News Funding put in place for $2.8bn Philippines motorway The Philippines has secured nearly $2.8bn in loans for a 26km motorway along one of the country’s busiest corridors. The Asian Development Bank (ADB) will lend just under $1.7bn, the…
News Beer-maker San Miguel wins $3bn Manila airport upgrade A consortium led by Philippine conglomerate San Miguel Corporation has been picked from a shortlist of three for a $3bn public-private partnership project to operate, maintain, and upgrade Manila’s Ninoy…
News Philippines drops application for $5bn Chinese loan The Philippines has abandoned plans to seek Chinese loans for three railway projects, together valued at more than $5bn, Bloomberg reports.
News Japan, Philippines sign agreement on solar tech transfer Japanese solar power company Advantec yesterday signed an agreement in principle to supply photovoltaic panels to the Philippines, Nikkei Aisa reports. The immediate goal is to add panels to the…
News Philippines suspends reclamation projects after US criticism Almost all land reclamation projects under way in Manila Bay have been put on hold pending a government review, the Philippine Inquirer reports. The move came a week after the…
News Leighton Asia lands railway job in Manila, Philippines Australian contractor Leighton Asia has won a contract to build a 7.9km section of railway in Manila, the Philippines in a joint venture with First Balfour. Leighton said it will…
News Construction begins on Foster + Partners’ Manila HQ for clothing brand Bench Work has begun on the 24-level Manila headquarters for Philippine clothing and lifestyle brand Bench, designed by UK architect Foster + Partners. Unusually, the building will have two atriums. The…
News Rebar giant SteelAsia plans $2bn factory in the Philippines Philippines rebar giant SteelAsia and China’s BaoSteel will join forces to build a $2bn factory in the Philippines capable of producing 3 million tons of molten steel, the company said.…
News Work starts, again, on Manila’s first underground metro line Work began this week on Manila Metro’s first underground line when President Ferdinand Marcos Jr started up one of the six tunnel boring machines that will be used on the…