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ADB appoints Mio Oka as country director for India, pledges continued support for development
New Delhi [India], February 6 (ANI): The Asian Development Bank (ADB) has appointed Mio Oka as its new Country Director for India, succeeding Takeo Konishi, who has been elevated to the position of ADB Director General for South Asia at the Manila headquarters. According to ADB, in her new role, Oka will spearhead ADB's operations in India, forging partnerships with the government and other development stakeholders. She w.....»»
Xinhua world economic news summary at 0900 GMT, March 5
KIEV -- Ukraine stands ready to extend gas transit from Russia if there is a request from the European Union (EU) countries, the Interfax-Ukraine news agency reported Monday, citing Ukrainian Prime Minister Denys Shmyhal. "If the European countries act as a consortium or one of the European partners will act as a transit country for their gas -- we are ready to provide such a service," Shmyhal told a press confe.....»»
Comelec grants P18-billion election contract to Korean-led consortium
MANILA, Philippines — The Commission on Elections (Comelec) has approved a nearly P18 billion contract to lease an automated election system for the 2025 midterm polls to a joint venture led by the controversial South Korean company Miru Systems Co. Ltd. Comelec Chair George Garcia announced the decision on Thursday, stating that the poll body unanimously.....»»
Tough task ahead
Finance Secretary Ralph Recto has welcomed the Manila International Airport Authority board’s move to award to the San Miguel Corp-SAC and Co. consortium the contract for the rehabilitation of the Ninoy Aquino International Airport, the largest solicited public-private partnership project under the administration of President Marcos......»»
Globe gets P1.5 billion from tower sale
Wireless giant Globe Telecom has received P1.5 billion from its tower sale with PhilTower Consortium Inc., pumping in additional cash to pay for capital expenditures and maturing debts......»»
CEU gets back at PCU, boosts bid for UCAL semis bonus
Centro Escolar University exacted sweet revenge over Philippine Christian University-Dasmarinas, 62-53, and boosted its bid for a twice-to-beat advantage in the quarters of the Universities and Colleges Athletic League-PG Flex Linoleum Season 6 held Thursday at the Paco Arena in San Juan......»»
BIDDING SET IN JUNE | 11 companies buy bid documents for Capitol s bulk water project
BIDDING SET IN JUNE | 11 companies buy bid documents for Capitol s bulk water project.....»»
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......»»
NEDA welcomes award of NAIA PPP
The award of the contract for the P170.6-billion project to rehabilitate the Ninoy Aquino International Airport highlights the emphasis of the Marcos administration in providing world-class air transportation infrastructure to achieve the government’s economic transformation agenda, according to the National Economic and Development Authority......»»
Biden says Israel agrees to stop Gaza attacks for Ramadan as Hamas mulls draft truce proposal
The draft proposal, which would allow hospitals and bakeries in Gaza to be repaired and 500 aid trucks to enter the battered enclave every day, is the most serious attempt in weeks to end the conflict.....»»
Duterte mulls PI for Mindanao secession
After accusing President Marcos of being behind the people’s initiative signature campaign to change the Constitution, former president Rodrigo Duterte has put forward the idea of Mindanao seceding from the rest of the Philippines......»»
DOTr endorses Philtrak proposal to convert PNR railway into BRT
The Department of Transportation (DOTr) has endorsed to the Public Private Partnership (PPP) Center the proposal of the Philtrak consortium to convert the decommissioned at-grade trackways of the Philippine National Railways (PNR) in Luzon and Panay Railways Inc. (PRI) in the Visayas into a bus rapid transit (BRT) line using hybrid electric road train (HERT) technology developed by the Department of Science and Technology (DOST)......»»
The future NAIA
A world-class Ninoy Aquino International Airport is soon to become a reality following the takeover of the airport by the San Miguel Corp.-led consortium by Sept. 14 this year, according to Transportation Secretary Jaime Bautista......»»
IOB to sell 92 NPA accounts having Rs 13,472 cr loan outstanding
Indian Overseas Bank to e-auction 92 non-performing loans worth Rs 13,471.68 crore. Loans include consortium arrangements, NCLT cases, sole banking ventures. Gross NPA reduced to 3.90% by December 31, 2023......»»
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......»»
Synergy is the secret sauce here.
Because of that, it will be tough for the competition to overcome San Miguel’s bid to rehab and operate the Manila International Airport complex. None of them have the synergies to bid any better......»»
After a failed bid for a Federal Philippines, Duterte now wants an independent Mindanao
DAVAO CITY (MindaNews / 31 January) – After a failed bid to change the 1987 Constitution and shift to a Federal Philippines during his six-year Presidency, former President Rodrigo Duterte now wants an independent Mindanao. It will not be a bloody separation from the Philippines and they would go all the way to the United […].....»»
Toyota mulls rollout of more hybrid EVs
Toyota Motor Philippines Corp. (TMP) is looking to introduce more hybrid electric vehicles in the country following the government’s recent move to include HEVs in the coverage of EVs that can enjoy zero tariffs......»»
Cone mulls shuffling Ginebra starters in Game 5 vs Meralco
Will Tim Cone pull off a Yeng Guiao in the pivotal Game 5 of Barangay Ginebra's PBA Philippine Cup semis series against Meralco?.....»»
Envi group mulls Writ of Kalikasan on Samal-Davao bridge
An environmental coalition is considering legal action on the Samal Island-Davao City Bridge project (SIDC) after seeing little action from the city government on the environmental damages that the project may bring to both Davao and Samal Island......»»