PH economy expected to continue growing

Irene R. Sino Cruz 09/19/2019

CEBU CITY—The outlook for the Philippine economy remains optimistic, said Joselito Bautista, acting Deputy director of the Department of Economic Research of the Bangko Sentral ng Pilipinas (BSP). “The Philippines economy is expected to remain one of…

Labella to DOTr: Fast track completion of BRT infrastructure

Delta Derycka C. Letigio 08/28/2019

CEBU CITY, Philippines — Cebu City Mayor Edgardo Labella has called on the Department of Transportation (DOTr) to hasten the completion of the Bus Rapid Transit (BRT) system to prevent additional payment of “commitment fees” for every…

DOTr: World Bank to help in development of integrated transport system for Metro Cebu

Morexette Marie B. Erram 01/31/2019

CEBU CITY, Philippines – The Department of Transportation (DOTr) announced that the World Bank (WB) will now be helping the Philippine government for the implementation of the Metro Cebu Integrated Intermodal Transport System (MCIITS). “World Bank will…

PH to remain fastest-growing economy in Asean — World Bank

Inquirer.net 01/10/2018

The World Bank expects the Philippines to sustain robust economic growth in the next three years even as public investments are seen as slowing down. “The Philippines will continue to be the fastest-growing economy in the Association…

DTI pushes for baseline assessment tool for logistics sector

Victor Anthony V. Silva 04/20/2017

The Department of Trade and Industry (DTI) is pushing for the creation of the country’s own diagnostic tool that will be used to measure logistics efficiency. While there are metrics used internationally, such as the World Bank’s…

Zero open defecation campaign targets 4Ps grantees in NegOr

PR 10/25/2016

THE Provincial Technical Working Group (PTWG) of Zero Open Defecation, together with the World Bank–Water and Sanitation Program (WB-WSP), has strengthened its rural sanitation agenda to Pantawid Pamilya Pilipino Program (4Ps) grantees in 36 barangays in Vallehermoso…

BSP official cites factors that make country’s economy strong

Victor Anthony V. Silva 08/29/2016

(Conclusion) WITH the Philippines recognized by the international financial organizations like the World Bank (WB) and the International Monetary Fund (IMF) as Asia’s rising tiger, a Bangko Sentral ng Pilipinas (BSP) official cites the factors that made…

The Philippine economy in the next six years

Fernando Fajardo 08/04/2016

This is not about forecasting on what most likely to be the annual growth rate of the Philippine economy in the next six years or until the next presidential election. To do so would be to belie…

World Bank exec chooses gf over career

02/14/2016

This World Bank executive spent the last 35 years of his life catalyzing programs to reduce poverty, develop infrastructure and promote inclusive growth across Asia and Africa. But Japanese national Motoo Konishi – who always wanted to…

Capitol planners okay P500M for annual investment plan

Victor Anthony V. Silva 10/19/2015

The Cebu Provincial Development Council (PDC) has approved a budget of P520 million for the 2016 Annual Investment Plan (AIP). The biggest allocation, P146.7 million, was made for various road projects, including those listed under the World…

Corro asks Davide aid to secure WB loan

Melissa Q. Cabahug 02/09/2015

Daanbantayan Mayor Augusto Corro went to Cebu Gov. Hilario Davide III last Friday to hand over his two-page letter asking for the governor’s help in securing World Bank-funding for rehabilitation projects in his town. “Mangayo lang ko’g…

Mayor Corro seeks World Bank aid

Victor Anthony V. Silva 02/04/2015

Rather than get bogged down by the municipal council, Daanbantayan Mayor Augusto Corro said he would ask help from Cebu Gov. Hilario Davide III to avail of World Bank aid to fund post-Yolanda rehabilitation projects in his…

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