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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......»»
Customs revives declaration forms for arriving international passengers at NAIA
THE filled out Customs declaration forms for arriving international passengers at the NAIA Terminals is being revived by the Bureau of Customs (BOC) at the Ninoy Aquino International Airport (NAIA) and is now under pilot testing. BOC-NAIA district collector Atty Yasmin Mapa said that international passengers arriving in the country are now obliged to submit […].....»»
Beautéderm Headquarter ni Rhea Tan isang taon na; ambassadors kasamang nag-celebrate
MATAGUMPAY ang ginawang Chinese New Year (CNY) party ng negosyanteng si Rhea Tan kasama ang celebrities na sina Sam Milby, Carlo Aquino, Sylvia Sanchez, Anne Feo, Alma Concepcion, Ynez Veneracion, Jhaiho, KimSon, Gillian Vicencio, Sunshine Garcia, DJ Chacha, Patricial Tumulak, at Menggay Vlog sa Beautéderm Headquarters sa Angeles City. Kasabay ng CNY celebration, nagbigay din ng tips for success si Tan ….....»»
Action and performance
Lucio “Han” Tan III is truly an “action speaks louder than words” man, letting the financial performance of the various key businesses of the LT Group prove his managerial skills instead of him personally hogging the news and perhaps overshadowing his slew of new professional lieutenants who are helping him run the various companies under the group......»»
GSIS, PNB allot P1.2 billion for affordable housing
State-run pension fund Government Service Insurance System has teamed up with Lucio Tan-led Philippine National Bank to earmark P1.2 billion to construct affordable houses and address the backlog in the country......»»
PAL prospers post-pandemic, triples profit
Lucio Tan-owned Philippine Airlines tripled its profit to nearly P17 billion in 2023, lifted by its sustained dominance in the market for international travelers even with the entry of new players......»»
LT Group income slightly up in 2023
Earnings of tycoon Lucio Tan’s LT Group Inc. saw a slight improvement last year as higher contributions from its banking, liquor and property units offset the slowdown in the tobacco business......»»
PAL revives stake sale to investors
Taipan Lucio Tan has revived plans to sell a significant stake in Philippine Airlines (PAL) to a strategic investor who could help the flag carrier soar to even greater heights, industry sources said......»»
NAIA sale to pay debts
Amid the excitement over the successful privatization of NAIA’s rehab and operation, Finance Secretary Ralph Recto mused about the future of NAIA beyond the 15-year San Miguel concession period......»»
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......»»
[Vantage Point] BDO lifts NAIA rehab
Transportation Secretary Jaime Bautista says BDO chairperson Teresita Tan Sy-Coson's generous guarantee has given his department comfort that the winning bidder will not lack the needed wherewithal to pursue the project.....»»
BIDDING SET IN JUNE | 11 companies buy bid documents for Capitol s bulk water project
BIDDING SET IN JUNE | 11 companies buy bid documents for Capitol s bulk water project.....»»
BDO readies SMC financial war chest for NAIA
The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»
Rhea Tan ibinahagi tips sa matagumpay na negosyo
MATABILni John Fontanilla MATAGUMPAY ang ginawang Chinese New Year at 1st Anniversary ng kanyang seven storey building ang CEO & President ng Beautéderm, Beauté Beanery, at A- List Avenue na si Rhea Tan kasama ang mga celebrity ambassador na ginanap sa Beautéderm Headquarters sa Angeles City. Sa event ay nagbigay ng tips si Ms. Rhea kung paano ….....»»
Mike Tan nabutas ang eardrum dahil sa sampal ng kaeksenang aktres
NEVER makakalimutan ng Kapuso actor na si Mike Tan ang pananampal sa kanya ng isang kilalang aktres sa taping ng serye nila noong “Faithfully.” Dahil daw kasi sa lakas ng sampal sa kanya ng naturang aktres sa isa nilang confrontation scene sa serye ay nabutas ang kanyang eardrum. Natanong si Mike sa panayam ng “Kapuso.....»»
Kimson Tan gustong papakin ng mga beki; hindi pa kering magpakita ng pwet
MAS dumami pa ang mga bading na nagpapantasya at natatakam sa Kapuso actor na si Kimson Tan. Ito’y matapos ngang bumandera sa social media ang mga litrato niyang naka-swimwear kasama ang mga kapwa Sparkle artists na sina Bruce Roeland at Migs Villasis. Ginawa ito ng tatlong Kapuso actors para sa December 2023 issue ng isang.....»»
Hold departure order batok kang Tan
Hold departure order batok kang Tan.....»»
Naia rehab: SMC-led consortium bags P170-B project
As early as next year, passengers using Ninoy Aquino International Airport (Naia) could expect improved management of the congested international gateway as a consortium led by San Miguel Corp. (SMC) takes over its operations and maintenance, according to the Department of Transportation (DOTr). The DOTr announced on Friday that the solicited bidding for the highly.....»»
San Miguel consortium wins P171-B NAIA operations, rehab project
The Department of Transportation announced on Friday that the San Miguel Consortium had been awarded the P170.6-billion contract to operate, maintain and rehabilitate NAIA......»»
AEBC Corporate Cup: Deo tows CBM Engineering past Davies Paints
CEBU CITY, Philippines — The CBM Engineering cruised to its second straight win behind Ivan Deo’s 30-point game against Davies Paints, 88-77, in the Architects and Engineers Basketball Club (AEBC) 7th Corporate Cup 2024 on Friday evening, March 22, at the University of San Carlos (USC) main campus gymnasium. Deo erupted for 30 points, and.....»»