A tool to build the domestic economy
DURING The Manila Times' 2025 Economic Forum on Thursday, a common theme that emerged in the discussions among our esteemed panelists was the need to further strengthen the Philippines' domestic economy in order to maintain growth in the face of rapidly increasing global uncertainty. This, of course, is a message that we have shared often, and it is encouraging that the experts share this view.World Bank lead economist Gonzalo Varela summarized it well.
7 billion in the Department of Environment and Natural Resources; P2.1 billion in the Department of Agriculture; and about P1.9 billion in projects with the Department of Trade and Industry. The remainder is spread out across other government agencies and local government units, including the Department of the Interior and Local Government, the Department of Finance and the Department of Information and Communications Technology.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Build Your Own Classic: Juncheng Sells Toyota Land Cruiser 40 ShellsJuncheng Vehicle Industry Co. offers resto-modders the chance to build their own classic Toyota Land Cruiser 40s by selling reproduction body shells. Prices start at around $19,500 and the shells include panels for the hood, fenders, and doors. Buyers will still need to fabricate a chassis or frame for the vehicle.
Read more »
Quezon City Joins Global Resilient Cities Network to Build Climate-Resilient Urban SpacesQuezon City, the Philippines' most populous city, has joined the Resilient Cities Network (R-Cities) to enhance its climate resilience and build sustainable urban spaces.
Read more »
PAF gets 10 Black Hawk choppers in fleet build-upWITH the delivery of 10 S-70i Black Hawk helicopters in 2024, the Philippines is on its way to having the world's largest fleet of these rugged, multi-mission aircraft.
Read more »
PhilTower Consortium to Build 1,000 Telecom Towers in the PhilippinesPhilTower Consortium Inc., an independent tower operator, plans to build 1,000 telecommunications towers across the Philippines this year to meet strong demand from users. The company aims to invest nearly $150 million in capital expenditure by 2025 for this expansion. PhilTower president and CEO Devid Gubiani highlighted the increase in activity from major operators like Globe, Smart, and DITO, driving the need for additional infrastructure. The new towers will be strategically located in the Visayas, Mindanao, and remote areas of Luzon and the South.
Read more »
SteelAsia to Build P30-Billion Steel Facility in PhilippinesSteelAsia Manufacturing Corp. awards contract to China’s MCC Huatian Engineering & Technology Co. Ltd. for the construction of a P30-billion steel facility in Candelaria, Quezon. The plant, projected to be operational by 2027, aims to reduce steel imports by $1.2 billion annually and create 7,000 jobs. Utilizing advanced European technology and an electric arc furnace, the facility will produce over a million tons of structural steel annually, reducing carbon footprint by 90%.
Read more »
Cadiz City to Build P270-Million HospitalThe city of Cadiz in Negros Occidental is set to welcome a new 50-bed hospital, the Cadiz City Medical Center, after a groundbreaking ceremony was held on Monday, January 20. The P270-million project, funded by the city government, aims to address the increasing healthcare needs of the growing population. The hospital will be equipped with essential facilities such as an operating room, emergency room, laboratory, pharmacy, medical ward, and isolation rooms.
Read more »