Business

DBM still bats for centralized gov’t procurement

Speaking at the Partners in Service 2023 appreciation for PS-DBM partner-merchants and suppliers, Pangandaman explained that with transformational initiatives and reforms at hand, she is confident that the “PS-DBM will only get marketplace surabaya better.” “Centralized procurement is still more advantageous to the government and its people. Hence, I will continue to support PS-DBM while […]

Business

PPP Center approves P200-M FS for railway projects

The PDMF is a revolving fund managed by the PPP Center to enhance the investment environment for PPPs and develop a pipeline of viable infrastructure projects. Specifically, the Committee approved P100 million to support pre-investment studies and transaction advisory services requirements for each railway project. The feasibility study will determine the alignment of the railways, […]

Business

Railway operators raring to hike fares

During the public hearing on Friday, February 17, petitioners for train fare adjustments—Light Rail Manila Corporation (LRMC) for Light Rail Transit Line 1 (LRT-1), Light Rail Transit Authority (LRTA) for LRT-2 and DOTr-Metro Rail Transit-3 (MRT-3)—claimed that revenues from increased fares can enable them to improve, rehabilitate and maintain their facilities and rolling stocks. However, […]