Listed upstream oil and gas company PXP Energy Corp. remains interested in exploration activities for new sources of energy in the country. “PXP will assess and study other projects in the Philippines,” it disclosed to the Philippine Stocks Exchange on Thursday. It said the company and its subsidiary, Forum Energy Ltd., would continue to coordinate ...
Sustained construction on the next phase of the Pasig River Urban Development Project would interconnect the showcase area at the back of the Manila Central Post Office with the walled city of Intramuros. The 500-meter showcase area of the Pasig River rehabilitation project, dubbed the “Pasig Bigyan Buhay Muli” (PBBM), was completed on Jan. 17 with the...
The Public-Private Partnership (PPP) Center currently has 117 projects worth PHP2.5 trillion in the pipeline for undertaking between the government and private sector. "This is as of February 2. Particularly, we have a bulk of the projects still in the transportation sector because we are doing a lot of catching up," PPP Center Executive Director Cynth...
Filipinos, especially in the National Capital Region, can look forward to using a modern underground train system in five years’ time, as construction of the Metro Manila Subway Project (MMSP) Phase 1 has hit 40 percent completion and is proceeding apace. The Department of Transportation (DOTr) shared the news during the site inspection of the MMSP in ...
Stronger bilateral relations between the Government of the Philippines and the Republic of Korea will be instrumental in turning the infrastructure vision for “Bagong Pilipinas” into reality. By supporting infrastructure development, from roads and bridges to flood control structures, the Republic of Korea thru the Korea Export-Import Bank (KEXIM) cont...
The Department of Public Works and Highways (DPWH) launched a pioneering technology transfer program in South Korea to revolutionize the construction of bridges connecting land and sea such as the proposed 32.47-kilometer Panay-Guimaras-Negros Island Bridges (PGN) Project, an Infrastructure Flagship Project (IFP) under the “Build Better More” Program with...
San Miguel Corporation’s (SMC) infrastructure arm officially opened the new access ramp of the NAIA Expressway (NAIAx) at Tramo in Pasay City which is expected to ease traffic in the area and provide seamless access to the country’s main international gateway and other areas. Speaking at its ceremonial opening on Friday, SMC president and chief executi...
Professional organizations dedicated to advancing the field of civil engineering in the Philippines and South Korea have engaged in international collaboration to promote knowledge sharing and technical perspectives in civil engineering. Department of Public Works and Highways (DPWH) Senior Undersecretary and Philippine Institute of Civil Engineers (PI...
In the dynamic realm of automotive engineering, the pursuit of optimal performance and reliability is an enduring challenge. Choosing between Original Equipment Manufacturer (OEM) parts and aftermarket alternatives is a critical decision, and the case for OEM parts, especially those equipped with Donaldson's Ultraweb Media Technology, becomes even more co...
The Chamber of Mines of the Philippines (COMP) said its 19 member-companies will fully implement the Towards Sustainable Mining (TSM) initiative, a global environmental, social, and corporate governance performance measurement standard. In a statement over the weekend, COMP said TSM is a set of tools and indicators to ensure that key mining risks are ...
As part of the Memorandum of Understanding between the Japan Organization for Metals and Energy Security, formerly Japan Oil, Gas and Metals National Corporation (JOGMEC), and the Mines and Geosciences Bureau (MGB), an On-the-Job Training Course on Environmental Protection and Rehabilitation was conducted at the abandoned mine site of Barlo Mine located i...
The much-awaited inter-island bridge project of the Department of Public Works and Highways (DPWH) in Northern Mindanao is on the verge of completion this year, with funding poised to play a pivotal role. Senior Undersecretary Emil K. Sadain, in-charge of DPWH infrastructure flagship projects, said that civil works for the 3.17-kilometer Panguil Bay Br...
The Department of Transportation (DOTr) and energy utility provider Meralco on Thursday signed an agreement to power the Metro Manila Subway --the country’s first underground railway. During the signing of the ‘Switching Station Agreement with Deeds of Usufruct,’ Transportation Secretary Jaime Bautista said the partnership will guarantee “uninterrupted...
Expenditures of the national government for infrastructure and other capital outlays grew to P1.02 trillion from January to November 2023. This is an 18.5 percent or P159.8 billion increase to what was recorded in the same period in 2022 at P861.8 billion. “Government spending is vital to national growth. Thus, to help buttress robust economic growt...
Weir’s Chief Strategy and Sustainability Officer Paula Cousins recently spoke at COP28 in the United Arab Emirates about the importance of harnessing innovative technologies to make mining more sustainable. In a panel discussion hosted by the Ministry of Economy, Trade and Industry of Japan and moderated by the World Business Council for Sustainable D...
The global nickel market has recently experienced a significant downturn, marked by a sharp decline in nickel prices, plummeting by over 50% within 12 months. This unsettling trend has reverberated across nickel mines worldwide, impacting the Philippine mining industry. As nickel prices continue their downward spiral, Philippine mines face mounting cha...
The first phase of the Mindanao Railway Project (MRP) is set to begin with pre-construction activities in Davao City, Tagum and Digos while the search for the project’s funding continues. During a town hall meeting on the railway sector in Davao City Tuesday, Department of Transportation (DOTr) Secretary Jaime Bautista said alternative funding sources ...
Senior representatives from several key government agencies in the Philippines including the Department of Public Works and Highways (DPWH) participated on a familiarization visit in the United Kingdom per invitation of British Embassy Manila to the Department of Finance (DOF), to explore ways of financing and delivering new sustainable infrastructure pro...
Celsius Resources Limited is pleased to announce an updated JORC compliant Mineral Resource estimate (“MRE”) for the Sagay Copper Project (“Sagay” or “Project”), held under its Philippine Subsidiary, Tambuli Mining Company, Inc (“TMCI”) and located at the Island of Negros in the Philippines. The update to the MRE at Sagay is largely based on the result...
The Didipio Gold-Copper Mine has set aside PhP 169 million for its Community Development Fund (CDF) this year, benefitting 52 barangays in the provinces of Nueva Vizcaya and Quirino. This is a 24% increase from their 2023 allocation of PhP 136 million. “We have expanded the CDF coverage to 52 barangays in 2024 from 44 last year. This is proof of our co...
Celsius Resources Limited is well-positioned to capitalise on the burgeoning copper market, financial services company WH Ireland has revealed in a research note. Subject to approvals and funding, WH Ireland believes the Company’s portfolio of advanced projects in the Philippines, near-term production potential, and favourable long-term outlook, presen...
The Department of Transportation (DOTr) has encouraged the private sector to invest in the government’s several transportation projects under the public-private partnership (PPP). During his speech before the Philippine Chamber of Commerce and Industry in Makati City Thursday, DOTr Secretary Jaime Bautista said such investments are “highly investible” ...
The Panguil Bay Bridge, Mindanao's longest bridge under construction, is now 88 percent complete. The Lanao del Norte province wants it opened sooner by fielding its own equipment. In a statement on Tuesday, Governor Imelda Dimaporo said the acquisition of added equipment, such as an amphibious excavator, can fast-track the dredging not only of the ...
Vietnam’s largest real estate firm Vingroup has expressed interest in investing in the production of electric vehicle (EV) batteries in the Philippines, Malacañang said Tuesday. The plan was discussed during President Ferdinand R. Marcos Jr.’s meeting with Vingroup executives on the first day of his state visit to Vietnam on Monday, Presidential Commun...
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