Search Results: 2023

Photo: Bacolod City Mayor Alfredo Abelardo Benitez (right) with officials of China-based Jiangsu Fengchuen New Energy Power Technology Co. Ltd., who arrived in the city earlier this month. On Monday (Feb. 20, 2023), Benitez said they are studying the firm's formal proposal to establish an electric-vehicle manufacturing plant in the city. (Video grab from ...

Photo credit: The Department of Public Works and Highways The Department of Public Works and Highways (DPWH) once again met with Japan International Cooperation Agency (JICA) on the implementation of the JICA-grant – Technical Cooperation Project (TCP) on Road Disaster Preventions and Other Countermeasures on Mountainous Roads in the Philippines. He...

Photo credit: Department of Public Works and Highways The Japan International Cooperation Agency (JICA), the agency in charge of administering Government of Japan's Official Development Assistance (ODA), is committed to support the Philippines wide ranging infrastructure program focused on socio-economic development. President Ferdinand R. Marcos Jr...

Photo credit: The Department of Public Works and Highways The Department of Public Works and Highways (DPWH) convened a public forum as it continue to engage project stakeholders in the efforts of intensifying infrastructure development in Mindanao towards better economic productivity and boost the sectors of tourism, agriculture and trade to achieve h...

Photo credit: Department of Public Works and Highways A top official from the Department of Public Works and Highways (DPWH) discussed Philippines’ experiences and learnings and build back better approach from the impact of natural disasters and calamities at an international forum intended to promote collaboration and cooperation among global and regi...

Photo credit: The Department of Public Works and Highways The Department of Public Works and Highways (DPWH) on Monday said three major projects under the Luzon Spine Expressway Network (LSEN) Program are set to be completed this year. During the Philippine Development Plan (PDP) 2023 - 2028 Forum held at the Philippine International Convention Cent...

Photo: The design of the new passenger terminal building of the Daniel Z. Romualdez Airport in Tacloban City. The airport will be an international airport by 2025 with ongoing and future projects lined up to improve the facility, an official of the Civil Aviation Authority of the Philippines (CAAP) here said. (Photo from FB page of Martin Romualdez) Th...

President Ferdinand R. Marcos Jr. (center) presses the button to launch the Metro Manila Subway Project's tunnel boring machine in Barangay Ugong, Valenzuela City on Monday (Jan. 9, 2023). It marks the start of the construction of the tunnels for the PHP488-billion Metro Manila subway, which will span 33 kilometers across seven cities from Valenzuela City...

The aerial view of the San Juanico Bridge that connects the islands of Leyte and Samar. The proposed second San Juanico Bridge has gained support from the Japan International Cooperation Agency (JICA) as one of the priority projects in the region, an official of the National Economic Development Authority said on Tuesday (Jan. 3, 2023). (Photo courtesy of...

Photo credit: Department of Public Works and Highways The expressway project in Central Luzon at the connection of Subic-Clark-Tarlac Expressway (SCTEX)/Tarlac-Pangasinan-La Union Expressway (TPLEX) in Tarlac City, Tarlac is targetted by the Department of Public Works and Highways (DPWH) to be operational up to San Juan, Aliaga, Nueva Ecija toward the...

Photo credit: Department of Public Works and Highways The Department of Public Works and Highways (DPWH) maintains a keen focus in partially opening by 2024 the first 10.7-kilometer central portion of the 45.5-kilometer Davao City Bypass Construction Project by accelerating on-going excavation activities in the construction of twin tube road mountain t...

Photo credit: The Department of Public Works and Highways The Department of Public Works and Highways (DPWH) is targeting to commence by first quarter of 2023 the detailed engineering design (DED) activities of a long-time dream project for the people of Western Visayas. In his report to DPWH Secretary Manuel M. Bonoan, Senior Undersecretary Emil K....

Nickel Asia Corporation recently announced its unaudited financial and operating results for the nine-month period ended September 30, 2022, with an attributable net income (net of minority interest) of P6.90 billion, up 12 percent from the P6.17 billion reported during the same period last year. Earnings before interest, tax, depreciation, and amortizati...

Photo: President Ferdinand R. Marcos Jr. presides over a meeting with Department of Energy officials at Malacañan Palace in Manila on Wednesday (Nov. 19, 2022). They discussed "immediate and medium-term" plans to improve the energy sector. (Photo courtesy of OP) President Ferdinand R. Marcos Jr. has given his nod to the Department of Energy's plan to e...

“Although there is a seen decrease in the bilateral trade between Germany and the Philippines when comparing the first half of 2022 and 2021 data, it remains to be a major contributor to the latter's trade relations with the EU.” (from GPCCI Market Watch) A quick look at the future: The Philippines is expected to join the free trade agreement -- ...

Photo credit: Celsius Resources Celsius Resources is pleased to announce they have received further shallow and high-grade copper assay results from the ongoing drilling program at their flagship MCB copper-gold project, owned by its Philippine subsidiary Makilala Mining Company, Inc. (“MMCI”). The results continue to extend the envelope of the near...

President Ferdinand R. Marcos inspects the rehabilitated Ormoc Airport after gracing the city’s 75th Charter Day anniversary in Leyte on Thursday (Oct. 20, 2022). Marcos expressed optimism that the development of the airport will bring more progress not only to the city but also the Eastern Visayas. (Photo from the Office of the President's official Faceb...

Photo: Nido Petroleum Company Logo Some USD72 million worth of investments are expected in the two drilling activities of Nido Petroleum Philippines Pty. Ltd. in northwest Palawan, an official of the Department of Energy (DOE) said Wednesday. In a virtual press conference, DOE Undersecretary Alessandro Sales said Nido aims to spend USD16 million eac...