ADB lends $300 million to boost PPP flow The Asian Development Bank (ADB) has approved a $300 million policy-based loan to support the strengthening of the country’s public-private partnership (PPP) framework. — The Philippine Star […]
PHL seeks $1.96-B ADB funding for devt projects THE Philippine government has proposed at least $1.96 billion worth of projects for financing by the Asian Development Bank (ADB) and other development partners. — Business Mirror […]
Foreign portfolio investments post net inflow in July: BSP Registered foreign portfolio investments for the month of July 2018 amounted to USD959 million, reflecting a 5.3 percent improvement from the USD911 million figure in June […]
Davao-based state university to launch P4.8-M data center The state-run University of Southeastern Philippines (USEP) announced on Tuesday it is set to launch a data center project with a funding cost of PHP4.89 million. — […]
US turns over P807-M surveillance, reconnaissance system to Air Force The United States government turned over an P807-million surveillance and reconnaissance system for the C-130 Hercules aircraft to the Philippine Air Force at Villamor Air […]
Proposed P3.757-T 2019 nat’l budget appears headed for a slow down The passage of the proposed 2019 P3.757 trillion national budget in the Senate appears headed for a slow down as lawmakers disagree on whether […]
Seoul’s $1-B loans boosting PHL’s infra buildup, says envoy Continued from a1 MORE than half of the $1 billion worth of concessional loans the South Korean government is extending to the Philippines in the next […]
Philippine GDP Growth Drops To Three-Year-Low Economic growth in the Philippines slowed to six per cent during the second quarter of the year, the Philippine Statistics Authority said on August 9. — Investvine Bangko Sentral […]
Philippines revises Q1 2018 GDP down to 6.6% The Philippine Statistics Authority (PSA) updated the gross domestic product (GDP) in the 1st quarter of 2018 to 6.6% from 6.8%. — Rappler P30B needed for full […]
Over P16B from Train to fund 2019 infra projects MORE than P16 billion of estimated total revenues from Republic Act 10963, or the Tax Reform for Acceleration and Inclusion (Train) Act, will partially finance a […]
Gov’t mulls subsidy to $3.5-billion planned Chinese steel plant project The government is preparing a special subsidy in the form of lower land lease and power rate to Panhua Group, China’s leading integrated steel producer […]
DTI provides P11.5M-loan to Marawi siege survivors THE trade department has delivered a total of P11.5 million of loans to wounded soldiers and families of those killed in action during the siege of Marawi City. […]