Dr. Hiroto Izumi, Special Advisor to Japan Prime Minister Shinzo Abe, and Finance Secretary Carlos G. Dominguez seal with a handshake their commitment to further strengthen the strategic partnership between Japan and the Philippines after signing the Memorandum of Cooperation (MOC) signifying Japan’s commitment to extend technical assistance for the formulation of the Subic Bay Regional Development Masterplan.
Read MoreHAKONE—High-level Philippine and Japanese officials discussed on Friday (December 6) the continuing partnership between their countries in implementing infrastructure flagship projects under President Rodrigo Duterte’s “Build, Build, Build” program, including their future strategy for cooperation in view of the Philippines’ expected ascent to upper middle-income status next year.
Read MoreFinance Secretary Carlos Dominguez III said projects undertaken together by the public and the private sectors should avoid unwarranted delays and spare taxpayers the heavy burden of contingent liabilities supposed to be shouldered by the government, to ensure that these ventures turn out to be “Public-Private Partnerships for the People (PPPP).”
Read MoreThe town of Hakone in eastern Japan is the venue of the next high-level meeting between Philippine and Japanese officials to discuss the progress of the Duterte’s administration’s big-ticket infrastructure projects that are being implemented with funding support from Tokyo.
Read MoreThe Department of Finance (DOF) has lauded the House of Representatives (HOR) for its approval of House Bill (HB) No. 4664 or the Real Property Valuation bill, which, once signed into law, will generate additional revenues for local government units (LGUs), stimulate the real estate market and haul in more investments from the private sector.
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