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.
[ Read This Chapter ]
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 ]
Senate to tackle bill pushing for more...
6 December, 2017 at 10:53
The Senate committee on science and technology will hold next week its first hearing on a bill that aims to push for more players in the telecommunications sector, Senator Bam Aquino, chair of the committee, announced on Tuesday.
Business leaders want open field for telco
29 November, 2017 at 15:58
Business leaders have lauded President Duterte’s push to break the “duopoly” in the country’s telecommunications industry, but pointed out this should not be limited to Chinese companies.
[OPINION] Regulatory capture
28 November, 2017 at 17:30
Regulatory capture, according to Wikipedia, is “a form of government failure that occurs when a regulatory agency, created to act in the public interest, instead advances the commercial or political concerns…
Gov’t not interested in being 3rd telco...
28 November, 2017 at 13:30
The Department of Information and Communications Technology (DICT) vowed that the government would not establish a competing telecommunications player, saying it could support competition in the sector in other ways.
[EDITORIAL] Telco shakeup
28 November, 2017 at 11:15
Finally, the political will to address a major national economic problem — slow internet and poor telecommunications service. President Duterte has offered China a slot to become the third major telco player in the country…
Targets set for reduced foreign curbs
24 November, 2017 at 10:55
Malacañang has zeroed in on eight sectors and activities in its bid to further ease limits to foreign participation and ownership, according to Memorandum Order No. 16 signed by Executive Secretary Salvador C. Medialdea on Nov. 21 and released to journalists on Thursday.
Duterte offers China 3rd telco carrier slot
22 November, 2017 at 10:49
“The telecom duopoly is about to end,” Malacañang declared on Monday.
Port of Manila leaps to 32nd spot...
21 November, 2017 at 12:00
The Port of Manila leaps 4 notches higher finishing at 32nd spot in the list of the 2016 top 100 container ports worldwide.
Gov’t taps Facebook for internet infra plan
20 November, 2017 at 13:00
The government partnered with Facebook in order to put up a high speed internet infrastructure in a few years time, promising a capacity that would be “almost equal” to that of the giants of the telecommunications industry.
PH is worst place to be a...
16 November, 2017 at 17:30
The report should come as no surprise: drivers in the Philippines are the least satisfied in the world, according to a survey by the traffic-beating app Waze.
Japan, China to help build PH railways
10 November, 2017 at 10:45
Japan will take the lead in completing a railway connecting Manila to Clark, while the Chinese state firm Sinomach (China National Machinery Industry Corp.) …
DOTR to finish 5 projects in 2018
8 November, 2017 at 12:00
The government expects to complete a handful of infrastructure projects in 2018 with the Department of Transportation (DOTr) vowing to “continuously push for the development and faster completion of transport infrastructure projects”.
[OPINION] Can they deliver soon enough?
7 November, 2017 at 16:00
Let me say at the outset that the administration’s economic team is composed of highly competent people with their hearts in the right place. But they may have promised more than they can quickly deliver.
[OPINION] Tax reform for a higher level...
6 November, 2017 at 16:30
I take up a topic of great importance and immediacy and will postpone the articulation of the Filipino dreamas I had planned to make last week for a later time.
[OPINION] The status quo trap
6 November, 2017 at 10:00
The ruling of the Court of Appeals admonishing the Philippine Competition Commission (PCC) to back off from the PLDT-Globe purchase of San Miguel Corp.’s telco assets is symptomatic of what ails Philippine society…
SMC proposes to extend NAIA Expressway to...
3 November, 2017 at 14:00
Conglomerate San Miguel Corp. (SMC) wants to expand its NAIA Expressway (NAIAx) project to Bonifacio Global City in Taguig to provide better access of Manila’s airport complex to more areas in the capital district.
