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45,000 sasakyan, inaasahang makikinabang sa 'C5 South Link'

ABS-CBN News
Updated as of Aug 15 12:13 PM

Bibilis umano ang biyaheng C-5 papuntang Cavitex at pabalik sa oras na matapos ang flyover na gagawin ng isang private firm sa ilalim ng "Build, Build, Build" project ng gobyerno. Read more »

PH, Japan to sign first tranche of Metro Manila subway loan

ABS-CBN News
Posted at Jan 17 03:47 PM

The Philippines expects to sign before the end of the month the first tranche of a loan agreement with Japan for Metro Manila's first ever subway system, the Department of Finance said Wednesday. Read more »

Business group calls for next-level gov't and private-sector collaboration

ABS-CBN News
Updated as of Dec 27 03:26 AM

The APEC Business Advisory Council (ABAC) Philippines is seeking broader stakeholder engagement, bolder reform measures, and better public-private sector coordination – to reinforce the government’s “build, build, build” program. Read more »

BOI reports highest investment approvals in 50 years

ABS-CBN News
Posted at Dec 18 10:16 PM

MANILA - The Board of Investments (BOI) has reported an all-time high P616.7 billion in investment approvals this year, the highest in the agency's 50-year history.  Read more »

12 to 15 major infra projects to roll out in 2018, says NEDA

Michelle Ong, ABS-CBN News
Posted at Dec 14 03:24 PM

The National Economic and Development Authority (NEDA) board is targeting the approval of 26 projects worth P1-trillion before 2017 ends, a sign of the administration's commitment to rev up its infrastructure program.  Read more »

ANALYSIS: Economic growth slower despite rising gov’t spending

Jose Galang — Your Business
Posted at Nov 16 10:12 PM

Clearly, the Duterte economic managers will have to do better if their goal of achieving inclusive growth is to be attained.  Read more »

Duterte: Japan to help PH realize its infra dream

Dharel Placido, ABS-CBN News
Posted at Nov 01 01:06 AM

President Rodrigo Duterte on Tuesday came home from his second visit to Japan, touting Tokyo’s reaffirmation of its commitment to help Manila realize its dream of achieving the “golden age of infrastructure” that will match its fast-growing economy. Read more »

Abe, Duterte agree on infra-centric development plan

Kyodo News
Posted at Oct 30 08:04 PM

TOKYO - Rodrigo Duterte began talks Monday in Tokyo in which they are likely to make specific plans for Japan's cooperation with the Philippines' development in the coming years. Read more »

Pay hike itinulak para matugunan ang kailangang construction workers

ABS-CBN News
Updated as of Oct 16 11:43 PM

Mahigit 2 milyong karagdagang manggagawa ang kinakailangan sa industriya ng konstruksiyon upang matugunan ang dami ng impraestrakturang ipanapanukala sa ilalim ng administrasyon ni Pangulong Rodrigo Duterte. Read more »

How big businesses are betting big on Dutertenomics

ABS-CBN News
Updated as of Oct 12 12:34 PM

Billionaire Andrew Tan has offered to build a monorail from one of the most cramped portions of EDSA to the Fort Bonifacio financial center, the latest tycoon to bet on President Rodrigo Duterte's P8 trillion infrastructure campaign. Read more »

Alamin: Mga proyekto sa ilalim ng "Build, Build, Build" program

ABS-CBN News
Updated as of Oct 05 06:54 PM

Maraming proyekto ang layong mabuo sa ilalim ng "Build Build Build" program. Alam mo na ba kung ano-ano sila? Read more »

Economic managers going to China to promote 'Build, Build, Build'

ABS-CBN News
Posted at Sep 15 02:20 PM

Some of the Philippines' economic managers are going to China at the end of the month to drum up support for the Duterte administration's "Build, Build, Build", the Department of Finance said Friday.  Read more »

'Build build build' to accelerate in 2nd half, gov't says

ABS-CBN News
Posted at Aug 17 11:17 AM

There will be a "marked acceleration" in government spending in the second half, as President Rodrigo Duterte rolls out his P8-trillion infrastructure program, one of his economic managers said Thursday. Read more »

Duterte's 'Build, Build, Build' plans hit Philippine peso

Karen Lema, Reuters
Posted at Aug 06 01:04 PM

Philippine construction firm Teravera Corp is planning to raise a fourth dollar loan in a year, after borrowing around P125.7 million ($2.5 million) to buy dozens of excavators, road rollers and dump trucks from China, South Korea and Japan. Read more »

ANALYSIS: As gov’t spends big, the people tighten belts

Jose Galang - Your Business
Posted at Jul 26 07:29 PM

Usually, when economic reforms are initiated, everyone is urged to bite the bullet, with the government leading the way through its own expenditure cuts. Under the tax reform scheme currently being promoted by the economic managers of the Duterte administration, citizens in the middle class and the poor sectors will be asked to make sacrifices and pay more taxes, but the government will be spending big and go on a foreign-borrowing binge for its grandiose “build, build, build” projects. Read more »

'Dutertenomics' won't bloat gov't debt, budget chief says

ABS-CBN News
Updated as of Jul 14 01:23 PM

President Rodrigo Duterte's P9-trillion infrastructure program will not saddle the Philippines with debt, as economic growth is expected to outpace borrowings, a Cabinet official said Friday.   Read more »

Megawide joins Quezon City to Manila railway project

ABS-CBN News
Updated as of Jul 13 10:43 AM

Megawide Construction Corp said Thursday it partnered with East-West Rail Transit Corp for a proposal to build a railway from Quezon City to Manila. Read more »

OPINION: ‘Build, build, build’ borrowings can weaken economy

Jose Galang - Your Business
Posted at Jul 12 08:06 PM

In moving to load up on large amounts of foreign debt to finance an overwhelming number of big-ticket infrastructure projects, the economic managers of the Duterte administration seem to be making the same mistakes committed by the Marcos dictatorship in the 1970s that eventually drove the economy into bankruptcy in the early 1980s. Read more »

Senate panel hears tax reform bill

ABS-CBN News
Updated as of Jul 12 12:41 PM

The Senate Ways and Means Committee on Wednesday started hearing the proposed tax reform package designed to fund the government’s P9-trillion infrastructure buildup.  Read more »

OPINION: Chinese laborers for China-funded projects in our country?

Jose M. Galang - Your Business
Updated as of Jul 04 03:59 PM

Instead of kowtowing to Chinese contractors’ demand that they bring in their own construction workers, the Duterte government’s economic managers must first look at what is available at home and then negotiate with the Chinese. Read more »