PH, ADB sign $1.3B loan for Malolos–Clark Railway Project

Finance Secretary Carlos Dominguez III and Asian Development Bank (ADB) Vice-President Ahmed M. Saeed signed on July 11 a $1.3-billion loan, the first tranche…

$202M Japanese loan allotted for road works in war-torn South

The Philippines and Japan have signed a US$202.04 million loan to finance construction and improvement of roads in Mindanao’s conflict-affected areas, including the war…

ADB approves $2.75B for Malolos-Clark Railway Project

The Asian Development Bank (ADB) has approved financing of up to $2.75 billion for the construction of 53.1 kilometers (km) of a passenger railway…

Joint NEDA, Cabinet committees okay Subic-Clark railway project

The National Economic and Development Authority Investment Coordination Committee-Cabinet Committee (NEDA ICC-CabCom) has approved the Subic-Clark Railway Project, which will provide rail freight connection…

JV picked for study on Batangas port use

A FEASIBILITY study costing P16.27 million that will review various studies and chart a strategic utilization of the Port of Batangas to decongest the…