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Pasig River
On Jan. 17, 2024, I attended the launch of the Pasig Bigyang Buhay Muli redevelopment project for Metro Manila’s most famous river, as a guest of the First Couple......»»
Megawide expands portfolio of 8990 projects
Infrastructure conglomerate Megawide Construction Corp. has completed another project for mass housing developer 8990 Holdings Inc......»»
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......»»
SMC scraps plans to build P100 billion Pasig River tollway
Diversified conglomerate San Miguel Corp. will no longer pursue its plan to build a toll road on the Pasig River, succumbing to pressure from opposition groups......»»
Pasig River rehab expands to Intramuros
The rehabilitation of Pasig River has been expanded to Intramuros and will feature an interconnected showcase area between the Manila Central Post Office and the walled city......»»
Pasig River rehab to promote tourism, transport connectivity – DHSUD
The rehabilitation of the Pasig River will be aimed at boosting tourism and promoting transportation connectivity in Metro Manila, the Department of Human Settlements and Urban Development said over the weekend......»»
Drunk man drowns in Pasig River
A construction worker drowned when he went for a swim in the Pasig River as he and his workmates were enjoying a drinking session in Intramuros, Manila on Thursday night......»»
Marcos inaugurates Pasig River rehab project
President Marcos yesterday led the inauguration of the “Pasig Bigyang Buhay Muli” project behind the Manila Central Post Office......»»
Sy family invests P5 billion in Megawide affiliate
The Sy family is once again playing a big brother role to a company led by businessman Edgar Saavedra, this time investing in Megawide’s affiliate renewable energy real estate investment trust......»»
Holcim, Megawide renew cement supply agreement
Holcim Philippines Inc. has renewed its supply agreement to provide the cement requirements of Megawide Construction Corp......»»
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......»»
River Crossing
RIVER CROSSING. Father and son hire a boatman to bring them to the other side of Mandulog River in Iligan City from Bayug Island to Barangay Santiago on Wednesday morning (28 February 2024), for the father to work, and for the son to go to school. MindaNews photo by BOBBY TIMONERA.....»»
PSSO warns anew vs building structures atop dikes, coastal road
The Davao City Public Safety and Security Office's (PSSO) Coastal Road and Davao River Monitoring Team has issued a renewed warning to Dabawenyos against constructing buildings on top of dikes and along the coastal road. This caution follows the dismantling of 334 illegal structures from October 2020 to the third week of January 2023. PSSO Head Angel Sumagaysay emphasized that these structures, including house extensions, kitchen extensions, cages, and sala extensions, are typically found atop or attached to dikes and gabions near the Davao River. Recent operations in the Talomo District involved the removal of a hut at Purok 8 Iñigo, Matina Pangi, and a reconstructed fisherman's kiosk at the Punta Dumalag section of the Coastal Area. Sumagaysay highlighted that the PSSO collaborates with barangays to identify and address illegal structures, and owners are given the choice to self-demolish or have the PSSO carry out the demolition. Sumagaysay stressed that illegal structures on dikes and gabions pose risks to the structure's integrity, potentially leading to increased flooding and related issues. He urged residents living near the river to refrain from constructing any form of extension or additional structure on the dikes, emphasizing the need to preserve their stability to prevent flooding and overflow. The PSSO does not have a specific target number of structures to dismantle, but rather identifies them during monitoring and inspection, working in coordination with barangays and purok leaders. Sumagaysay hopes that the public comprehends the purpose behind these dismantling efforts, emphasizing the importance of safeguarding the dikes to mitigate flooding risks......»»
Private firms to bankroll P18 billion Pasig rehab
The country’s top businessmen are backing the government’s rehabilitation of the Pasig River, a vital waterway and prominent landmark and tourist attraction......»»
Mom of 2 crowned Miss Universe Pasig
A few days before the formal presentation of the 2024 Miss Universe Philippines lineup, the Miss Universe Pasig Organization, through its directors Rochelle Romero and couple Curlee & Zarah Discaya, crowned their official representative in the person of Selena Antonio Reyes at the rooftop gallery of the St. Gerrard Construction Executive Building in downtown Pasig......»»
San Miguel to scrap P100-B Pasig River tollway?
SMC said that this is in response to the “prevailing sentiment expressed by the public on the Project”......»»
‘Defend our rivers,’ indigenous and envi groups denounce destructive mega dams
Kalikasan People’s Network for Environment said that the Marcos Jr administration still allows massive projects like Kaliwa-Kanan-Laiban Dam, Wawa Dam, Ahunan Hydropower project, Jalaur Mega-Dam, Saltan Dam, and the Pasig River Expressway, all of which endanger the affected communities. The post ‘Defend our rivers,’ indigenous and envi groups denounce destructive mega dams appeared first on Bulatlat......»»
Jollibee buys 10% stake in Botrista for $28-M
Jollibee disclosed that it purchased a 10% stake in Botrista, a “leader in the beverage technology space”, for $28 million through its subsidiary, Jollibee Worldwide Pte. Ltd......»»
BPI to sell its entire 15% GoTyme Bank stake back to the Gokongweis
Zobel Family banking unit BPI disclosed that its board of directors has approved the sale of BPI’s stake in GoTyme Bank to a subsidiary of JG Summit and a company called Giga Investment Holdings Pte. Ltd. at a price of P1.20/share......»»
PAL denies that it has started the groundwork to sell a minority stake to strategic investor
Philippine Airlines issued a clarification to a news article that claimed PAL was looking to sell a 20% to 25% minority stake to a strategic investor, and that PAL “recently formed a team to ‘receive some offers’”......»»