WVSUMC breaks ground for P2.57 billion expansion project
WVSUMC breaks ground for P2.57 billion expansion project.....»»
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......»»
RENEWABLE ENERGY | Citicore breaks ground 69-MW solar plant in Silay City
RENEWABLE ENERGY | Citicore breaks ground 69-MW solar plant in Silay City.....»»
Citicore breaks ground for Negros solar project
Citicore Renewable Energy Corp. has broken ground for a 69-megawatt-peak solar power plant project in Negros Occidental.c.....»»
MGreen unit breaks ground for Nueva Ecija solar plant
Greentech Solar Energy Inc. , a subsidiary of MGreen Renewable Energy Inc., broke ground on an 18.75-megawatt alternating current solar power plant project in Bongabon, Nueva Ecija......»»
Ayala Land breaks ground for Evo City South District, Technohub
Ayala Land Inc. recently broke ground for Evo City’s second commercial lot and first office building developments in Kawit, Cavite......»»
DoubleDragon breaks ground on new Hotel101 in Spain
DoubleDragon, the property developer owned by Injap Sia and Tony Caktiong, announced that it has already broken ground on its 680-room Hotel101-Madrid and signed a contract for the hotel’s construction with Ferrovial Construction......»»
Trealva residential community in Midlands West breaks ground
Midlands West, the newest residential district in Tagaytay Highlands, has broken ground for its first community which integrates eco-centric living in a luxury mountain resort environment......»»
Japan firm starts P2.3 billion Subic expansion
Japanese company Sanyo Denki Philippines, Inc. has started its P2.3-billion expansion project at the Subic Techno Park......»»
Romualdez announces expansion project for Iloilo Esplanade, grandstand
Romualdez announces expansion project for Iloilo Esplanade, grandstand.....»»
Hotel101-Madrid breaks ground
DoubleDragon Corp. has started the development of its Hotel101 project in Spain, which is set to become one of the top five largest hotels in Madrid once completed by late next year......»»
Sanyo Denki opens P2.3-B expansion project in Subic
Sanyo Denki opens P2.3-B expansion project in Subic.....»»
E-motorcyles likely included in review of tax breaks – NEDA
The executive order modifying the tariff rates for electric vehicles will be up for review next week, with the possible inclusion of e-motorcycles in the list of vehicles that benefits from tax breaks......»»
Dole 7 to employers: Give your workers heat breaks
Dole 7 to employers: Give your workers heat breaks.....»»
Djokovic breaks another Federer record
Djokovic breaks another Federer record.....»»
MMDA field personnel to get ‘heat stroke breaks’
Field personnel of the Metropolitan Manila Development Authority will be allowed to go on “heat stroke breaks” from March 15 to May 31, acting MMDA Chairman Romando Artes said yesterday......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
MacroAsia FY23 profit: P1.1-B (up 132%)
MacroAsia posted an FY23 net income of P1.07 billion, up 132% from its FY22 net income of P0.46 billion, lifted by a 74% increase in in-flight catering revenues to P3.98 billion and a 53% increase in ground handling and aviation services to P3.14 billion......»»
Rama backs P246-billion mega project in SRP
CEBU CITY, Philippines – Cebu City Mayor Michael Rama has backed the proposed P246 billion mega project in the South Road Properties (SRP). He stated, “If this aligns with principles of fairness and correctness, why not?” READ: P200B mega project will soon rise in SRP if … Rama also expressed his support for the proposed.....»»
Tax break for 2-wheeled EVs gains ground in Congress
Giving tax breaks for two-wheeled electric vehicles is getting more support from Congress, as a bill aiming for their inclusion in the list of vehicles benefiting from tariff reduction has been filed in the House of Representatives......»»
DBP lends P116 million for swine farm expansion
State-owned Development Bank of the Philippines said it extended a P116-million loan for the expansion of a swine farm project in Nueva Ecija to boost the government’s hog repopulation efforts......»»