SECTOR BACKGROUND AND POTENTIAL
The Philippines is significantly underinvesting in physical infrastructure, with its public sector infrastructure budget consistently below 3% of GDP. Spending on social infrastructure for education and health is also inadequate at slightly over 4% of GDP. Polls of businessmen repeatedly show poor infrastructure as one of the top challenges facing the Philippine economy, second only to corruption. Like corruption, poor infrastructure severely weakens economic competitiveness.[ Read This Chapter ]
27 April, 2017 at 10:53
President Rodrigo Duterte’s plan to build P8.4 billion in new roads, railways and bridges will generate one million jobs every year, one of his economic managers.
25 April, 2017 at 09:30
The Infrastructure presentation last week was impressive. The use of social media to spread the word around was impressive as well.
24 April, 2017 at 13:33
International Container Terminal Services Inc. (ICTSI) and the Department of Transportation (DOTr) launched Friday the country’s first container roll-on roll-off barge terminal project in Tanza, Cavite.
24 April, 2017 at 10:04
Build, build, build” is the new mantra of the Duterte administration, as our top infrastructure officials joined Cabinet economic managers in the “Dutertenomics Forum” held earlier this week.
21 April, 2017 at 16:46
When Transportation Secretary Arthur Tugade talked of “revisiting” the vision for public-private partnership deals last July, few in the private sector could have anticipated the drastic impact it would have on the cornerstone initiative…
21 April, 2017 at 14:50
When I was first introduced to the personal computer decades ago, there were times when the operating system did not work properly.
20 April, 2017 at 15:00
The Philippine Competition Commission (PCC) took a defiant stand against industry giants PLDT Inc. and Globe Telecom, elevating to the Supreme Court a long-running legal row over their May 2016 joint acquisition of San Miguel Corp.’s telco assets.
20 April, 2017 at 13:00
I stayed in town during the Holy Week break and enjoyed a relatively less congested metropolis. The Holy Week population of Metro Manila may just be its maximum carrying capacity.
20 April, 2017 at 10:50
President Duterte and Japanese Prime Minister Shinzo Abe are set to sign in November an agreement that would jump-start the construction of the country’s first subway system, Transportation Secretary Arthur Tugade said on Tuesday.
19 April, 2017 at 15:13
Transportation Secretary Arthur P. Tugade said yesterday that the subway project, the first of its kind in the country, will be funded both through official development assistance (ODA) and from the government’s budget.
11 April, 2017 at 14:30
The government spent P605.5 billion on infrastructure in 2016, up from the 2015 spending but still below target due to procurement problems, the Department of Budget and Management (DBM) reported.
11 April, 2017 at 12:30
In four hours and a half, you can be in Beijing, or Tokyo, or Cairns in Australia on a flight from Manila.
10 April, 2017 at 10:22
The government improved its spending performance on infrastructure last year, greatly from road projects from the Public Works department, but has kept underspending levels “minimal” — in line with the new government’s goal.
7 April, 2017 at 10:12
Sometime in August 1981, American air traffic controllers walked out of their jobs after negotiations for pay and benefits fell through. They were warned not to strike because that is illegal for Federal employees under US law.
30 March, 2017 at 11:59
As the “mummies” started piling up last year in the administration’s vicious war on drugs, several foreign diplomats told me that investors and travel industry players had expressed concern about the situation in the Philippines.
22 March, 2017 at 11:54
Jimenez: Naia expansion better option By Ma. Stella F. Arnaldo | March 16, 2017 The government should just expand the Ninoy Aquino