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PEZA approves 26 projects worth P13B

The Philippine Economic Zone Authority (PEZA) has approved 26 projects worth P13.1 billion that are expected to employ 19,894 Filipinos. In a statement on Friday, the agency said its board approved the projects on May 21. Of these, 31.50 percent are Filipino; the rest — 68.50 percent — are American, Japanese, Taiwanese and Chinese. “Being […].....»»

Category: newsSource: manilatimes_net manilatimes_netMay 30th, 2020

TIEZA approves tourism infra deals

The Tourism Infrastructure and Enterprise Zone Authority board approved nearly P4 billion worth of tourism infrastructure projects to promote sustainable tourism, restore and rehabilitate cultural and historical sites and improve overall visitor experience.  .....»»

Category: financeSource:  thestandardRelated NewsDec 28th, 2019

Japan approves Cebu septage project

THE PHILIPPINES and Japan agreed on key projects in Cebu province worth over 2 billion yen. Foreign Affairs Secretary Teodoro […].....»»

Category: newsSource:  mindanaoexaminerRelated NewsJul 25th, 2019

DAR 7 approves P11.4M farm machineries, equipment

CEBU CITY, 04 June (PIA)--The Department of Agrarian Reform (DAR) in Region 7 formally signed a contract of procurement with service providers for the implementation of projects worth P11.43 millio.....»»

Category: newsSource:  philippinetimesRelated NewsJun 10th, 2019
Category: newsSource:  manila_shimbunRelated NewsNov 15th, 2016

Out-of-school youth to benefit from $100 million ADB project

Out- of- school children in the Philippines are among those who will benefit from $100 million worth of joint projects by the Asian Development Bank and Qatar-based Education Above All Foundation to put them in quality primary education......»»

Category: financeSource:  philstarRelated NewsJul 11th, 2020

COA: P80M funds for various Bantayan projects ‘unutilized’

CEBU CITY, Philippines — State auditors are now requesting local government officials of Bantayan town in northern Cebu to address around P80 million worth of unutilized funds intended for multiple projects. The Commission on Audit (COA), in their annual audit report for the fiscal year 2019 for Bantayan, found out that a total of P80,347,316.33 […] The post COA: P80M funds for various Bantayan projects ‘unutilized’ appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsJul 5th, 2020

Nearly P700 billion power projects certified for priority approval

The Department of Energy has certified nearly P700 billion worth of projects as energy projects of national significance to be granted a fast pass on the permitting process......»»

Category: financeSource:  philstarRelated NewsJun 19th, 2020

COA flags PIDS for P81 million unfinished research projects

The Commission on Audit has flagged the Philippine Institute for Development Studies for P81 million worth of unfinished research projects, majority of which should have been completed in 2018 and 2019......»»

Category: newsSource:  philstarRelated NewsJun 19th, 2020

PH, Japan sign P75.5-b loans for infra projects

The Philippines and Japan signed on Tuesday two loan agreements worth a combined P75.5 billion (about 154 billion yen) for two big-ticket projects in Visayas and Mindanao under the “Build, Build, Build” infrastructure program as the Duterte administration ramps up infrastructure investments to help the country recover quickly from the coronavirus-induced global economic crisis......»»

Category: financeSource:  thestandardRelated NewsJun 17th, 2020

PEZA: 12 new ecozones seen to bring in P6.4 billion investments

A total of 12 newly proclaimed economic zones are expected to yield over P6 billion worth of investments to the country, the Philippine Economic Zone Authority said......»»

Category: financeSource:  philstarRelated NewsJun 11th, 2020

DOLE-7, Cebu City Gov’t to Give Livelihood Kits to 400 Vendors

The Department of Labor and Employment (DOLE) in Central Visayas will distribute PHP20,000 worth of livelihood assistance kits to 400 vendors in this city who have been displaced due to the continuing enhanced community quarantine (ECQ). Mayor Edgardo Labella announced on Monday that the livelihood assistance kits will comprise starter implements for different projects like […].....»»

Category: newsSource:  metrocebuRelated NewsMay 26th, 2020

DOLE-7, Cebu City gov’t to Give Livelihood Kits to 400 Vendors

The Department of Labor and Employment (DOLE) in Central Visayas will distribute PHP20,000 worth of livelihood assistance kits to 400 vendors in this city who have been displaced due to the continuing enhanced community quarantine (ECQ). Mayor Edgardo Labella announced on Monday that the livelihood assistance kits will comprise starter implements for different projects like […].....»»

Category: newsSource:  metrocebuRelated NewsMay 26th, 2020

Local Roundup: Save OFWs

A committee in the House of Representatives has approved a bill for the implementation of P5 billion worth of projects aimed at alleviating the plight of overseas Filipino workers who were adversely affected by the novel coronavirus disease (COVID-19) pandemic......»»

Category: newsSource:  thestandardRelated NewsMay 24th, 2020

PH Lures 7 Foreign Firms with Businesses in China

Trade Undersecretary Ceferino Rodolfo said seven foreign companies with businesses in China have diversified their operations in the Philippines. These companies registered their projects with investment promotion agencies (IPAs) attached with the Department of Trade and Industry (DTI), the Board of Investments (BOI), and the Philippine Economic Zone Authority (PEZA) from 2018 to February 2020. […].....»»

Category: newsSource:  metrocebuRelated NewsMay 22nd, 2020

Filinvest Land to launch P13.4-b projects in 2020

Filinvest Land Inc., the property unit of the Gotianun Group, is launching P13.4-billion worth of residential projects this year despite the current uncertainties in the market due to the COVID-19 pandemic......»»

Category: financeSource:  thestandardRelated NewsMay 21st, 2020

Task Force approves safety guidelines for construction work

The government has approved the safety guidelines for implementing infrastructure projects in areas under enhanced or general community quarantine......»»

Category: newsSource:  philstarRelated NewsMay 11th, 2020

Robinsons Land launching P20-b worth of new residential projects this year

Robinsons Land Corp., the property unit of the Gokongwei Group, plans to launch P20 billion worth of new residential projects this year on expectations of strong demand for residential units both from domestic end-buyers and foreign investors......»»

Category: financeSource:  thestandardRelated NewsMay 3rd, 2020

PCSO approves medical assistance to poor Filipinos

The Philippine Charity Sweepstakes Office (PCSO) has announced the approval of P38.8 million worth of medical assistance to indigent Filipinos nationwide. According to PCSO General Manager Royina Marzan-Garma, included in the Medical Assistance Program (MAP) are confinement, chemotherapy, dialysis, hemophilia and post operation medicines. A total of 4,468 eligible indigent beneficiaries nationwide will receive the […].....»»

Category: newsSource:  manilatimes_netRelated NewsApr 27th, 2020

Ayala Land cancels P125 billion worth of projects this year

Property developer Ayala Land Inc. said Wednesday it will not launch P125 billion worth of new projects it earlier programmed for 2020 and will reduce capital expenditures to P70 billion from the original target of P110 billion to ensure its healthy and strong financial position amid the coronavirus disease 2019 pandemic......»»

Category: financeSource:  thestandardRelated NewsApr 22nd, 2020

Pag-IBIG Fund approves cash loans worth P716M to over 37,900 members during community quarantine

Pag-IBIG Fund has so far approved cash loan applications of 37,901 members affected by the community quarantine, top officials announced recently. “In support of the government’s efforts and following the directives of President Duterte to take care of the welfare of our fellow Filipinos, especially during this pandemic, we approved cash loans amounting to P716.26 […].....»»

Category: newsSource:  abanteRelated NewsApr 18th, 2020