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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......»»
Bloomberry ends dispute with GGAM
Subsidiaries of Enrique Razon’s Bloomberry Resorts Corp. have ended their decade-long dispute with casino management firm Global Gaming Philippines LLC, reaching a universal settlement which includes a $300 million special block sale......»»
Bloomberry posts FY23 profit of P9.5-B (UP 85%)
Bloomberry, the gaming arm of Enrique Razon’s diversified empire, posted a FY23 consolidated net income of P9.5 billion, up 85% over its FY22 net income of P5.1 billion......»»
Bloomberry open to selling Korean casino resort interests
Bloomberry [BLOOM 11.22 ?3.4%] [link] issued a clarification to a Biz Buzz article to say that it is “open to the possibility of selling its interest in Jeju Sun Hotel and Casino”, but that there is “no imminent deal with respect to [its] sale”......»»
Cruise ship with European tourists docks at Subic
The arrival here last week of a cruise ship with European tourists on board was expected to revive the local cruise ship program that was interrupted by the COVID pandemic three years ago......»»
‘Serenade of the Seas’ arrival restarts Subic cruise tourism program
The arrival here of GTS Serenade of the Seas, a 12-decker cruise liner operated by Royal Caribbean International, is expected to resurrect Subic’s cruise tourism program, which had gained momentum before being halted by the COVID-19 pandemic three years ago......»»
Government readies for surge in cruise tourism
The Philippines expects to welcome at least 300,000 travelers from cruise ships this year – more than triple from 2023 – as the government prepares for their entry by building dedicated terminals in tourist sites......»»
Human ashes, drink container to moon? Plans to do this spark legal debate
WASHINGTON — An array of unconventional, privately funded plans to exploit the moon, including as a site for human ashes and sports-drink containers, has gathered steam in recent years as NASA pushes to make Earth’s natural satellite more accessible. Concerns about possible gaps in U.S. oversight and legal questions about proper use of the moon.....»»
Build ‘turtle ships’ to resupply Ayungin
Our engineers must build “turtle ships.” Such ships would fend off Chinese ramming, laser gunning and water cannoning in our seas......»»
IJM proposes steps amid Marcos’ directive to combat online child exploitation
IJM proposes steps amid Marcos’ directive to combat online child exploitation.....»»
Lawmaker proposes discounted fuel sales for public transport sector
Lawmaker proposes discounted fuel sales for public transport sector.....»»
Cebu City councilor proposes single pole policy
Cebu City councilor proposes single pole policy.....»»
Executive dep’t proposes additional budget of P963M
Executive dep’t proposes additional budget of P963M.....»»
Himamaylan proposes socialized housing collaboration with NHMFC
Himamaylan proposes socialized housing collaboration with NHMFC.....»»
201 vessels to join Fluvial Procession for Fiesta Señor 2024
CEBU CITY, Philippines – From small boats to yachts, hundreds of vessels will be joining the upcoming Fluvial Procession, one of the highlights of the Fiesta Señor celebration, this January 20. At least 201 marine vessels have registered for the Fluvial Procession of the 459th Fiesta Señor, the Philippine Coast Guard in Central Visayas (PCG-7).....»»
Batanes seaport to be funded by US
A plan is underway to construct a United States-funded civilian port in Batanes, chosen for its strategic significance and proximity to Taiwan......»»
DENR mobilizing $278 million foreign-funded projects
The Department of Environment and Natural Resources is mobilizing over $278 million worth of foreign-funded projects this year for biodiversity, climate change and environment programs to strengthen environmental resiliency and sustainability in local government units......»»
Razon unit strengthens exposure in water infrastructure
The Razon Group’s joint venture with a privately owned Australian construction company plans to beef up its presence in the water infrastructure space to support its growth in the coming years......»»
Xinhua world economic news summary at 1100 GMT, April 19
CAIRO -- The Egyptian cabinet approved on Thursday the establishment of a special free zone to manufacture, maintain, and export marine yachts to meet standards on par with those of Europe and other international counterparts, according to a government statement. The special free zone, named the Suez Canal Company for Modern Boats, will span 51,150 square meters south of Safaga town along the Red Sea coast, more.....»»
Filipino cruise worker arrested in Florida for planting spy cameras in bathroom
A 34-year-old Filipino cruise ship worker accused of hiding cameras to spy on guests was arrested at Port Everglades in Fort Lauderdale Florida over the weekend. According to federal documents, Arvin Joseph Mirasol, a stateroom attendant in Royal Caribbean’s Symphony of the Seas has been planting hidden cameras in a bathroom and targeting the guests,.....»»