6th Business Forum

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The Philippines can learn a lot from the way China has developed its infrastructure, a World Bank official said on Friday. “China’s approach … could be emulated in the Philippines during the implementation of the government’s ‘Build Build Build’ program,” World Bank country director Mara Warwick said during The Manila…

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A feasibility study is currently being conducted for the establishment of a food terminal inside New Clark City in Tarlac, the chief of the Bases Conversion and Development Authority (BCDA) said on Friday. The companies involved in the project – Metro Pacific Investments Corp. (MPIC) and France’s SEMMARIS – are…

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BIG-ticket infrastructure projects under the Bases Conversion and Development Authority (BCDA) aimed at spurring growth in the countryside will happen under the administration of President Rodrigo Duterte and budget will not be a problem. BCDA President and Chief Executive Officer Vivencio Dizon expressed confidence that the major infrastructure projects lined…

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WASHINGTON-based World Bank lauded the Philippine government’s “Build Build Build” program, saying it not only creates opportunity for the country to develop infrastructure assets but also creates a system for infrastructure delivery. “Infrastructure investment is a necessarily priority for promoting development. The ‘Build Build Build’ creates an opportunity for the…

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GOVERNMENT underspending was just P6 billion in the first half of 2017, Budget Secretary Benjamin Diokno said, a result of an expansionary fiscal policy aimed at accelerating Philippine ecoonomic growth. “For the first half of 2017, spending is almost on the top vis-a-vis the programmed spending. We only underspent by…