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8990 Holdings expands buyback limit to P7-B of stock

8990 Holdings disclosed that its board of directors voted to “expand” a P2 billion stock buyback program that was originally established back in 2019, which was then suspended during the pandemic to conserve cash......»»

Category: financeSource:  philstarRelated NewsFeb 22nd, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

SMC launches PHL’s first complete biodiversity offset Site in Bulacan

San Miguel Aerocity, Inc. (SMAI), a subsidiary of San Miguel Corporation (SMC), has inaugurated its Saribuhay sa Dampalit project in Barangay Pamarawan, Malolos, Bulacan. This pioneering initiative marks the launch of the Philippines’ first Biodiversity Offset Program (BOP)  — part of the company’s nature-based solutions to building its New Manila International Airport project (NMAI) in ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsFeb 25th, 2024

RLC kicks off 2024 residential launches with Cubao condo

Gokongwei-led Robinsons Land Corp. is kicking off its new residential project pipeline for 2024 on a high note with the launch of its latest property, Mira Residences, in Quezon City......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

RLC kicks off 2024 residential launches with Cubao condo

Gokongwei-led Robinsons Land Corp. is kicking off its new residential project pipeline for 2024 on a high note with the launch of its latest property, Mira Residences, in Quezon City......»»

Category: lifestyleSource:  abscbnRelated NewsApr 7th, 2024

Residential electricity rates up by P0.19/kWh for Jan-Feb billing

Visayan Electric residential consumers will experience an increase of P0.19/kWh for their January-February billing. The hike is caused by the increase in generation rates at the Wholesale Electricity Spot Market (WESM) and the transmission charges of the National Grid Corporation of the Philippines (NGCP). The increase brings the average residential electricity rate from P11.43/kWh last.....»»

Category: newsSource:  inquirerRelated NewsJan 15th, 2024

Kampanya vs krimen walang tigil sa Bulacan MOST WANTED NA PUGANTE, 13 PA TIKLO

HUMANTONG sa pagkakadakip ng isang puganteng matagal nang pinaghahanap ng batas at 13 iba pa ang walang tigil na kampanya ng pulisya ng lalawigan ng Bulacan hanggang nitong Miyerkoles ng umaga, 24 Enero. Sa ulat na ipinadala kay P/Col. Relly Arnedo, Provincial Director ng Bulacan PPO, nasukol sa pursuit operation ng tracker team ng 1st ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsJan 26th, 2024

SMC to start Bulacan airport development in 2025

Diversified conglomerate San Miguel Corp. (SMC) targets to start airport development works at its P740-billion international gateway project in Bulacan next year......»»

Category: newsSource:  philstarRelated NewsMar 15th, 2024

Bulacan gets P20B new investments in 2023

Bulacan gets P20B new investments in 2023.....»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

CLLEx right-of-way row resolved; project to resume Q2 — Zambales guv

The Central Luzon Link Expressway, which has faced long delays due to right-of-way claims, got a new lease in life after a dialogue between project officials and landowners affected by the project resolved problems besetting the government project......»»

Category: financeSource:  philstarRelated NewsMar 31st, 2024

Who is Atty. Kent Francesco Jongoy, the newly endorsed CBRT project manager?

CEBU CITY, Philippines — Cebu City Mayor Michael Rama has recently endorsed a new project manager for the Cebu Bus Rapid Transit (CBRT) project. Meet incoming CBRT project manager Lawyer Kent Francesco Jongoy, the assistant head of the Cebu City Transportation Office (CCTO), the head of its Public Mass Transportation Division, and its legal officer......»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

New pop rock act The Qings launches debut with ‘Parallels’

New pop rock act The Qings launches debut with ‘Parallels’.....»»

Category: newsSource:  sunstarRelated NewsMar 19th, 2024

Mandani Bay launches second phase of new real estate venture, Mandani Bay Quay

Mandani Bay launches second phase of new real estate venture, Mandani Bay Quay.....»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

Infobip launches viber business calls, new solution for tech-minded entreprenuers

Infobip launches viber business calls, new solution for tech-minded entreprenuers.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

Shang Properties looks forward to a stronger 2024 with its successful rebrand and new property launches

Shang Properties looks forward to a stronger 2024 with its successful rebrand and new property launches.....»»

Category: newsSource:  sunstarRelated NewsJan 20th, 2024

Alternergy reallocates IPO proceeds to Tanay and Alabat projects

Alternergy, the renewable energy generation company founded by Vince Pérez (former DoE Secretary), announced that its board of directors reallocated P65 million of the IPO proceeds that were originally scheduled for the Solana Solar Project, Ibulao Mini Hydro Project, Cavite Offshore Wind Project, Tablas Strait Offshore Wind Project, and the operationalization of Green Energy Supply Solutions Inc......»»

Category: financeSource:  philstarRelated NewsMar 26th, 2024

300M Coliseum Project is set to be constructed at the CatSU Compound

Catanduanes State University’s leadership joyfully announces the initiation of a 300 million project aimed at constructing a coliseum on a one-hectare plot within the campus. In a statement by President Patrick Azanza, he indicated that the initial phase, valued at 100 million, is slated to commence this year, with the entire project anticipated to conclude […] The post 300M Coliseum Project is set to be constructed at the CatSU Compound appeared first on Bicol Peryodiko......»»

Category: newsSource:  inquirerRelated NewsJan 11th, 2024

Trealva residential community in Midlands West breaks ground

Midlands West, the newest residential district in Tagaytay Highlands, has broken ground for its first community which integrates eco-centric living in a luxury mountain resort environment......»»

Category: financeSource:  philstarRelated NewsApr 19th, 2024

Lapu-Lapu City to build 5 residential buildings in Pusok

Lapu-Lapu City to build 5 residential buildings in Pusok.....»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

Residential rates to go up

Residential rates to go up.....»»

Category: newsSource:  sunstarRelated NewsMar 17th, 2024