News

Trump to unveil $1.5 trillion infrastructure plan

Agence France-Presse
Posted at Feb 12 07:21 AM

Donald Trump's administration will sketch out more details of its plan to invest in America's creaking infrastructure Monday, hoping it can leverage up to $1.5 trillion for the cause.  Read more »

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

ABS-CBN News
Posted at Feb 10 12:57 AM

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 »

Peso slides as trade deficit widens to record

Karen Lema, Reuters
Updated as of Feb 09 02:55 PM

The peso on Friday weakened to near its lowest level in over 11 years against the dollar, after the government reported that it had the largest deficit on record in 2017. Read more »

Konstruksiyon ng Cavite-Laguna Expressway, minamadali na

ABS-CBN News
Updated as of Sep 01 07:43 PM

Ayon sa DPWH, oras na magawa ang Cavite-Laguna Expressway ay makakatulong ito na maibsan ang bigat ng trapiko sa Metro Manila.  Read more »

City infrastructure cash held hostage by politics - expert

Thomson Reuters Foundation
Posted at Feb 08 09:43 PM

Short terms of office for politicians and the bureaucratic challenges of managing project pipelines are holding back much-needed infrastructure investment in cities, a global resilience expert said on Thursday. Read more »

Gov't eyes bond sale to fund farm-to-market roads: agri chief

ABS-CBN News
Posted at Feb 08 09:57 AM

The government will sell bonds to help fund the construction of 13,000 kilometers of farm-to-market roads, Agriculture Secretary Emmanuel Piñol said Thursday. Read more »

House leaders push for tax amnesty bill

ABS-CBN News
Posted at Feb 06 12:59 AM

House leaders file a bill on tax amnesty, in line with the government's effort to raise more funds, for its ambitious infrastructure program. Read more »

Tugade: 3 subway stations in QC operational by 2022

ABS-CBN News
Updated as of Feb 03 09:08 PM

MANILA - At least 3 stations of a subway to be built from Quezon City to Pasay City will operate "partially" in 4 years, Transportation Secretary Arthur Tugade said Saturday. Read more »

ALAMIN: Alternatibong daan sa pagsasara ng kalahati ng Sevilla Bridge

ABS-CBN News
Posted at Feb 02 10:34 PM

Tatlong lanes na lang ang madaraanan sa Sevilla Bridge kaya inaasahang magsisiksikan ang mga motorista sa mga alternatibong ruta na inilatag ng MMDA at Skyway management. Read more »

Skyway says gridlock problem 'significantly cut down'

ABS-CBN News
Updated as of Jan 31 05:03 PM

The operator of the Skyway toll road said Wednesday it revised traffic flow at its toll plaza following complaints from motorists who were caught in hours-long gridlocks. Read more »

Foreign investor interest in PH picking up amid infrastructure push

ABS-CBN News
Posted at Jan 31 12:06 AM

The Duterte administration continues to court foreign investors and, while numerous hindrances to inflows remain, the interest doesn't appear to be waning. Read more »

Duterte gov't can meet 'very aggressive' infrastructure targets: DPWH

Warren de Guzman, ABS-CBN News
Posted at Jan 30 02:34 PM

President Rodrigo Duterte's infrastructure program has "very aggressive" targets, but construction can be done within his term, an official said Tuesday. Read more »

Duterte government sells $2 billion in 10-year bonds

ABS-CBN News
Posted at Jan 19 09:53 AM

The Philippines on Friday sold $2 billion in 10-year bonds, reflecting the international market's "strong support" for President Rodrigo Duterte's government, the head of his economic team said. Read more »

Coming soon: Less traffic along EDSA, more bridges across Pasig River

ABS-CBN News
Posted at Jan 18 10:34 AM

Traffic along EDSA, one of Metro Manila's busiest thoroughfares, will improve when infrastructure projects are finished in the next few years, Public Works Secretary Mark Villar said Thursday. Read more »

Gov't breaks ground on Taguig transport hub seen to ease traffic

ABS-CBN News
Posted at Jan 17 05:43 PM

The government on Wednesday broke ground on a transportation hub in southern Metro Manila which it said could ease traffic by moving 4,000 provincial buses out of major roads. 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 »

Big money for PH projects, no access to all documents

Karol Ilagan, Philippine Center for Investigative Journalism
Updated as of Jan 12 08:59 AM

The PEA-Amari and Textbook Scams in the 1990s, the Fertilizer Fund Scam, and the botched NBN-ZTE and North Rail deals in the 2000s, the Pork Barrel Scam in 2013, and the Dengvaxia controversy last year are just a few examples of why procurement, a major government undertaking, is fraught with big risks, too. Read more »

PH seals 2 ADB loans for Mindanao infra, market reforms

ABS-CBN News
Posted at Jan 11 12:30 AM

MANILA - The Philippines and the Asian Development Bank (ADB) on Wednesday signed a $380-million loan agreement to improve Mindanao's infrastructure.    Read more »

Metro Manila flood control project may start in Jan, gov't says

ABS-CBN News
Posted at Jan 09 04:03 PM

A $500-million flood control project in the capital can be implemented in January, the Department of Finance said Tuesday. Read more »

San Miguel set to begin construction of C6 expressway

ABS-CBN News
Posted at Jan 08 07:20 PM

MANILA - San Miguel Corp. (SMC) on Monday said it is set to begin construction of a new expressway that will connect Taguig City to Quezon City. Read more »