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Aboitiz Equity Ventures closed transaction to acquire 40% interest in Coca-Cola PH
The takeover of Coca-Cola Beverages Philippines Inc. by Aboitiz Equity Ventures and Coca-Cola Europacific Partners has closed upon completion of “all conditions precedent” to the transaction......»»
Parañaque’s P4 billion satellite office nears completion
The construction of a 15-story satellite office of the Parañaque City government, located in Entertainment City along Coastal Road, is 70 percent complete, Mayor Eric Olivarez announced yesterday......»»
Completion of land distribution eyed
PRESIDENT Ferdinand “Bongbong” Marcos Jr. aims to distribute additional land titles to eligible farmers before the end of his administration, emphasizing the importance of prioritizing the welfare of Filipino farmers......»»
Court order stalls Central Luzon power line works
The completion of a critical power transmission line in Central Luzon has been stalled following a temporary restraining order issued by the Supreme Court......»»
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......»»
NGCP holds ceremonial switch-on for P51 billion Mindanao-Visayas Interconnection
The completion of the 450-megawatt Mindanao-Visayas Interconnection Project of the National Grid Corp. of the Philippines will unlock enormous socio-economic opportunities in the two regions, President Marcos said yesterday......»»
Century Properties expands residences
Century Properties Group has expanded its residential footprint with the recent completion of the first block of NULIV Townvillas at Acqua......»»
AboitizPower’s TVI logs 77% completion in 10-year carbon sink goal
Aboitiz Power Corporation subsidiary Therma Visayas Inc. (TVI) marked the seventh year of its Carbon Sink Management Program with 770,000 trees planted en route to achieving a 10-year one million trees target through 2027......»»
MB roster a mix of ‘hawks and doves’ – ING
Dutch financial giant ING said the policy-making body of the Bangko Sentral ng Pilipinas is divided when it comes to the country’s monetary stance with the completion of the seven-member roster......»»
Aboitiz-led Apo Agua starts supplying water to Davao City
DAVAO CITY (MindaNews / 10 January)—Consumers here can expect better supply as the P12-billion Davao City Bulk Water Supply Project (DCBWSP) of the Aboitiz-led Apo Agua Infrastructura Inc. has commenced operations on December 1, 2023, three years after the completion target. In a joint statement released by the Davao City Water District (DCWD) and Apo […].....»»
SPNEC confirms 2026 as the completion target for Phase 1 of Terra Solar Project
SP New Energy confirmed, in response to a PSE query, that it plans to complete the 3.5 GW Terra Solar Project in two phases......»»
As expected, Bossong wins gold in 800 meters
Fil-Am sensation Victoria Bossong showed promise as she ruled the event she was expected to dominate – the women’s 800 meters – yesterday in the ICTSI Philippine Athletics Championships at the PhilSports oval......»»
Big-time oil price cut expected on May 14
Another big-time oil price rollback is expected during the second week of May......»»
Aparri, Cagayan heat index expected to hit 48°C
MANILA, Philippines — Aparri in Cagayan is expected to hit the highest heat index on Sunday at 48 degrees Celsius (°C), according to the Philippine Atmospheric, Geophysical, and Astronomical Services Administration (Pagasa). Based on Pagasa’s forecast, Dagupan City in Pangasinan might also experience extreme heat at 47°C, followed by Virac in Catanduanes at 45°C. Apart.....»»
Dangerous heat index expected in 30 areas nationwide, including NCR
State weather bureau PAGASA reported that the heat index in 30 areas across the country, including parts of Metro Manila, is expected to soar to dangerous levels on Saturday......»»
Big-time oil price rollback expected on May 7
A big-time oil price rollback is expected on the first week of May......»»
Fuel price rollback expected on Tuesday
Fuel price rollback expected on Tuesday.....»»
Gabii sa Kabilin set to return on May 10; 10K people expected to join heritage tour
Gabii sa Kabilin set to return on May 10; 10K people expected to join heritage tour.....»»
Dangerous heat index expected in 19 areas on Saturday
State weather bureau PAGASA warned that the heat index in 19 areas across the country is expected to reach dangerous levels on Saturday......»»
Drug supply in Visayas to decline after P9.68B ‘shabu’ haul in Batangas
CEBU CITY, Philippines – The drug supply in Visayas region is expected to drop dramatically following the seizure of P9.68 billion worth of shabu in a Batangas port. The Philippine Drug Enforcement Agency in Central Visayas (PDEA-7) said it is anticipating the decline since the seized contraband is expected to be distributed to the southern.....»»