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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......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

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.....»»

Category: newsSource:  inquirerRelated NewsFeb 18th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 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

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 […].....»»

Category: newsSource:  journalRelated NewsFeb 13th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Manila Water explores Pangasinan supply deal

The consortium of Manila Water Co. Inc. and its wholly owned subsidiary, Manila Water Philippine Ventures continue to explore water supply partnerships with the Provincial Government of Pangasinan as it looks to revive the recently terminated concession agreement between the two......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024

Maharlika Consortium awarded as microgrid service provider

The Maharlika Consortium has bagged a contract to provide electricity services in eight unserved areas in Cebu, Quezon and Palawan, according to the Department of Energy......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 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

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

NAIA deal signing set in Malacañang on Monday

Diversified conglomerate San Miguel Corp. will get the blessing of no less than President Marcos in its takeover of the Ninoy Aquino International Airport as the Chief Executive is expected to witness the signing of the concession on Monday......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

A glance at government s windfall from SMC’s NAIA takeover

The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 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

Contract awarded to rehabilitate Philippines main airport

MANILA, Feb. 17 (Xinhua) -- The Philippine government has awarded a contract to a private consortium led by San Miguel Corp.(SMC) to upgrade the country's main international gateway, the Ninoy Aquino International Airport (NAIA). In a statement released on Friday night, National Economic and Development Authority Secretary Arsenio Balisacan lauded the efforts of the Department of Transportation in spearheading t.....»»

Category: sportsSource:  abscbnRelated NewsFeb 18th, 2024

Contract awarded to rehabilitate Philippines main airport

MANILA, Feb. 17 (Xinhua) -- The Philippine government has awarded a contract to a private consortium led by San Miguel Corp.(SMC) to upgrade the country's main international gateway, the Ninoy Aquino International Airport (NAIA). In a statement released on Friday night, National Economic and Development Authority Secretary Arsenio Balisacan lauded the efforts of the Department of Transportation in spearheading t.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

Defining moment

On Friday, the Philippine government announced that it has chosen the consortium that includes San Miguel Holdings Corp. to rehabilitate, operate, optimize and maintain the country’s premier gateway and inarguably one of the world’s worst – the Ninoy Aquino International Airport (NAIA)......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

NAIA, Palawan sapol ng `danger’ level sa init

Ayon sa Pagasa, ang temperatura na aabot sa 42 hanggang 51 degrees Celsius ay nasa ilalim ng kategoryang “danger” ng mga heat index. The post NAIA, Palawan sapol ng `danger’ level sa init first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 31st, 2024

MIAA to remove gang chairs at NAIA-3 arrival lobby

The Manila International Airport Authority is scheduled to remove all the gang chairs at the arrival lobby of the Ninoy Aquino International Airport Terminal 3 (NAIA-3) after Holy Week, MIAA general manager Eric Ines said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

BI nabs fake Interpol agent at NAIA

A female trafficking victim pretending to be an Interpol agent was nabbed by Bureau of Immigration (BI) officers at the departure area of the NAIA Terminal 3. In his report to BI chief Norman Tansingco, immigration protection and border enforcement section (I-PROBES) Bienvenido Castillo III said the 34-year-old victim was intercepted while departing last March […].....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024

The best is yet to come

With the situation turning from bad to worse at the Ninoy Aquino International Airport (NAIA), it’s not surprising that there is growing anticipation for the takeover by the San Miguel Corp. (SMC) group of NAIA’s rehabilitation and operation......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024