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MPIC to pursue buyout of Ayala stake in LRT-1
Metro Pacific Investments Corp. plans to buy out the 35 percent stake of the Ayalas in the operator of Light Rail Transit Line 1 to beef up MPIC’s portfolio for its eventual bid for other railways......»»
lRT-1 Cavite extension 97% complete
The first phase of the Light Rail Transit Line 1 Cavite Extension is 97 percent complete......»»
Metro Pacific exploring purchase of Ayala Corp.’s LRT-1 stake
Back in mid-January, news broke that Ayala Corp. was looking to sell its 35% stake in Light Rail Manila Corp. to the Villar Group, but that AC’s co-investor, Metro Pacific Investments, had the right of first refusal under its shareholders agreement......»»
LRT-2, MRT-3 give free rides to commemorate DOTr s 125th year
The Light Rail Transit Line 2 and Metro Rail Transit Line 3 will be giving commuters free rides on Wednesday during the two line's peak hours......»»
Binay asks DepEd: Resolve issues in 3 ‘embo’ schools
Makati Mayor Abby Binay yesterday appealed to Vice President and Education Secretary Sara Duterte to resolve the issue of management of three public schools in the enlisted men’s barrio or “embo” barangays that are now under Taguig......»»
LRT-2 operator expects higher revenue this year
The Light Rail Transit Authority is tracking a path to higher revenue this year as ridership is expected to rise further......»»
DepEd asks teacher to explain scolding of students in viral video
DepEd has issued a show cause order against a public school teacher who went viral for scolding her students while live-streaming on TikTok — an incident that some believe is an overstep in classroom discipline but educators say is proof of deeper issues in the school system......»»
Ayala Corp. is interested in selling LRT-1 stake to Villar Group
Bilyonaryo is reporting from a source that Ayala Corp. is interested in selling its 35% stake in Light Rail Manila Corp. to Manny Villar, but that Metro Pacific Investments, AC’s co-investor in LRMC, has a right of first refusal......»»
DepEd mourns death of Grade 10 student, asks public to stop sharing rumors
DepEd did not state the cause of death but said that psychosocial interventions have been provided by the school's Child Protection Committee (CPC) to the "affected peers and teachers close to the said learner." .....»»
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......»»
Historically low valuation
The Philippine stock market bloodbath over the past two years saw the PSEi plummet from 7,122.6 on the last trading day of 2021 to 6,566.4 on the last trading day of 2022 for a 7.8 percent annual retreat and slide even further in 2023 to close at 6,450.0 on the last trading day of the year. In terms of valuation, the PSEi’s 2023 year-end 12.9x price-to-earnings (P/E) ratio does not fare well when compared against its past performance in prior years......»»
Pinoy jungolfers fare well in Asian Masters
A 16-strong National Golf Association of the Philippines (NGAP)-backed Philippine contingent, led by Wack Wack Ladies champion Reese Ng, bagged multiple awards in the recent 2024 Asian Junior Masters at the Black Mountain Golf Club in Hua Hin, Thailand......»»
PHL needs to address ‘terrible’ learning crisis – new Ateneo de Davao President
DAVAO CITY (MindaNews / 9 January) – The Philippines is facing a “terrible” learning crisis that must be addressed immediately as the country continues to fare poorly in international-scale assessments, new Ateneo de Davao University (AdDU) President Fr. Karel S. San Juan said. San Juan told reporters during a press conference on Monday that the […].....»»
For ‘Emojination’ hosts Miles and Chamyto, rapport matters a lot at work
Part of every Kapatid’s Sunday entertainment fare is “Emojination,” which features the trio of Maja Salvador, Miles Ocampo, and Chamyto Aguedan. They promise a weekend afternoon full of fun and games......»»
Lagman hopeful Senate leadership change may benefit economic Cha-cha
Latest developments in the Senate could bring about changes in the way the House of Representatives-approved economic Charter change (Cha-cha) bill will fare, which may also be passed by the senators within the year, an independent opposition lawmaker hinted......»»
‘Bubble Gang’ long-time collaborators share gag show’s secrets to success
For more than two decades, “Bubble Gang,” now spelled “BBLGANG,” has become a staple of every Kapuso’s Entertainment fare. It features, among other things, “commercial spoofs, recurring characters, and parodies on politicians,” according to its website, and remains the local tinseltown’s longest-running gag show......»»
Cebu Pacific s 28th anniversary seat sale begins at P199
Cebu Pacific is ringing in its 28th year by offering deals on flights, with prices as low as P199 in one-way base fare. .....»»
How did Liza Soberano fare in her Hollywood debut?
Liza Soberano has aced her first acting job in Hollywood......»»
Addressing the water crisis
The threat of El Niño looms on the horizon, threatening to worsen the already strained water resources of the Philippines. T.....»»
Lady Tamaraws aim higher as Final Four spot looms
The FEU Lady Tamaraws aren’t content with their place as “best of the rest” after they inched closer to a UAAP Season 86 volleyball Final Four spot with their three-set drubbing of the Adamson Lady Falcons to improve to 6-4 in the standings......»»