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Charter change needed to boost competition

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IMF director for Asia-Pacific Changyong Rhee: Increase budget deficit to enhance infrastructure investment.  AFP FILE PHOTO

The International Monetary Fund (IMF) is urging the Philippine government to fast-track infrastructure spending and open up the sector to wider competition, including foreigners, in order to sustain economic growth in the long term.

Posted: September 25th, 2014 in Editor's Pick,Headlines | Read More »

Infrastructure spending surged 63% in June

AFP FILE PHOTO

Infrastructure spending rose by nearly two thirds in June as the government tried to catch up on disbursements after falling behind for two months.

Posted: August 21st, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

Infra spending jumped 45% in January

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INQUIRER FILE PHOTO

Public spending on infrastructure rose by nearly half in January as the government financed reconstruction efforts in areas affected by Super Typhoon Yolanda, documents released on Thursday showed.

Posted: April 4th, 2014 in Editor's Pick,Featured Gallery,Headlines | Read More »

Gov’t infra spending up 34% in first 9 months

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Public infrastructure spending increased in the first three quarters of the year as the government pushed ahead with its agenda of keeping the Philippines among the fastest-growing economies in Asia.

Posted: November 28th, 2013 in Headlines | Read More »

Gov’t to hike infrastructure spending in 2014

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The government is poised to increase its infrastructure-spending program next year by P60 billion—and is considering raising the budget deficit ceiling as a consequence—to meet the expenditure needs in the aftermath of the latest natural calamity.

Posted: November 18th, 2013 in Headlines | Read More »

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