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December 28, 2015

Indian-led consortium qualifies to bid for LTFRB’s IT project

December 28, 2015

Indian-led consortium qualifies to bid for LTFRB’s IT project

MANILA, Philippines – The consortium of IL&FS Technologies Ltd. (ITL) of India and SAHI Technologies Unlimited Inc. has qualified for the P298 million information technology (IT) public-private partnership (PPP) project of the Land Transportation Franchising and Regulatory Board (LTFRB). “After a full and detailed evaluation of the qualification documents submitted to the Pre-qualification, Bids and... continue reading
December 25, 2015

PH one of Asia’s fastest-growing economies

December 25, 2015

PH one of Asia’s fastest-growing economies

The Philippines has cemented its position as one of Asia’s fastest-growing major economies despite uncertainties in 2015, and now appears en route to becoming an upper middle-income country over the next six years. The country’s gross domestic product (GDP) averaged 5.6 percent in the first three quarters on strong demand and more jobs and investments.... continue reading
December 23, 2015

BSP sees higher FDI inflow next year

December 23, 2015

BSP sees higher FDI inflow next year

MANILA, Philippines – The Bangko Sentral ng Pilipinas (BSP) sees more foreign direct investments (FDIs) flowing into the country next year amid the country’s strong macroeconomic fundamentals and the implementation of much needed infrastructure projects under the public private partnership (PPP) scheme. BSP Department of Economic Statistics director Zeno Ronald Abenoja said FDI inflows are... continue reading
December 23, 2015

Foreign direct investments seen to hit $6.3B in 2016

December 23, 2015

Foreign direct investments seen to hit $6.3B in 2016

BSP also sees FDI inflows rising to $6B this year on the back of sustained economic growth of the country MANILA, Philippines – More foreign direct investments (FDIs) are expected to flow into the country next year, the Bangko Sentral ng Pilipinas (BSP) said Tuesday, December 22, 2015. FDI inflows would hit $6.3 billion next... continue reading
December 22, 2015

Gov’t seeks bidders for P65-B railway PPP

December 22, 2015

Gov’t seeks bidders for P65-B railway PPP

THE DEPARTMENT of Transportation and Communications (DOTC) is formally seeking bidders for its next big-ticket railway public private partnership (PPP) deal, the proposed P65.1-billion Light Rail Transit Line 6. A bid invite posted on its website showed that the 19-kilometer LRT-6 will run from Niyog in Bacoor to Dasmariñas City in Cavite. The project is... continue reading
December 22, 2015

Bidding for LRT-6 starts

December 22, 2015

Bidding for LRT-6 starts

MANILA, Philippines – The Department of Transportation and Communications (DOTC) is inviting interested firms to bid for the P65.09 billion Light Rail Transit (LRT) Line 6 project. In an invitation to pre-qualify and bid posted on its website yesterday, the DOTC said it is looking for local and international companies to participate in the bidding... continue reading
December 22, 2015

Philippine corporate bond issuance may hit $2 bln in 2016

December 22, 2015

Philippine corporate bond issuance may hit $2 bln in 2016

Dec 22 Philippine companies are expected to raise at least 100 billion pesos ($2.1 billion) by issuing bonds next year to finance expansion plans and infrastructure investments, the country’s bond market operator said on Tuesday. Corporate bond listings in the PDS Group’s fixed income trading platform slid to 107.4 billion pesos this year from a... continue reading
December 22, 2015

Five more gov’t agencies take in recruitment platform Kalibrr

December 22, 2015

Five more gov’t agencies take in recruitment platform Kalibrr

Five more government agencies on Monday signed a partnership deal with online recruitment platform Kalibrr, to widen the recruitment and marketing reach of the sector. Signing a memorandum of agreement with Kalibrr on December 21 were the Department of Education, Department of Finance-Bureau of Local Government Finance, Department of Transportation and Communications, Department of Social... continue reading
December 22, 2015

Cavite railway lures conglomerates

December 22, 2015

Cavite railway lures conglomerates

THE GOVERNMENT yesterday formally offered to investors the P65.09-billion Light Rail Transit (LRT) Line 6 public-private partnership (PPP) project that will connect the cities of Bacoor and Dasmariñas in Cavite province, promptly catching the attention of least three conglomerates. “The DoTC’s (Department of Transportation and Communications) Pre-qualification, Bids and Awards Committee is inviting local and... continue reading
December 21, 2015

Rollout of 8 more PPP projects eyed before end of P-Noy’s term

December 21, 2015

Rollout of 8 more PPP projects eyed before end of P-Noy’s term

MANILA, Philippines – The government hopes to roll out about eight public private partnership (PPP) projects before the end of the Aquino administration. PPP Center executive director Cosette Canilao said in a briefing three PPP deals which have secured the approval of the National Economic and Development Authority (NEDA) Board such as the Light Rail... continue reading

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