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Philippine Infradev COO claims Makati Subway Project not very affected , that project will still continue

Philippine Infradev COO Georgina Monsod gave an interview with Hitoshi Iemura of Global Strategy Real Estate that was posted on Youtube on Nov. 28, 2023, where she spoke about the September court decision that altered the land distribution between Taguig and Makati, and about how that might impact INFRA’s crown jewel project, the Makati City Subway......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

DOF finalizing P55.7 billion loan for Metro Manila subway

The government targets to secure P55.7 billion in loans from the Japanese government for the third tranche of financing for the Metro Manila Subway Projects by March......»»

Category: newsSource:  philstarRelated NewsFeb 27th, 2024

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......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Subway project 55% cleared for ROW – DOTr

The Department of Transportation is facing challenges in acquiring the right of way for the subway, delaying the award for the remaining contract packages of the project......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Cebu City eyes Bulacao to Talamban subway project

CEBU CITY, Philippines — The Cebu City government is planning to implement a subway project that will traverse Barangay Bulacao in the south to Talamban in north as a means to ease vehicular traffic here. But first, City Hall will have to secure the approval of the Department of Transportation (DOTr) that will determine its.....»»

Category: lifestyleSource:  abscbnRelated NewsJan 31st, 2024

Meralco to invest P280 million for Metro Manila Subway

Pangilinan-led Manila Electric Co. will invest P280 million for the Metro Manila Subway Project......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

MPIC likely to pass up on subway bidding

The Metro Pacific Investments Corp. plans to pass up on the opportunity to manage the Metro Manila Subway Project (MMSP), the first underground railway in the Philippines being built by the government......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Medical School Loans: A Comprehensive Guide

Embarking on a journey through medical school is a significant undertaking, and for many aspiring physicians, navigating the financial aspects can be a daunting task. Securing appropriate funding through medical school loans is a crucial step in this process. This comprehensive guide aims to provide valuable insights into how to find the best medical school […] The post Medical School Loans: A Comprehensive Guide appeared first on Kagay An......»»

Category: newsSource:  kagay_anRelated NewsMar 20th, 2024

New road to Cebu Business Park, creek rehab eyed

New road to Cebu Business Park, creek rehab eyed.....»»

Category: sportsSource:  abscbnRelated NewsFeb 10th, 2024

Bank loans used as RRR compliance hit P6.4 billion

Mid-sized and small banks have extended around P6.4 billion loans to micro, small and medium enterprises (MSMEs) as well as large companies, and booked these loans in compliance with their reserve requirement ratios, according to the Bangko Sentral ng Pilipinas......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

67.5-km subway system proposed for Cebu

67.5-km subway system proposed for Cebu.....»»

Category: newsSource:  sunstarRelated NewsMar 1st, 2024

Subway sponsoring war - Ukraine

The US fast-food giant has provoked Kiev's ire for continuing operations in Russia   The US-based multinational fast-food franchise Subway has been added to Kiev's list of "international sponsors of war" for continuing to operate and pay taxes in Russia, Ukraine's National Corruption Prevention Agency (.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 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

FAST FACTS: What’s the Metro Manila Subway?

Once fully operational in 2029, the subway will stretch from Valenzuela to Parañaque, with a branch line to NAIA Terminal 3.....»»

Category: newsSource:  rapplerRelated NewsMar 7th, 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

Road reopens - Salisbury Road, Richmond

Salisbury Road in Richmond has reopened, after a fallen tree blocking the road was removed.Police thanks motorists for their patience while work was under way to clear the road.ENDS  Issued by Police Media Centre.  Source: NZ Police.....»»

Category: newsSource:  philippinetimesRelated NewsJan 15th, 2024

Horohoro Road (State Highway 30) blocked by serious crash

Emergency services are responding to a serious crash on Horohoro Road (State Highway 30).The crash, involving two cars, was reported to Police at 6.50am.Two people are reported to have serious injuries.The road between Nicholson Road and Whirinaki Valley Road is currently blocked by the crash and motorists are asked to avoid the area.  ENDSIssued by Police Media Centre......»»

Category: newsSource:  philippinetimesRelated NewsMar 11th, 2024

Serious Crash, Tomoana Road, Hastings

Police are responding to a serious crash involving a vehicle on Tomoana Road, Hastings, reported around 12:20pm.One person has been transported to hospital in a serious condition.The Serious Crash Unit has been advised.The road is closed at the intersections of Tomoana Road/Williams Street and Tomoana Road/Nelson Street, diversions are in place.Motorists are advised to follow the diversions......»»

Category: newsSource:  philippinetimesRelated NewsJan 23rd, 2024

Metro Manila Subway project now 40% complete, says DOTr

The Philippines' first-ever underground mass transport system is almost halfway through completion after it recorded an overall project implementation progress rate at 40% as of January 2024......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 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