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 ]
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
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…
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.
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.
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.
8 March, 2017 at 14:30
JG Summit Holdings Inc and the Filinvest Group have offered to improve the Clark International Airport for P186.64 billion, according to Robert Lim, Department of Transportation undersecretary.
8 March, 2017 at 09:38
President Duterte approved the establishment of a National Government Portal and a National Broad Plan during the 13th Cabinet meeting in Malacañang yesterday.
6 March, 2017 at 11:30
There were two low hanging fruits at DOTr when Sec Art Tugade assumed office.
2 March, 2017 at 11:30
The government should release Clark International Airport (CRK)’s P2.89-billion development fund immediately now that flights and passengers have increased versus 3-5 ago, urged Clark International Airport Authority (CIAC) President and CEO Alexander Cauguiran.
28 February, 2017 at 16:22
Twelve priority manufacturing and service industries are set to benefit from an infrastructure convergence program of the Department of Trade and Industry (DTI) and the Department of Public Works and Highways (DPWH).
27 February, 2017 at 12:30
The Philippines ranked near the bottom worldwide in a measure of mobile internet speed and availability, based on a crowdsourced survey.
24 February, 2017 at 15:00
Construction of the Malolos-Tutuban North-South Commuter Railway Project is scheduled to start within the first half of 2019, the Department of Transportation said yesterday.
24 February, 2017 at 14:00
The Philippine Chamber of Commerce and Industry (PCCI) is urging the government to come up with an airport policy and masterplan for the aviation sector to address issues of connectivity and congestion, as well as promote regional development and sustainable growth.
24 February, 2017 at 13:00
Local and foreign airline companies have started to use Clark International Airport (CRK) to boost their strategic expansion.
24 February, 2017 at 09:47
The P2.9 billion meant to expand the Clark International Airport will be reverted to the general funds by year-end if it is not be spent.
21 February, 2017 at 16:00
A P52-billion elevated highway that will connect the cities of Manila to Taguig through Pasig River have been proposed to the Duterte Administration intended to ease, if not eliminate, traffic in EDSA and other major thoroughfares in metropolis.