The government is preparing the terms of reference for the plan to bid out to the private sector the operations of the Ninoy Aquino International Airport, the main gateway to the Philippines.
The Philippines has chronically underspent for public infrastructures like roads and railways for decades and the hope is for state spending to ramp up under incumbent President Ferdinand R. Marcos Jr., experts told the Manila-based Asian Development (ADB).
It will be a year of controversy. Under-the-table deals and other hanky-panky will be revealed. Partners (personal, business, political, etc.) will be biting each other in the back. Secrets will be exposed. Syphoning off of funds will be uncovered. State witnesses will abound, not just in the Philippines, but worldwide.
From January 23 to 27 the economic managers will again engage business leaders, bankers and investors from Frankfurt, Germany ,and London, United Kingdom, which are known as centers of trade and finance.
The policy making Monetary Board (MB) of the Bangko Sentral ng Pilipinas (BSP) on Friday allowed the maximum interest on credit card transactions to rise a full percentage point to 3 percent a month from only 2 percent.
Japanese Ambassador to the Philippines Endo Kazuya on Friday delivered a compelling lecture at Ateneo de Manila University as part of its “EmbLEM: Embassy Lectures, Encounters, and Masterclasses” series, reinforcing the strong and evolving bilateral ties between Japan and the Philippines.
Maya, the country's top digital bank and fintech ecosystem, has unveiled Paleng-Kita, a new credit program aimed at providing micro and small business owners—particularly market vendors and public transport drivers—with access to fair, collateral-free loans.
Aboitiz Construction announced Friday the completion of the Lagonglong Port in Misamis Oriental for AMADI MGT Terminals Inc., marking a major milestone in infrastructure development aimed at boosting Mindanao’s economic activity.
The Department of Transportation (DOTr) announced on Friday that electronic gates (e-gates) will soon be installed at the Ninoy Aquino International Airport (NAIA) to expedite immigration processing and improve the overall travel experience for passengers.