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Government

MMDA, WB CHECK FLOOD MANAGEMENT PROJECTS – ARTES

Project proponents from the Metropolitan Manila Development Authority (MMDA) together with representatives from the World Bank conducted field inspections and met to discuss updates on the status of activities initiated by the MMDA under the Metro Manila Flood Management Project (MMFMP). The inspection activity began with a visit to the Vitas Pumping Station in Tondo, […]

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Politics

PEACE PARTY TO GOV’T: FIX ‘EDUCATION CRISIS’

The government should reassure Filipino families that it has the education crisis under control by revealing the “interventions” it plans to put in place. This was the call of an education advocacy group after the World Bank reported this week that over 80 percent of Filipino students fall below the minimum proficiency levels. Earlier, PEACE […]

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Government

DA TO GET P14-B WORLD BANK LOAN FOR PDRP PROJECTS

The Department of Agriculture (DA) expects the World Bank (WB) to approve an additional $280-million (P14 billion) second additional financing (AF2) to bankroll more agriculture enterprise and rural infrastructure subprojects under the Philippine Rural Development Project (PRDP). The $280-M loan includes a EUR18.3 million (P1 billion) co-financing grant from the European Union (EU). “The WB […]

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Government

DUTERTE APPROVES DTI’S PROPOSED ‘DOING BUSINESS’ REFORMS – PANELO

President Rodrigo Duterte has approved the Department of Trade and Industry’s (DTI) proposed regulatory reforms to further improve the country’s business climate, Malacañang said. Duterte gave his nod during the 44th meeting with his Cabinet at Malacañan Palace, Presidential Spokesperson Salvador Panelo said. Panelo said the President approved the suggestions raised by Trade Secretary Ramon […]

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Politics

WB EASE OF DOING BUSINESS RANKING PUTS PH ON TOP OF INVESTORS’ AGENDA – ZUBIRI

“Leaping over 29 other countries from 124th to 95th in the World Bank (WB) ranking because of our Ease of Doing Business (EODB) law is truly noteworthy. Congress has hurdled major stumbling blocks and we are hoisting that as a challenge to the whole of government,” said Senate Majority Leader Migz Zubiri, the major author […]

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Politics

IMPROVED WB RANKING SHOWS RISING BUSINESS CONFIDENCE IN PH – ROMUALDEZ, SALCEDA

Two House leaders said the country’s improved rankings in the World Bank’s (WB) “Doing Business” report is a testament to the rising business confidence in the reforms instituted by the administration of President Rodrigo Duterte. In the just-released WB report, the Philippines improved by 29 notches, ranking 95th from the previous 124th out of 190 […]

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Government

PHILIPPINES EYES MORE REFORMS IN DOING BUSINESS – LOPEZ

The Philippines is now one of the top 100 most competitive countries in the world for doing business as it has implemented more regulatory reforms to improve its business climate. The World Bank recently released its Doing Business 2020 report indicating the Philippines’ sharp improvement of 29 notches in the global rankings of the ease […]