Public-Private Partnership Center

29 June 2012, Philippine Daily Inquirer by Michelle V. Remo   The Korean government, through state-owned Korean Eximbank, is keenly interested in financing public infrastructure projects being pushed by the Philippine government under its Public-Private Partnership (PPP) program. Tae-ik Park, Korean Eximbank’s chief representative to the Philippines, said that should the Philippine government decide to... continue reading

26 June 2012, Business Mirror by Max de Leon   President Aquino has approved the grant of incentives to preferred activities under the 2012 Investment Priorities Plan (IPP), which opens the gates for the entry of foreign investors in the iron and steel industry that will be critical for the country’s backward integration and industrialization... continue reading

26 June 2012, Business World Online by Emilia Narni J. David   BLOOMBERRY RESORTS Corp. has agreed to provide funding for a road project earlier described as a link between its casino complex and the Ninoy Aquino International Airport (NAIA), the firm disclosed to the bourse yesterday. The firm’s board of directors has agreed to allow... continue reading

25 June 2012, Business World Online by Marlen D. Limpag   CEBU CITY — Two major airport projects proposed for the Central Visayas region that will be implemented through the public-private partnership (PPP) scheme are still awaiting government approval, a regional official said. Efren B. Carreon, assistant regional director of the National Economic and Development Authority... continue reading

Business Mirror, 24 June 2012 THE groups of Manuel V. Pangilinan and Ramon S. Ang are among the more than 10 firms that have formally signified interest to bid for the P60-billion operation and extension of LRT 1 (Light Rail Transit 1) to Cavite province, south of Manila. A well-placed source told the BusinessMirror over the weekend that... continue reading

Business Mirror, 25 June 2012 CANADA is exploring investment ventures in the Philippines through public-private partnership (PPP) projects particularly in infrastructure and mining, according to Foreign Secretary Albert del Rosario. Del Rosario said over the weekend that Ed Fast, Canadian minister for international trade, is leading a Canadian business delegation to the country this August to... continue reading

June 21, 2012, Business World Online by Cliff  Harvey Venzon   THE EXTENSION of the Light Rail Transit Line 2 (LRT-2) will push through, a Cabinet official clarified on Thursday, explaining that the reported review for the P9.72 billion project is part of preparations for its auction. “How can it be suspended when it’s in... continue reading

June 22, 2012, The Philippine Star by Ding Cervantes   CLARK FREEPORT, Pampanga – With the 6.4 percent economic growth in the first quarter of this year, the government plans to infuse an additional P9.02 billion for “priority poverty reduction projects.” National Economic and Development Authority (NEDA) director-general Arsenio Balisacan said this was “to combat... continue reading

June 22, 2012, Malaya Business Insight   Philippine American Life and General Insurance Company (Philam Life) will invest in the special fund that the government is thinking to put up to finance its public-private partnership (PPP) program. Rex Ma. A. Mendoza, Philam Life president, said the company is already partners with other companies at the... continue reading

June 19, 2012, Business World Online   SUN LIFE Financial Philippines (Sun Life) said its first year premiums rose by more than a third in the first quarter. “Our first year premiums increased by around 36% in the first quarter from last year,” said Sun Life Financial Philippines President and Chief Executive Officer Rizalina G.... continue reading