NLEX Earmarks PhP19B Capex to Help Improve Metro Manila Traffic

The NLEX Corp. is setting aside around PhP19 billion in 2018 to help solve Metro Manila’s daily traffic bottlenecks. This is in response to the government’s call for the private sector to complement the government’s massive infrastructure push under the “Build Build Build” program of the Department of Transportation (DOTr), the Department of Public Works […]
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President Aquino Approves PhP3T National Budget for 2016

Manila—(PHStocks)—President Benigno “Noynoy” Aquino III has approved the proposed P3.002 trillion 2016 national budget after presiding over a Cabinet meeting today. This represents a 15.2 percent increase from the 2015 national budget and comprises 19.5 percent of the country’s GDP, Communications Operations Office Secretary Sonny Coloma said in a statement. Related Articles:Deadline for Submission of Lakeshore […]
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Deadline for Submission of Lakeshore Papers Moved

The Department of Public Works and Highways (DPWH) may give groups another two to three months to prepare prequalification requirements for the administration’s next big-ticket public private partnership deal, the PhP122.8-billion Laguna Lakeshore Expressway Dike project. Public Works secretary Rogelio Singson told reporters Friday that the DPWH would allow the extension of the Oct. 16 […]
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