The Philippines’ construction industry is entering a period of strong growth, supported by government spending led by President Rodrigo Duterte’s signature Build, Build, Build (BBB) infrastructure programme. Primarily a transport initiative, BBB is also leading to ancillary construction and development around airports and seaports, especially...
The year 2018 marked the first anniversary of ASEAN’s inaugural bond issue under the organisation’s common Green Bond Standards (GBS) – a RM2bn ($480m) issue by the Malaysian government-controlled asset manager, Permodalan Nasional. Since then, the green bond market in Asia Pacific has won many accolades, with 2018 seeing the region record the...
The administration of President Rodrigo Duterte has shown a clear preference for using a mix of public funds and official development assistance (ODA) to finance its Build, Build, Build infrastructure programme. While the government has a list of projects in mind to better connect and modernise the country, the area of transport infrastructure...
While real estate investment trusts (REITs), or publicly listed stock corporations that own income-generating real estate assets, have been notionally possible since the REIT Act of 2009, no asset of this type has been established. However, this is set to change as local real estate firm Ayala Land announced in April 2019 that it will raise...
In a bid to promote investment and address current challenges, the government has intensified efforts to liberalise air transport. As part of this aim, officials have embarked on the two-pronged strategy of boosting the capacity of the country’s primary international gateway, Ninoy Aquino International Airport (NAIA) in Manila, and developing...
Across the globe the urban transportation sector is experiencing rapid expansion, driven by economic growth and a global demographic shift towards urbanisation. Politicians, urban planners and private sector actors are working together to find new solutions for reducing congestion and increasing the speed and efficiency of urban transport....
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