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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......»»
PSALM expects P100 billion from CBK privatization
The Power Sector Assets and Liabilities Management Corp. (PSALM) is expected to generate as much as P100 billon from the privatization of the 796.46-megawatt (MW) Caliraya-Botocan-Kalayaan (CBK) hydroelectric power plant complex in Laguna, bolstering the cash position of the cash-strapped state firm......»»
First power privatization under President Marcosgets PCC nod
The country’s antitrust agency has cleared the first power privatization project under the Marcos administration as the deal is unlikely to reduce competition in the market......»»
Striking drivers, operators face financial woes
For single-unit operators like Chel Mallonga, 45, the impact of the government’s Public Utility Vehicle Modernization Program (PUVMP) would be drastic. Once consolidation pushes through, single-unit operators will no longer be granted franchises. The post Striking drivers, operators face financial woes appeared first on Bulatlat......»»
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather.....»»
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather
Natural farming ‘solution’ to woes of farmers hit hard by extreme weather.....»»
Marcos Jr. wants holistic plan to solve Metro Manila traffic woes
With traffic gridlocks costing the economy billions of pesos, President Marcos has called for a “comprehensive” solution to the country’s traffic woes and has directed agencies to come up with work adjustment plans, National Economic and Development Authority Secretary Arsenio Balisacan said yesterday......»»
Samal residents rally vs power woes
Electricity consumers in the Island Garden City of Samal in Davao del Norte province joined an interfaith prayer rally over the weekend to protest the continued power woes in their area......»»
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......»»
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......»»
MVP wants longer contract period for MRT-3
One of the potential bidders for the privatization of the Metro Rail Transit Line 3 wants the government to award a new concession with a service contract longer than 15 years......»»
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......»»
‘Use PPPs for infrastructure, not to raise revenues’
A member of a losing consortium in the privatization of the Ninoy Aquino International Airport has urged government to stop using revenue gains as a bid parameter in awarding public-private partnership projects......»»
Notes on the beat: Behind the scenes in the NAIA bidding
It may have been the fastest privatization of a big-ticket government asset, but it certainly was far from being seamless......»»
Much better deal than Cha-cha
The successful conduct and outcome of the public bidding for the privatization and rehabilitation of the Ninoy Aquino International Airport could be the best argument to reject Charter change (Cha-cha)......»»
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......»»
MVP, Ang may jointly bid for MRT-3
Another infrastructure tie-up between tycoons Manuel V. Pangilinan and Ramon Ang could be in the works as Metro Pacific Investments Corp. will engage San Miguel Corp. in bidding for the privatization of the Metro Rail Transit Line 3......»»
MPIC, SMC bids for MRT-3 rejected
The Department of Transportation will decline the privatization offers for the Metro Rail Transit Line 3 made by tycoons Manuel V. Pangilinan and Ramon Ang, as it eyes to get additional offers from the private sector......»»
Maguindanaons join regional SIAP political party
More than a thousand Moro and non-Moro residents in Maguindanao del Sur and Maguindanao del Norte on Thursday joined a regional partly trying to fix the economic woes in the Bangsamoro region by improving commerce and trade in its six provinces and three cities......»»
No end in sight for ABS-CBN’s woes
Media giant ABS-CBN Corp. suffered a setback in its efforts to become profitable again, tripling its net loss to nearly P10 billion last year due to the impairment of some of its legacy assets......»»