Deepening ties with China at a time of geopolitical tensions would be disadvantageous for the country, according to nongovernment organization Infrawatch Philippines. Instead, Infrawatch PH Convenor Terry Ridon said the government should re-evaluate existing China-funded projects and consider the cancellation of Chinese financing for several big-ticket infrastructure projects. “In the…
Yamsuan asks House colleagues to back Bicol Express revival inquirer.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from inquirer.net Daily Mail and Mail on Sunday newspapers.
THE chief of the National Economic and Development Authority (Neda) said the Philippines cannot afford to wait for Chinese Official Development Assistance (ODA) to finance three railway projects. The ODA from China has been eyed to bankroll the Philippine National Railways (PNR) South Long-Haul Project, the Mindanao Railway Project and…
The Department of Transportation (DOTr) announced on Monday that the government would no longer pursue Chinese funding for three railway projects amid China’s aggression in the West Philippine Sea. China grossly failed to hold its end of the deal when it promised to fund these railway projects based on executive…