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August 10, 2021
The Department of Budget and Management says it is targeting to submit the proposed P5.024-trillion budget for 2022 to Congress on Aug. 23.
July 23, 2021
NLEX Corporation is planning to begin the construction of a two-kilometer expressway that links Mindanao Avenue to Quirino Highway in early September. As part of the current administration’s Build Build Build Program, the P2-billion project will be integrated into the future NLEX expansion to C-5/C.P. Garcia near Katipunan Avenue, and is projected to alleviate traffic congestion along Mindanao Avenue for motorists passing through NLEX, according to J. Luigi L. Bautista, NLEX Corp. President...
July 8, 2021
By HANA BORDEY, GMA News Published July 8, 2021 1:30pm Senator Francis Pangilinan has warned that the government’s fiscal space will further tighten as public funds intended for social services will now be diverted to pay the country’s P11 trillion outstanding debt. “The fiscal space will definitely tighten as resources that would otherwise go to services, amelioration programs, and the much needed stimulus package will then be diverted for servicing our debts,” Pangilinan told GM...
July 7, 2021
Infrastructure spending more than doubled in May Updated Jul 7, 2021 2:26:00 PM enablePagination: false endIndex: Metro Manila (CNN Philippines, July 7) — Government spending on infrastructure surged in May, data from the Department of Budget and Management revealed. Data published Tuesday showed infrastructure expenditure amounted to ₱78.9 billion during the month, a whopping 102.5 percent spike from the ₱38.9 billion spent in May 2020. "This is largely credited to the ongoing implemen...
April 29, 2021
SunStar Drone shot by Mark Perandos + April 29, 2021 THE economy of Davao Region contracted by 7.6 percent in 2020 due to the Covid-19 pandemic but still remains to be the fifth biggest economy in the country, according to the Philippine Statistics Authority (PSA). National Economic and Development Authority (Neda)-Davao Director Maria Lourdes Lim said this is "better" than the negative 9.6 percent growth rate of the country. "Despite the pandemic, Davao Region remained as the bigg...
April 26, 2021
Published April 26, 2021, 6:10 PM The Duterte administration will deliver a total of 163 infrastructure projects worth P88.76 billion this year, either in partial or full commercial operation, according to Transportation (DOTr) Secretary Arthur P. Tugade. At the Sulong Pilipinas: Pre-SONA for Economic Development and Infrastructure Clusters Forum, Tugade emphasized the Duterte administration’s accomplishments. Tugade noted that prior to this administration, the Ninoy Aquino International Airp...
April 15, 2021
Govt lifts moratorium on new mining agreements enablePagination: false (FILE PHOTO) Metro Manila (CNN Philippines, April 15) — The government can now enter into new mineral mining agreements as long as the deals comply with local laws, according to a directive signed by President Rodrigo Duterte on Wednesday. "The Government may enter into new mineral agreements, subject to compliance with the Philippine Mining Act of 1995 and other applicable laws, rules, and regulations," the newy-signed E...
April 15, 2021
DOCUMENT: Duterte lifts moratorium on new mining agreements President Rodrigo Duterte signs Executive Order No. 130 to allow the government to enter into new mineral agreements and grant and issue exploration permits. April 15, 2021 | 03:00:00 PM President Rodrigo Duterte signed Executive Order (E.O.) No. 130 on April 14, 2021 to allow the government to enter into new mineral agreements and grant and issue exploration permits. "In addition ...
April 15, 2021
President Rodrigo Roa Duterte (KING RODRIGUEZ/ PRESIDENTIAL PHOTO) In Executive Order No. 130, the President directed authorities to strictly implement mining safety and environmental policies, review existing mineral deals for possible renegotiation, and rationalize the existing revenue-sharing scheme. The order on the grant of new mineral projects subject to compliance with the relevant laws was signed by the President on April 14 and released by the Palace Thursday, April 15. It will take ef...
March 3, 2021
Published Feb. 25, 2021 in Outlook Christina Farinacci-Roberts spent 20 years in education, first teaching English and eventually becoming one of the youngest…