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 ]

[VIDEO] Effects of Slowing Global Economic Growth...

26 April, 2016 at 12:30

CNN Philippines interview AmCham Philippines Senior Adviser Mr. John D. Forbes on the effects of slowing global economic growth on the Philippines.

Leadership change

26 April, 2016 at 10:41

What can we expect from the approaching change of leadership?

SC says price for NAIA 3 takeover...

21 April, 2016 at 15:30

The Supreme Court denied on Tuesday the government’s plea to reduce its payment to Philippine International Airport Terminals Co., Inc. (Piatco) for taking over the Ninoy Aquino International Airport International Passenger Terminal 3 (NAIA-IPT III) in Pasay City.

More port calls seen for cruise tourism

21 April, 2016 at 13:30

The Department of Tourism (DOT) expects cruise tourism to exceed the port calls in 2015 as the agency continues to expand avenues amid air connectivity issues in the country.

Mindanao shipping costs to drop with new...

20 April, 2016 at 16:00

The inclusion is contained in the amendment to Executive Order 170, Promoting Private Sector Participation and Investment in the Development and Operation of the Road Ro-Ro Terminal System, which was approved last March 29 under Executive Order (EO) 204, series 2016.

Candidates to Lead Philippines Seek to Tap...

20 April, 2016 at 10:28

Rodrigo Duterte had the crowd with him. The Philippine presidential candidate was telling a recent rally about a prison riot in 1989 in the southern city where he is mayor, and was mayor at the time.

Red alert for Luzon power

19 April, 2016 at 16:00

Outages hit parts of the Luzon grid on Friday afternoon as peak demand outpaced supply, triggering the Interruptible Load Program (ILP) wherein volunteer businesses use their own generator sets to ease the strain on the grid.

Peza: Approved investment pledges to increase 8%...

19 April, 2016 at 14:07

On the back of growing interest from foreign investors to relocate their facilities to the country, the Philippine Economic Zone Authority (Peza) expects the value of approved investment pledges to increase by as much as 8 percent this year.

‘Persistent’ hackers targeting PHL come from China:...

19 April, 2016 at 11:54

Philippine organizations are ‘twice as likely to face advanced cyber attacks than worldwide average’ according to a study by US-based virtual machine-based security company.

An Indonesian tycoon’s media empire in the...

15 April, 2016 at 13:33

My column on Monday talked about the so-called SWS Mobile “Survey” as being anomalous since it is not really a survey, but involves the same permanent panel of about 750 people whose views are extracted for each survey run.

Groups make final push for proposed PPP...

13 April, 2016 at 12:30

The massive pipeline of key infrastructure deals—possibly at around a trillion pesos in total cost— is a reflection of how much money the Philippines needs to invest to improve the quality of life in the country.

Philippine airports in best list

11 April, 2016 at 09:02

No this is not an April Fool’s Day joke. This isn’t a sarcastic spoof news item either. This is for real. In fact, it isn’t just one, but three Philippine airports landed in Asia’s best airports list. Of course, NAIA isn’t one of them, silly!

Anti-coal power sentiment misplaced, industry lobby says

5 April, 2016 at 13:58

In a statement, the federation said the Philippine response to greenhouse gas reductions should “rationally be based on co-benefit measures such as forestation,” which it said was different from what is called for from developed countries.

DOT rolls out comprehensive plan for cruise...

18 March, 2016 at 16:00

The Department of Tourism (DOT) has expanded its avenues to attract more tourists as it completed the National Cruise Tourism Development Strategy amid air connectivity issues in the country.

Grace’s economy

18 March, 2016 at 11:35

This, before the Supreme Court decision allowing Ms. Poe’s candidacy came out. According to the maiden survey of SWS and Bilang Pilipino, the data-driven elections project of TV5, at least 66% of Filipino voters agree with the March 8 high court ruling that she is qualified to run for president.

Risk sharing broke SMC-Telstra talks

15 March, 2016 at 15:41

Talks on a telecommunications joint venture between San Miguel Corp. and Australian mobile telephone service provider Telstra fell through after the latter insisted on receiving a full refund of its investment should the deal run into regulatory problems.