FOUR PUBLIC-PRIVATE partnership (PPP) projects will soon be discussed by the National Economic and Development Authority (NEDA) Board, which is planning to meet within the month to pave the way for their auction.
Aug 102015
Aug 102015
The Filipino taxpayer carries a heavy burden in terms of tax obligations and compliance. We are encouraged to support the tax collection efforts of the Bureau of Internal Revenue (BIR) through its Register File and Pay campaign. However, given the prevailing poverty of the vast majority of the population, inadequate access to public health care, questionable deals and disbursements within and by the government, and delays in much-needed infrastructure projects, it would appear that taxpayers — Filipino and foreign alike — are not too keen on supporting the BIR.
Aug 092015
POTENTIAL bidders for the five regional airport maintenance contracts under the public-private partnership (PPP) scheme have another week to prepare their qualification documents, after the Transportation department moved the submission date to Aug. 17 from today.
Aug 092015
PHILEX PETROLEUM Corp. remains interested in more oil and gas prospects in the Philippines even amid the hold on exploratory work at one of its assets in contested waters on the West Philippine Sea.
Aug 092015
Being an archipelago, the Philippines needs an efficient maritime transportation industry to attain inclusive growth and economic progress, since shipping links the islands and connects archipelagic economies to international commerce and trade.
Aug 092015
I have been asked many times by business people from Bonifacio Global City, from Makati to Binondo, by tycoons, foreign investors and media about the economic prospects of the Philippines after the May 2016 presidential election. Who, they ask, would be good for the economy? Are the various pundits correct in claiming that popular Senator Grace Poe “lacks political experience,” that populist Vice President Jejomar “Jojo” Binay is allegedly “corrupt” and that ex-Wall Street guy and DILG Secretary Mar Roxas is allegedly “inept and indecisive,” thus their election as president would derail or even imperil Philippine economic progress? I vehemently disagree! Here are my objective and quite bullish analyses of our positive future, based on the not bad — although imperfect — economic stewardships of Ateneo economics graduate President Noynoy C. Aquino and also that of his ex-professor economics doctorate alumna ex-President Gloria Macapagal Arroyo, and based on the Philippines’ positive demographic and other factors. 1. Senator Grace Poe. Based on my research, interviews with many people who know her and her family, as well as my personal encounters with her through the years, I think Senator Grace Poe is today more intellectually, emotionally and politically prepared to serve as president of the Philippines than President Noy Aquino was in May 2010. The bright, honest and diligent Grace Poe is today more prepared to be president than similar first-term Senator Barack Obama was when he first took presidential office in the US; more so than Erap Estrada was when he Read More …
Aug 062015
THE administration’s “Daang Matuwid” philosophy, with its focus on minimizing corruption in government, needs to be pushed in a more compassionate and equitable direction to ensure its sustainability beyond President Benigno S. C. Aquino III’s term, an Ateneo de Manila economist said.
Aug 062015
THE PHILIPPINES on Wednesday received a record pledge from Japan worth ¥240 billion for a rail project between Manila and a neighboring province, as well as assurances on future security cooperation, including the supply of defense equipment.
Aug 062015
CAGAYAN DE ORO CITY — The Department of Public Works and Highways (DPWH) in Region 10 is planning to build a P244-million dike on the Iponan river in Northern Mindanao to complement a P5-billion dike being built for the Cagayan River.
Aug 052015
THE FISCAL DEFICIT could further narrow this year as revenue growth continues to outpace spending and debt payments decline as a share of the state’s expenses, Standard Chartered said.