Given the recent Senate elections indicating our people’s support for President Aquino’s governance, his goal of inclusive growth can now be better attained. PNoy identified three areas that best contribute to this goal: agriculture, infrastructure and tourism.
The government is spending P29 billion—P12 billion this year and P17 billion in 2014—on a tourism infrastructure program that will connect tourist spots to major roadways.
The Department of Transportation and Communications (DOTC) sees no more legal stumbling block to the implementation of the Skyway connector toll road project spearheaded by the San Miguel-Citra alliance.
Gotianun-led Filinvest Development Corp. is planning to transform the Mactan-Cebu International Airport into a “world-class” air gateway via partnership with Singapore’s Changi Airport Group, according to a statement issued by the company.
It’s not just “more fun in the Philippines,” it’s actually sizzling hot! The world’s second-largest archipelagic nation registered strong economic growth of 6.6 percent last year. Its over 90 million population is a young, vibrant and growing middle class with rising disposable incomes. Filipinos with extra cash in their pockets are now taking to the skies, setting an upward trend for air travel growth.
An umbrella organization of local businessmen is urging the government to redouble its efforts to take advantage of the Philippines’ recent credit-rating upgrade to improve the country’s weak infrastructure.
The Department of Transportation and Communications (DOTC) is making progress with yet another public-private partnership (PPP) project with the opening of qualification documents for the P17.5-billion Mactan-Cebu International Airport set next Monday.
Conglomerate San Miguel Corp. (SMC) has bested rival Metro Pacific Investments Corp. over a new 7.15-kilometer expressway project that will connect Metro Manila’s main airport terminals to the Entertainment City casino complex with an “aggressive” bid.
The Philippines has taken off and recovered from the “fall” of the aviation industry, President Aquino claimed Wednesday, citing the International Civil Aviation Organization’s recent lifting of the “significant safety concerns” tag on the country.
Several Cabinet secretaries hope to work out the concerns of the Department of Finance (DOF) over San Miguel Corp.’s North Luzon Expressway (NLEx)-Skyway connector highway before any problem gets out of hand.
The North-South Luzon connector tollroad project spearheaded by the San Miguel-Citra alliance has hit another stumbling block even after the recent settlement of intragovernment debates on who has authority over tollroad concession contracts.
In 10 days—or right after the annual stockholders’ meeting of Ayala-led Bank of the Philippine Islands—the country’s most valuable bank will have a new president, investment banker Cezar Consing, who certainly has very big shoes to fill.
