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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: philstar philstarMar 4th, 2024

I feel like a criminal for quitting- nurses in the US fight stay or pay agreements - US healthcare

Filipino nurses for Ohio-based company say they have been forced to pay thousands in fees after signing training contracts Filipino nurses are calling for the USs top labor watchdog to review controversial stay or pay training repayment agreement provisions that have left them facing lawsuits and thousands of dollars in fees after they quit their jobs. Training repayment agreement provisions (Trap) are contracts employers.....»»

Category: newsSource:  manilanewsRelated NewsApr 18th, 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

Training on ICC model for international sales contracts

The Center for Global Best Practices will host an in-person training on the International Chamber of Commerce model for international sales and contracts, its relevant rules, standards and practices, on April 23, from 9 a.m. to 5 p.m. at the EDSA Shangri-La Hotel, Mandaluyong City......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Training program on construction law and contracts

The Center for Global Best Practices will host a two-session MCLE-accredited online training titled “Best Practices Guide to Construction Law and Crafting Contracts” on March 13 and 14 via Zoom......»»

Category: financeSource:  philstarRelated NewsMar 4th, 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

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

Davao Bus Project to begin major infra construction

FOLLOWING the ceremonial signing of civil works contracts for the construction of the Davao Bus Project’s infrastructure facilities (e.g. terminals, depots and bus stops), the City Government of Davao extended its gratitude to the Department of Transportation (DOTr) and appealed to the agency to guarantee appropriation necessary to deliver the project on time......»»

Category: newsSource:  sunstarRelated NewsFeb 16th, 2024

PBBM backs Davao transport project

President Ferdinand "Bongbong" Marcos Jr. witnessed the signing of contracts for the Davao Public Transport Modernization Project (DPTMP) on Wednesday, Feburary 7, in conjunction with the celebration of the 125th anniversary of the Department of Transportation (DOTr)......»»

Category: newsSource:  sunstarRelated NewsFeb 8th, 2024

Basic Energy, Renova sign MOU for construction of 50MW Mabini Wind Energy Project

I reported last week on Basic Energy and its progress toward signing a memorandum of understanding with Renova Inc. to set the framework for signing an eventual Joint Development and Shareholders Agreement for the construction of the 50MW Mabini Wind Energy Project......»»

Category: financeSource:  philstarRelated NewsFeb 5th, 2024

Basic Energy signs MOU for joint development of 50MW Batangas wind project

Basic Energy announced that its board authorized the signing of a memorandum of understanding with Renova Inc., a Japanese renewable energy company, to set the framework toward signing a definitive Joint Development Shareholders’ Agreement for the 50 megawatt Mabini Wind Energy Project......»»

Category: financeSource:  philstarRelated NewsJan 31st, 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

‘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

Houses of 39 families in Barangay Singcang-Airport set to be demolished

Houses of 39 families in Barangay Singcang-Airport set to be demolished.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 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

`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

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

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 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

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