Government liability-management deal honored at IHAP awards

The Bureau of the Treasury’s liability-management deal, jointly managed by the state-owned Development Bank of the Philippines (DBP) and other banks, was awarded the deal of the year prize at the Investment House Association of the Philippines (IHAP) Awards 2016. The Philippines closed on Sept. 9, 2015, this domestic liability-management transaction. 

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Government spending hit 13% growth in 2015; public infra accounted for 20.6% growth

National government disbursements registered a remarkable 13 percent growth in 2015, the fastest year-on-year growth since 2012. 

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DPWH issues bridge vertical clearance guidelines

Elevated structures, such as railways, flyovers, bridges and footbridges, shall comply with the latest minimum vertical clearance requirement of the Department of Public Works and Highways (DPWH). 

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Sarmiento wants stricter rules in issuance of building permits

Mindful of March as Fire Prevention Month, Interior Secretary Mel Senen S. Sarmiento has urged local government units (LGUs) to implement stricter rules in the issuance of building and construction permits. 

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Jica turns over improved flood-control system to MMDA

The Japan International Cooperation Agency (Jica) will turn over to the Metropolitan Manila Development Authority (MMDA) the management of the newly improved and restored flood-control project that can help mitigate the effects of strong typhoons in Metro Manila and nearby areas. 

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Chiz eyes domestic airport in Bukidnon

Malaybalay City—Sen. Francis “Chiz” Escudero has said it is time to build a domestic airport in Bukidnon province to spur economic development in the so-called food basket of Mindanao. 

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Submission of bid documents for P122-B LLED project reset to Mar. 28

The Department of Public Works and Highways (DPWH) postponed the bid submission for the P122.8-billion Laguna Lakeshore Expressway Dike (LLED) project from Mar. 14 to Mar. 28. 

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Globe vows connectivity, but seeks government help

The country isn’t likely to achieve its goal of providing digital literacy for all in the absence of a favorable government policy that would equip public elementary and secondary schools with Internet access by 2016.

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Government, industries team up for disaster preparedness

SM Prime Holdings President Hans Sy and other top business leaders in the Philippines have banded to strengthen the country’s disaster risk-reduction and development efforts.

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BSP OKs financing scheme for agri, fisheries value chain

The Bangko Sentral ng Pilipinas (BSP) has approved the establishment of the agricultural value-chain financing framework to uplift the agriculture and fisheries sector. 

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