has issued a new memorandum restricting companies with pending cases versus the government to join any of its bidding...

NEDA bullish on project completion

THE GOVERNMENT now expects to complete nearly half of its 75 flagship infrastructure projects by the time President Rodrigo R. Duterte ends his six-year term due to efforts to address bottlenecks in approval, funding and implementation, the National Economic and Development Authority (NEDA) said in a briefing on Wednesday.

May sees infra, other capital outlays rise

INFRASTRUCTURE and other capital outlays continued to surge in May, the Department of Budget and Management (DBM) said on Wednesday, backing projections that gross domestic product (GDP) growth caught up with the official target this quarter.

Roadwork and new buildings see surge in capital outlays in May:...

Infrastructure and other capital outlays continued to surge in May, due to roadwork and building construction, the Department of Budget and Management (DBM) said...

Gov’t pitching more projects for AIIB funding

THE PHILIPPINES is seeking Asian Infrastructure Investment Bank (AIIB) funding for more projects, the Department of Finance (DoF) said on Tuesday.

WB-backed flood project construction due in Q4

THE bidding process for the Metro Manila Flood Management Project is set to begin next month, the World Bank (WB) said, with the construction period to start in the fourth quarter.

Construction at major state projects set to begin

CONSTRUCTION WORK for at least nine of the 75 key large-scale infrastructure projects of the Duterte administration is set to begin next semester.

Construction of 10 big-ticket infrastructure projects to start within the year...

CONSTRUCTION WORKS for 10 of the 75 key large-scale infrastructure projects of the Duterte administration are set to begin in the latter half of...

Tan-led Infracorp eyes O&M partner for Skytrain

INFRACORP Development, Inc. is currently looking for an operations and maintenance (O&M) partner for its P3.5-billion Skytrain project, saying it is speaking with several firms from Austria, France, Japan and China.

Swiss challenge for Marawi rehab may start next week

THE Swiss challenge for proposals on the rehabilitation of Marawi City will start on Tuesday should negotiations with a consortium be successful, the concerned government inter-agency task force group announced on Friday.

New MCIA terminal to service int’l flights starting on July 1

LAPU-LAPU CITY, MACTAN — President Rodrigo R. Duterte on Thursday led the inauguration of the second terminal of the Mactan Cebu International Airport (MCIA), which is expected to ease congestion at the Philippines’ second busiest gateway.

Construction of railway for Subic-Clark cargo train to start next year...

The government’s plan to build a cargo train railway connecting Subic to Clark is targeted to start next year, Budget Secretary Benjamin E. Diokno...