INFRASTRUCTURE
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.
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Airports
With its archipelagic character, the Philippines depends on air and sea transport much more than countries with large continuous landmasses. Since a high percentage of domestic and international commerce and travel is by air and sea, the efficiency of aviation and maritime transportation.... [ Read This Chapter ]Power
Electric power and water are essential needs for modern man, to survive, and to thrive. In the globe’s fastest-growing region – Asia – they are especially critical to economic growth and competitiveness. [ Read This Chapter ]
Where have all the projects gone?
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…
[OPINION] Reboot
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.
Antitrust body brings telco case to SC
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.
[OPINION] Are they building yet?
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.
Dutertenomics: ‘Golden age of infrastructure’
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.
ODA deal with Japan to fund subway...
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.
Government spends P605 B for infra in...
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.
Action man
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.
Infra underspending rate narrows to 7.5% in...
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.
Blackmail
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.
Spooking tourists
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.
Jimenez: Naia expansion better option
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
Business wants common train station project fast-tracked
22 March, 2017 at 11:28
Thirteen influential foreign and local business groups in the country have urged the government to fast-track completion of the common train station that would link three major rail commuter lines in the metropolis…
PCC backs bills lifting foreign equity cap...
15 March, 2017 at 13:48
The Philippine Competition Commission (PCC) said yesterday it was supporting initiatives in Congress to amend certain provisions in the 80-year-old Public Service Act (PSA) such as the lifting of the foreign equity cap on certain industries including telecommunications and transportation.
P75B nat’l broadband up in ’18
14 March, 2017 at 12:00
The government will need the rest of the year to firm up the national broadband network (NBN) project after President Rodrigo Duterte signed the order for its implementation.
5 China firms eye $10-B PH projects
9 March, 2017 at 10:30
Five Chinese firms are interested to set up shop in the country, promising projects with a total estimated value of at least $10.3 billion (about P518 billion), the Board of Investments (BOI) said Friday.
