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DBM cites Nov. capital outlay surge

DBM cites Nov. capital outlay surge

INFRASTRUCTURE spending and other capital outlays surged in November last year with the completion of flood control and road projects across the country, the Department of Budget and Management (DBM) said. DBM data show that national government disbursements in infrastructure and other capital outlays grew 44.8% — the fastest pace so far in 2017 —... continue reading

Philippine economy to grow fastest in ASEAN-5 in 2018 – First Metro

Philippine economy to grow fastest in ASEAN-5 in 2018 – First Metro

The Philippine economic growth is seen to be driven by the revival in manufacturing, consumption spending, stable remittances from overseas Filipinos, and tourism boom MANILA, Philippines – First Metro Investment Corporation, the investment banking arm of Metrobank Group, expects the Philippines to become the fastest growing economy in the Association of Southeast Asian Nations (ASEAN)-5... continue reading

Economy seen to grow at least 7%

Economy seen to grow at least 7%

MANILA, Philippines — An economic growth of at least seven percent is possible for the Philippines this year as the new tax reform law takes effect and government’s aggressive infra spending program rolls out, top economists said yesterday. Finance Undersecretary Gil Beltran said a gross domestic product (GDP) growth of at least seven percent is... continue reading

2018 growth seen topping 7%

2018 growth seen topping 7%

First Metro Investment Corp., the investment banking arm of the Metrobank Group, said Thursday the economy is expected to grow between 7 percent and 7.5 percent this year, on the back of robust demand, the implementation of the first package of the Comprehensive Tax Reform Program and the construction of massive infrastructure projects. “We expect... continue reading

Invitation to Bid – Supply and Delivery of One (1) Unit Brand-new Passenger Van

Invitation to Bid – Supply and Delivery of One (1) Unit Brand-new Passenger Van

Invitation to Bid – Supply and Delivery of One (1) Unit Brand-new Passenger Van

Baggao Level III Water Supply Project

Baggao Level III Water Supply Project

NEDA Board to meet early this year

NEDA Board to meet early this year

To consider major projects. All National Economic and Development Authority (NEDA) Investment Coordination Committee-Cabinet Committee-approved (ICC-CabCom) projects are up for President Rodrigo R. Duterte’s go ahead in early this year. Socioeconomic Undersecretary Rolando G. Tungpalan said the NEDA Board chaired by President Duterte will soon meet to discuss major projects by the Philippine government, including... continue reading