The Philippine Chamber of Commerce and Industry (PCCI) is pushing for a “green lane” system for public works contractors, aiming to speed up infrastructure delivery and rebuild confidence in government spending.
The government’s Green Lane initiative has certified 233 high-impact projects worth P6.14 trillion as of January 31, 2026, underscoring an aggressive push to fast-track large, job-generating investments, according to Board of Investments data.
Spotlight Power Inc. has broken ground on its P1.95-billion, 49.9-megawatt Mabini solar project in Barangay San Pedro, Mabini, Pangasinan, citing the government’s Green Lane initiative for significantly accelerating development.
The government’s Green Lane program has cleared a massive P6.11 trillion worth of investments to date, with renewable energy (RE) projects dominating the fast-tracked pipeline, according to the One-Stop Action Center for Strategic Investments (OSACSI).
The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) expects tourism investments to accelerate in the fourth quarter, with P2.56 billion worth of proposed projects already in the pipeline following P4.63 billion in registrations in the first eight months of 2026.
Filinvest Land Inc. is moving to dissolve three wholly owned subsidiaries as it streamlines its corporate structure, while keeping the development of its Mimosa Lifestyle Mall in Clark on track.
Toyota Motor Philippines Corp. (TMP) is pressing the transport regulator to allow conventional hybrid vehicles to compete for 7,500 new transport network vehicle service (TNVS) slots in Metro Manila, challenging the government’s decision to limit the latest allocation to plug-in and fully electric vehicles.
The US Federal Reserve raised interest rates Wednesday for the first time since 2023, lifting its benchmark rate by 25 basis points to 3.75 percent to 4 percent as policymakers moved to counter persistent inflation.