Infrastructure

By courting India’s private capital, the Philippines is shifting away from its reliance on development aid

The acquisition follows parent Chandra Asri’s purchases of Cycle & Carriage and Esso’s Singapore petrol stations

This will take decades to complete and require long-term planning, resources and investment

Governments and developers alike should move beyond project-level planning towards system-level planning

This is driving the country to seek overseas funding for its large infrastructure pipeline

Electricity use is rising because the global economy is becoming more digital and electrified at the same time

Rival infrastructural projects are forcing the BRI to evolve

Over US$28 billion will be excluded from banks’ lending limits; system-wide loan growth remains in check

The total value of resources that it may tap for fundraising could reach around US$50 billion, say sources