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EDSA busway privatization next in DOTr’s to do list

After signing the concession agreement for the Ninoy Aquino International Airport (NAIA), the Department of Transportation (DOTr) is set to embark on the privatization of another big-ticket infrastructure: the busway in the busiest thoroughfare in Metro Manila......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

NEWS BRIEFS | Misamis Oriental Updates, 31 January 2024

P12.75 billion ok’d for Laguindingan airport expansion The National Economic Development Authority (NEDA) said it approved the expansion of Laguindingan Airport in Misamis Oriental, which has become the most overcrowded airport in the region. NEDA Secretary Arsenio Balisacan approved the “parameters, terms, and conditions of the upgrade of the airport,” Mindanao’s second busiest airport. The […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

PSALM expects P100 billion from CBK privatization

The Power Sector Assets and Liabilities Management Corp. (PSALM) is expected to generate as much as P100 billon from the privatization of the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, bolstering the cash position of the cash-strapped state firm......»»

Category: newsSource:  philstarRelated NewsMar 24th, 2024

First power privatization under President Marcosgets PCC nod

The country’s antitrust agency has cleared the first power privatization project under the Marcos administration as the deal is unlikely to reduce competition in the market......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

NAIA takes flight with SMC’s modernization

The very first thing tourists see when they land in the country is the airport. This is why a much-anticipated development of the Ninoy Aquino International Airport now set to undergo privatization and modernization, heralds a promising era poised to propel further economic growth and elevate the Philippines as a premier destination for tourism and investment......»»

Category: financeSource:  philstarRelated NewsMar 13th, 2024

Floods displace 83,000 families in Davao Region

DAVAO CITY (MindaNews / 19 January) – Floods brought by heavy rains due to a shear line have uprooted a total of 83,158 families or 349,183 individuals in Davao Region, according to the Office of Civil Defense (OCD) regional office. OCD-Davao Region spokesperson Franz Irag said that as of Friday, 3,648 families or 14,685 individuals […].....»»

Category: newsSource:  mindanewsRelated NewsJan 20th, 2024

Japan flight returns to airport with cockpit window crack; no injuries

TOKYO — An All Nippon Airways domestic flight turned back to Japan’s northern airport of Sapporo after a crack was found on the cockpit window, according to the airline and media reports. ANA Flight 1182 was en route to Toyama airport in central Japan on Saturday but had to return to the New Chitose airport.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

P146 billion airport contracts set for signing this year

The Department of Transportation will sign this year more than P146 billion worth of contracts for the privatization of four airports, freeing up fiscal space for the government and building up the public-private partnership landscape......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

‘Use PPPs for infrastructure, not to raise revenues’

A member of a losing consortium in the privatization of the Ninoy Aquino International Airport has urged government to stop using revenue gains as a bid parameter in awarding public-private partnership projects......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Much better deal than Cha-cha

The successful conduct and outcome of the public bidding for the privatization and rehabilitation of the Ninoy Aquino International Airport could be the best argument to reject Charter change (Cha-cha)......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

RSA allays last-minute NAIA review

On Thursday, Feb. 15, Transportation Secretary Jaime Bautista was worried and feeling sick, even feverish, according to sources, from the growing speculation and intrigue regarding the awarding of the estimated P170.6-billion solicited proposal to rehabilitate the Ninoy Aquino International Airport (NAIA), fearful that his long dream of finally accomplishing the privatization and much need rehabilitation of NAIA may once more be derailed......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

`Mail order’ bride kinalawit sa airport

Isang babae ang dinakma sa airport matapos mabisto sa `mail order’ bride modus. The post `Mail order’ bride kinalawit sa airport first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 30th, 2024

Caap-Davao denies aircon shutdown at Davao Airport

THE Civil Aviation Authority of the Philippines (Caap-Davao) denied allegations of shutting down the centralized air conditioner at Francisco Bangoy International Airport (Davao International Airport), countering claims made by a netizen regarding the alleged mistreatment of passengers......»»

Category: newsSource:  sunstarRelated NewsMar 20th, 2024

‘From worst airport to pest airport’

A senior citizen reader who is a retired diplomat sent me this short note asking what’s happening to our airport......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

Losing NAIA bidders concede, vow to support airport upgrade

The losing bidders for the 15-year contract to rehabilitate the Ninoy Aquino International Airport have committed to support the modernization of the airport, which the Marcos administration awarded to a consortium led by diversified conglomerate San Miguel Corp. Transportation Secretary Jaime Bautista told The STAR over the weekend......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

NAIA rehab: Consortium led by San Miguel, Incheon Airport outbids everyone

If San Miguel's consortium wins, that would mean the massive conglomerate gains control of both the Ninoy Aquino International Airport and the Bulacan International Airport.....»»

Category: newsSource:  rapplerRelated NewsFeb 8th, 2024

Saudi Arabia: Migrant Workers Long Overdue Wages at Risk

(Beirut) - Representatives of two construction companies in Saudi Arabia announced recently that migrant workers will get their long overdue unpaid wages, but gaps in the repayment scheme puts the payments at risk, Human Rights Watch said today.Saudi authorities should ensure all former workers of these companies receive the full amount they.....»»

Category: sportsSource:  abscbnRelated NewsMar 3rd, 2024

Saudi Arabia: Migrant Workers Long Overdue Wages at Risk

(Beirut) - Representatives of two construction companies in Saudi Arabia announced recently that migrant workers will get their long overdue unpaid wages, but gaps in the repayment scheme puts the payments at risk, Human Rights Watch said today.Saudi authorities should ensure all former workers of these companies receive the full amount they.....»»

Category: newsSource:  philippinetimesRelated NewsMar 2nd, 2024

Lawmaker proposes gradual 3-year wage hike for private workers

A lawmaker on Wednesday proposed gradually increasing the minimum daily wage for private sector workers by P100 over three years. Manila Rep. Joel Chua believes this approach would be manageable for businesses still recovering from the pandemic. He emphasized the importance of balancing the interests of workers and businesses while implementing the wage hike. A.....»»

Category: newsSource:  inquirerRelated NewsFeb 22nd, 2024

More Infra Needed as BPO Workers Rises to 1.7 Million Workers by End of 2023

The business process outsourcing in the Philippines employed a total of 1.7 million workers and generated revenues worth at least 35 billion USD at the end of 2023, according to a report. But for the local industry not to get left behind by other countries, stakeholders want continued investment in infrastructure, real estate, reliable internet, […].....»»

Category: newsSource:  metrocebuRelated NewsFeb 21st, 2024