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https://business.inquirer.net/224127/chinese-trade-execs-firm-infra-deals China’s top trade officials as well as a business delegation will be in Manila on Feb. 23-24, to firm up financing commitments for big-ticket infrastructure projects in the country, the Department of Finance (DOF) said on Sunday. In a statement, Finance Secretary Carlos G. Dominguez III said he told China’s commerce minister Gao Hucheng […]
MANILA, Philippines – Ayala Corp. hopes the Duterte administration’s planned infrastructure projects would soon hit the road running, saying that the country badly needs new railway systems, roads, bridges and airports. The Duterte administration is facing hurdles for its infrastructure projects. For instance, House Speaker Pantaleon Alvarez questioned the administration’s first public-private partnership (PPP) project, […]
MANILA, Philippines – The Philippine Ports Authority (PPA) is making a renewed push for the Roll on-Roll off (Ro-Ro) port system to heed the private sector’s call to improve facilities as operators are modernizing their fleet. PPA general manager Jay Daniel Santiago said his agency is collaborating with the Manila Sports Car Club to traverse […]
http://www.bworldonline.com/content.php?section=Economy&title=$5.5-M-Concepcion-port-rehabilitation-ready-for-bidding&id=140124 ILOILO CITY — Bidding will soon be opened for the $5.5-million Northern Iloilo Fishery Rehabilitation and Development Project, located in Concepcion town in Iloilo province, following the green light for funding from the Korea International Cooperation Agency (KOICA). KOICA Country Director Shin Myung Seop, Iloilo Gov. Arthur D. Defensor Sr. and Concepcion Mayor Millard […]
MANILA, Philippines – AKH General Contractor, a civil engineering company, plans to build a P52 billion elevated highway that would connect the cities of Manila to Taguig through the Pasig River. The company, owned by Filipino-Chinese businessman Armando Khong Hun, has submitted to the Duterte administration an unsolicited proposal for the project last year and […]
The government wants a closer look at three major road projects, including Davao City’s first expressway and a tollroad in Metro Manila that would link the cities of Manila, Makati, Pasig and Marikina. Information released by the Department of Public Works and Highways showed that its secretary, Mark Villar, had authorized the procurement of consulting […]
MANILA, Philippines – MWM Terminals, the consortium of Megawide Construction Corp. and WM Property Management Inc., expects to break ground on the P2.5-billion Integrated Transport System (ITS) – Southwest public-private partnership (PPP) project within the first quarter. Megawide said the consortium plans the groundbreaking for the project within this quarter. Last October, the Department of […]
Robinson’s Place and Gaisano Mall in Iloilo City have already switched to solar energy to contribute to cutting carbon emissions ILOILO CITY, Philippines – To cut the high cost of electricity in the city, more establishments here are converting to clean energy, specifically solar power. Despite the recent drop in power rates from around P13.50 […]
https://business.inquirer.net/224056/whats-driving-ph-property-sector It has probably become an opt repeated news by now: that the Philippine property sector is well poised to sustain the stellar performance it has seen in recent years. There seems to be no stopping the growth of real estate and consequently, its related industries, as current and expected developments support this optimistic forecast. […]
https://business.inquirer.net/224059/bustling-fort-bonifacio-remains-attractive-destination It has been touted as one of the most bustling central business districts today, seen by investors as the next financial district, and currently regarded as the most coveted residential address by many. Fort Bonifacio has come a long way from being a former military base, to becoming a prime location where upscale property […]
