NAIA, LRT infra projects get approval of NEDA committee

Two more big-ticket transportation projects under the public-private partnership (PPP) program are inching closer to gaining final clearance. This developed after the National Economic…

PH factory output deflates but business sentiment still high

Weak global demand and the prolonged dry spell from the El Niño phenomenon pulled down Philippine manufacturing production in May 2015, according to the…

PH May exports contract to 4-year low

Philippine merchandise exports registered its sharpest drop since December 2011 as it declined 17.4% in May 2015, according to the National Economic and Development…

NEDA proposes steps to defuse berthing tensions in Iloilo port

National Economic and Development Authority (NEDA) Region VI has recommended several measures the Philippine Ports Authority (PPA) can take to resolve berthing issues at…

Metro Pacific subsidiary nabs CALAX project

MPCALA Holdings Inc., a unit of infrastructure conglomerate Metro Pacific Investments Corp, has won the billion-peso Cavite Laguna Expressway (CALAX) project that will link…

P436-B Sangley airport study completed this month

The Department of Transportation and Communications (DOTC) hopes to get the nod of the National Economic and Development Authority (NEDA) on the planned more…

LRT 2 extension leads various infra projects given NEDA nod

The project to extend the Light Rail Transit 2 to Port Area in Manila has been approved by the National Economic and Development Authority…

PH exports accelerate amid robust demand for manufactures

Philippine merchandise exports grew 19.7% in November last year to US$5.178 billion from $4.325 billion in the same period in 2013, bolstered by the…

DOTC preps list of infrastructure initiatives as Aquino admin winds down

The Philippine government is drawing up a list of “game-changing” infrastructure projects over the next 18 months aimed at reducing the country’s transportation woes,…

ADB lowers 2014 outlook for PH, retains 2015 forecast

The Asian Development Bank (ADB) has downgraded its 2014 economic outlook for the Philippines to 6% from 6.2% due to the country’s slow growth…

Seven PPP projects worth P184B win PH gov’t approval

THE National Economic and Development Authority (NEDA) board, chaired by Philippine President Benigno Aquino III, has approved seven infrastructure projects that would cost a…

Bumpy road ahead for Philippine economy

The Philippine economy will continue to go through a rough patch this year although the road will not be as bumpy as in 2011,…