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[Title] => 11 things you need to know about Valerie Weigmann
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By Alixandra Caole Vila | October 13, 2014 - 5:23pm
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The Marcos administration intends to fast-track the implementation of projects in the second half of the year and raise infrastructure spending, officials said, following the economic team’s decision to cut this year’s growth target because of the effects of the Middle East war and the flood control scandal.
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Industry groups are urging the Department of Trade and Industry to immediately implement new steel standards and ban the use of induction furnace (IF) to promote infrastructure and building safety, as the country is prone to earthquakes.
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S&P Global Ratings has sharply lowered its growth outlook for the Philippines this year as weak consumer demand, a prolonged pullback in infrastructure spending and elevated energy prices weigh on economic activity.
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Coins.ph is expanding its financial services footprint into Europe and the United Kingdom through a partnership with London-based payments infrastructure provider Clear Junction, marking another step in the Philippine digital wallet’s push to grow its international business.
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The Sandiganbayan Sixth Division has upheld its decision blocking former public works officials in Region 4 from seeking an early dismissal of malversation and falsification charges tied to an infrastructure project.
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