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PSAC affirms commitment to public-private collaboration

The Private Sector Advisory Council is ramping up efforts to foster economic growth and poverty reduction through collaboration between governments and the private sector......»»

Category: financeSource:  philstarRelated NewsFeb 13th, 2024

Mike Rama: Sinulog 2025 ‘must be in SRP’

CEBU CITY, Philippines – The Sinulog Festival in 2025 will still be held in the South Road Properties (SRP). “It must be in SRP,” Cebu City Mayor Michael Rama said in an interview on Sunday afternoon, January 21. For Rama, the SRP remains the best venue for the annual festival. Some of the spectators in.....»»

Category: newsSource:  inquirerRelated NewsJan 21st, 2024

Megawide confirms route expansion for PITX bus terminal

Megawide confirmed a report that its subsidiary, Parañaque Integrated Terminal Exchange (PITX), is planning to add six bus routes to its 100-route network......»»

Category: financeSource:  philstarRelated NewsJan 25th, 2024

Cebu bus terminals: 100,000 passengers expected on March 27

CEBU CITY, Philippines — At least 100,000 passengers are expected to flock to two of the biggest bus terminals here in Cebu for the Holy Week this year. As early as 7 a.m. on Holy Wednesday, dozens already queued for buses at the Cebu North Bus Terminal (CNBT) in the North Reclamation Area. READ MORE:.....»»

Category: newsSource:  inquirerRelated NewsMar 27th, 2024

P200B mega project will soon rise in SRP if …

  CEBU CITY, Philippines – A “mega infrastructure project” worth over P200 billion is set to transform the landscape of the South Road Properties (SRP) in Cebu City. This is if a project of a private corporation that it proposed to the city government will be approved. READ: ‘Rotonda’ soon to be constructed along SRP.....»»

Category: newsSource:  inquirerRelated NewsJan 18th, 2024

ICTSI bags P750 million Iloilo Port deal

Logistics giant International Container Terminal Services Inc. will add another port to its network of facilities here and abroad, this time securing the P750 million contract to manage the Iloilo Commercial Port Complex......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2024

CPA issue: Cebu City to file cases for alleged violations, multiple illegal constructions

CEBU CITY, Philippines – The Office of the Building Official (OBO) in Cebu City has taken legal action against the Cebu Port Authority (CPA) for the alleged multiple violations related to unauthorized construction activities within the port area. This action comes after CPA persisted in building multiple buildings in the port area without the necessary.....»»

Category: newsSource:  inquirerRelated NewsMar 15th, 2024

Rama backs P246-billion mega project in SRP

CEBU CITY, Philippines – Cebu City Mayor Michael Rama has backed the proposed  P246 billion mega project in the South Road Properties (SRP). He stated, “If this aligns with principles of fairness and correctness, why not?” READ: P200B mega project will soon rise in SRP if … Rama also expressed his support for the proposed.....»»

Category: newsSource:  inquirerRelated NewsJan 27th, 2024

Rama stops CPA port project due to permit issues

CEBU CITY, Philippines – Cebu City Mayor Michael Rama ordered City Hall officials to stop the construction of a port at the back of the National Museum after the Cebu Port Authority (CPA) failed to secure a building permit. The mayor even slammed the CPA for the lack of “decency” and “courtesy” due to the.....»»

Category: newsSource:  inquirerRelated NewsMar 9th, 2024

Unattended carton box disrupts operations at Davao bus terminal

DAVAO CITY (MindaNews / 22 February)—An unattended carton box, suspected as a bomb threat, temporarily disrupted operations at the Davao City Overland Transport Terminal (DCOTT) early morning Thursday. As it turned out, it was just a box containing limestone and sand endorsed by a customer to the bus driver to be brought to Manila during […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 22nd, 2024

Drayber, konduktor sa bus sa Ecoland terminal gipaubos sa drug test

Drayber, konduktor sa bus sa Ecoland terminal gipaubos sa drug test.....»»

Category: newsSource:  sunstarRelated NewsMar 27th, 2024

Bus, ferry terminal sa CSCR giduso

Bus, ferry terminal sa CSCR giduso.....»»

Category: newsSource:  sunstarRelated NewsMar 24th, 2024

Public sector banks doing better in managing NPAs vis-a-vis their private counterparts: FICCI-IBA survey

New Delhi [India], March 21 (ANI): Public sector banks in India are doing better in comparison to their private sector counterparts in terms of non-performing assets, a survey conducted by industry body FICCI and banking association Indian Banks' Association (IBA) found. A nonperforming asset refers to loans or advances that are on the brink of default. According to the survey, a large majority (77 per cent) of the respon.....»»

Category: newsSource:  manilanewsRelated NewsMar 21st, 2024

Slabs from dismantled Cebu City skywalks now at DPWH stockyard at SRP

CEBU CITY, Philippines – The slabs that were removed from the two dismantled skywalks along Osmeña Boulevard in Cebu City are currently kept at the stockyard of the Department of Public Works and Higways (DPWH) located at the South Road Properties (SRP). According to Cebu City Councilor Jerry Guardo, a structural engineer will be inspecting.....»»

Category: newsSource:  inquirerRelated NewsFeb 28th, 2024

ICT FY23 net income down 17% to US $511-M

International Container Terminal Services, the multi-national port operator owned by Enrique Razon, posted FY23 net income of $511 million, which was down 17% from FY22’s $618 million due to a “non-recurring and non-cash impairment of goodwill” related to ICT’s acquisition of Pakistan International Container Terminal, and to various other increases in expenses and liabilities......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

Indian Coast Guard ship docks at Manila port amid tensions in South China Sea

Manila [Philippines], March 26 (ANI): Amid tensions in the South China Sea, the Indian Coast Guard ship, Samudra Paheredar docked at the Manila Bay in the Philippines as part of a broader initiative aimed at demonstrating ICG Marine Pollution Response capabilities, the Ministry of Defence (MoD) said in an official release on Tuesday. The ICG ship which arrived at the port on Monday, is on an overseas deployment to ASEAN c.....»»

Category: newsSource:  manilanewsRelated NewsMar 26th, 2024

'SerbisyoBandera: Bagong port sa Batangas naghahanap ng ‘skilled’ workers

BAGONG bukas na negosyo? Nako, automatic niyan ay naghahanap sila ng mga empleyado. Katulad na lamang ng bagong terminal and shipment port na itinayo sa Brgy. San Juan sa Mabini, Batangas – ang Mabini Batangas Premier Terminal Inc. (MBPTI). Ayon sa presidente ng MBTI na si Dondon Portugal, marami ang pwedeng maging trabaho sa kanilang.....»»

Category: newsSource:  inquirerRelated NewsApr 25th, 2024

Mati City, 10 municipalities in Davao Oriental suspend classes, work

Following the impact of a Low-Pressure Area (LPA) affecting Northern and Southern Mindanao, local government units (LGUs) in Davao Oriental have collectively suspended classes and government and private offices. The City of Mati and 10 municipalities, including Baganga, Governor Generoso, Cateel, and others, have issued Executive Orders in line with Presidential Executive Order No. 66, series of 2012. The Philippine Atmospheric, Geophysical and Astronomical Services Administration (Pagasa) has forecasted moderate to heavy rains in Davao Oriental due to the Northeast Monsoon (Amihan) and LPA, posing a risk of landslides and flash floods. The Provincial Local Government Unit of Davao Oriental and Municipal Disaster Risk Reduction Management Councils have reported landslides in Lupon and Cateel, with ongoing clearing operations. The Bureau of Fire Protection and other government agencies have rescued families affected by flash floods in Cateel and Caraga. Franz Irag from the Office of Civil Defense-Davao Region confirmed that around 200 individuals or close to 500 families in Davao Region have been displaced and are now in evacuation centers. Additionally, five LGUs in the province of Davao de Oro have also declared the suspension of classes and work in both public and private offices......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Over 600-K affected by shear line in Davao

Over 600,000 people in Davao Region were affected by a shear line, causing unprecedented damage and extensive flooding and landslides. The regional director of the Office of Civil Defense-Davao Region emphasized the need to address these issues and called for collaboration to prevent future disasters. The agriculture sector suffered over P50 million in damages, while infrastructure incurred around P25 million in damages. The report also highlighted the impact on road sections, bridges, and houses, with significant assistance provided by OCD-Davao. Plans are underway for a region-wide flooding dialogue and realignment of projects with disaster prevention efforts in collaboration with the Department of Public Works and Highways. Related stories include urging proactive measures in establishing disaster services at barangays and the expedited release of aid for Davao disaster victims......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Netizens turn to dry humor as they give their take on CSBT transfer plan

CEBU CITY, Philippines — Cebuano netizens resorted to dry humor as they give their take on social media about the plan of the Cebu Provincial government to move the Cebu South Bus Terminal (CSBT) from Cebu City to the neighboring Talisay City in the south of Cebu. The CSBT is currently situated along Natalio Bacalso.....»»

Category: newsSource:  inquirerRelated NewsMar 29th, 2024