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Japan still PHL’s top source of ODA

JAPAN remained the Philippines’ leading source of official development assistance (ODA) as of March, with just over 40% of the foreign-aid portfolio, according to the National Economic and Development Authority (NEDA).

A broad and deep relationship

The Philippines is one of Australia’s longest-standing bilateral partners, according to the Web site of the Australian Embassy in the Philippines. With these ties...

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...

NEDA reports accelerated spending of ODA loans in 2017

SPENDING of official development assistance (ODA) loans sped up in 2017, the National Economic and Development Authority (NEDA) said. In a statement on Thursday, July...

Japan may lend $346M for MRT-3

JAPAN is considering a 38.101 billion-yen (about $346 million) official development assistance (ODA) loan for the rehabilitation of Metro Rail Transit (MRT)-3, and an additional 4.37 billion yen for the ongoing construction of the New Bohol Airport.

Korean ODA doubles to $1 billion

THE SOUTH KOREAN government has doubled to $1 billion its official development assistance (ODA) to the Philippines for government projects, including the construction of new Cebu International Container Port, Dumaguete Airport, and project preparation facility of the National Irrigation Administration (NIA), the Department of Finance (DoF) said on Tuesday, June 5.

Philippines, Japan sign first tranche of loan deal for subway line

THE PHILIPPINE government and the Japan International Cooperation Agency (JICA) inked on Friday, March 16, the first tranche of the loan agreement for the...

Philippines eyes three loan agreements with China this year

The government is looking to sign three loan agreements with China this year, with prospective bidders already lined up to bid for project contracts,...

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...

Philippines to secure first tranche of loan from Japan for subway...

The Philippines is targeting to secure next month an initial loan line from Japan for the construction of the country’s first subway line, as...

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...

Philippines to sign ODA agreement with South Korea, including $1.7-B credit

THE PHILIPPINES is set to sign an agreement with South Korea for loans and grants on the sidelines of the 31st Association of Southeast...

PHL to sign new ODA loan deal with France

THE PHILIPPINES is set to sign a new official development assistance (ODA) loan agreement from France to support local government fiscal reforms. “The Philippines will...

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...

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...