Philippine Growth Slows Sharply in Q3 as ‘Shocking’ Corruption Scandal Dents Confidence
By Mikhail Flores and Karen Lema | Reuters | Nov 6, 2025 MANILA (Reuters) -The Philippines’ economic growth slowed sharply in the third quarter, missing market expectations, as a “shocking” corruption scandal linked to government infrastructure projects hammered consumer and investor confidence. Gross domestic product grew 4.0% in the third quarter from a year earlier, […]
IBON: PH growth slows to 14-year low as public construction contracts by 26%
By Edison Joseph Gonzales | Bilyonaryo News Channel | November 9, 2025, 3:20PM The Philippine economy expanded at its slowest pace in 14 years in the third quarter, as a sharp drop in public construction revealed the fragility of the country’s recent growth, according to the research group IBON Foundation. Gross domestic product rose 4 […]
DPWH files bid rigging complaints vs 2 contractors before Philippine Competition Commission
By William B. Depasupil | The Manila Times | November 6, 2025 MANILA, Philippines — The Department of Public Works and Highways (DPWH) has filed bid rigging complaints against two contractors before the Philippine Competition Commission (PCC) in connection with the three ghost and substandard flood control projects in Davao Occidental and La Union. Public […]
HD Hyundai Builds Global Production Bases from India to Peru
Collaborations in U.S., Peru, India to boost overseas production to 60 ships annually By By Jung Han-kook | The Chosun Daily | Nov 12, 2025 HD Hyundai is participating in the design and construction of next-generation landing ships for the Indian Navy. In July, HD Hyundai signed a memorandum of understanding (MOU) with Kochin Shipyard, […]
DOTr orders construction of new pier at Albay port in Uwan’s aftermath
By Mary Joy Salcedo | INQUIRER.net | November 11, 2025 MANILA, Philippines — Acting Transportation Secretary Giovanni Lopez has ordered the rapid construction of a new pier at Pio Duran Port in Albay after the current one was damaged due to the onslaught of Severe Tropical Storm Uwan (international name: Fung-wong). During his inspection of […]
Philippine politicians in jail by Christmas for corruption scandal, pres. says
Philippine President Ferdinand Marcos Jr. says many of at least 37 powerful senators, members of Congress and wealthy businesspeople implicated in a massive corruption scandal involving flood control projects will be locked up in jail by Christmas By Jim Gomez | Associated Press | November 13, 2025, 3:34 PM MANILA, Philippines — Philippine President Ferdinand […]
Flood control scandal: Individuals facing charges and government’s bid to recover funds
By ABS-CBN News | Nov 14, 2025 MANILA — It has been more than three months since President Ferdinand Marcos Jr. made a bombshell announcement saying only 15 contractors bagged about P100 billion or 20 percent of nearly 10,000 flood control projects since 2022. Whistleblowers have since exposed a supposed scheme involving corrupt politicians and […]
Private construction slumps in September as economy cools
By Manila Bulletin Newsroom | Nov 21, 2025 Private construction activity in the Philippines weakened in September as the country’s economic growth slowed to a 4.5-year low of four percent in the third quarter, according to the latest preliminary data from the Philippine Statistics Authority (PSA). PSA data released on Tuesday, Nov. 18, showed a […]
Prime Energy CEO Highlights Malampaya’s Role in Powering Filipino Communities
By Marcelle P. Villegas | Philippine Resources Journal | September 3, 2025 Prime Energy Resources Development (Prime Energy) reaffirmed its commitment to energy security through the Malampaya gas-to-power project, the country’s first and only indigenous natural gas asset. Prime Energy President & CEO, Donnabel Kuizon Cruz, said the project, operated under Service Contract 38 in […]
Bonoan: DPWH can’t bar licensed contractors from project biddings
By Dexter Cabalza | Philippine Daily Inquirer | August 13, 2025 MANILA, Philippines — Unless Congress passes a law prohibiting private contractors affiliated with lawmakers and other government officials, the Department of Public Works and Highways (DPWH) cannot stop these firms from participating in the bidding of public infrastructure projects. DPWH Secretary Manuel Bonoan admitted […]