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Working together

The bidding for the right to rehabilitate and manage NAIA had been furiously contested. Up to the last moment, there were attempts to undermine the awarding to frontrunner San Miguel......»»

Category: financeSource:  philstarRelated NewsFeb 27th, 2024

A glance at government s windfall from SMC’s NAIA takeover

The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024

NAIA 4th worst in Asia, Middle East for business travel

The Ninoy Aquino International Airport has been named as the fourth worst gateway in Asia and the Middle East by business class travelers, trailing its Southeast Asian counterparts that were adjudged as some of the best in the continent......»»

Category: newsSource:  philstarRelated NewsFeb 24th, 2024

Department of Agriculture chief defends holding 400 gamefowls at NAIA

Department of Agriculture Secretary Francisco Tiu Laurel Jr. came to the rescue of the newly appointed officer-in-charge (OIC) of the Bureau of Animal Industry after an importer of 400 gamefowls cried harassment over the decision to prevent the release of the fight roosters......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

2 of 400 gamefowls held at NAIA die

Two of the 400 imported gamefowls being held by the Bureau of Animal Industry at the Ninoy Aquino International Airport have died, according to its consignee......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Notes on the beat: Behind the scenes in the NAIA bidding

It may have been the fastest privatization of a big-ticket government asset, but it certainly was far from being seamless......»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

BAI holds 400 gamefowls at NAIA

The Bureau of Animal Industry prevented the release of at least 400 fighting roosters from the United States at the Ninoy Aquino international Airport as the consignee and breeders accused the BAI of harassment......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

More investors interested in NAIA funding, says Ang

More potential investors, including those who unsuccessfully bid, have expressed interest in participating in the 15-year contract to operate and upgrade the Ninoy Aquino International Airport, the project’s winning proponent said......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Quietly delivering

When Transportation Secretary Jimmy Bautista was still president of Philippine Airlines, I had a long conversation with him about the need to expand and upgrade the facilities at NAIA......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

NAIA project eyed to jumpstart P40 billion Maharlika investments

The Maharlika Investment Corp. is setting its sights on the recently awarded Ninoy Aquino International Airport rehabilitation as one of about 10 projects where it intends to invest the MIC’s P40-billion funding this year......»»

Category: financeSource:  philstarRelated NewsFeb 20th, 2024

Losing NAIA bidders concede, vow to support airport upgrade

The losing bidders for the 15-year contract to rehabilitate the Ninoy Aquino International Airport have committed to support the modernization of the airport, which the Marcos administration awarded to a consortium led by diversified conglomerate San Miguel Corp. Transportation Secretary Jaime Bautista told The STAR over the weekend......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Contract awarded to rehabilitate Philippines main airport

MANILA, Feb. 17 (Xinhua) -- The Philippine government has awarded a contract to a private consortium led by San Miguel Corp.(SMC) to upgrade the country's main international gateway, the Ninoy Aquino International Airport (NAIA). In a statement released on Friday night, National Economic and Development Authority Secretary Arsenio Balisacan lauded the efforts of the Department of Transportation in spearheading t.....»»

Category: sportsSource:  abscbnRelated NewsFeb 18th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Contract awarded to rehabilitate Philippines main airport

MANILA, Feb. 17 (Xinhua) -- The Philippine government has awarded a contract to a private consortium led by San Miguel Corp.(SMC) to upgrade the country's main international gateway, the Ninoy Aquino International Airport (NAIA). In a statement released on Friday night, National Economic and Development Authority Secretary Arsenio Balisacan lauded the efforts of the Department of Transportation in spearheading t.....»»

Category: newsSource:  inquirerRelated NewsFeb 17th, 2024

[Vantage Point] BDO lifts NAIA rehab

Transportation Secretary Jaime Bautista says BDO chairperson Teresita Tan Sy-Coson's generous guarantee has given his department comfort that the winning bidder will not lack the needed wherewithal to pursue the project.....»»

Category: newsSource:  rapplerRelated NewsFeb 17th, 2024

Defining moment

On Friday, the Philippine government announced that it has chosen the consortium that includes San Miguel Holdings Corp. to rehabilitate, operate, optimize and maintain the country’s premier gateway and inarguably one of the world’s worst – the Ninoy Aquino International Airport (NAIA)......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024

San Miguel’s group wins bid for NAIA. What’s next?

Expected improvements, possible fee increases, and other issues that may stand in the way?.....»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

‘Higher NAIA passenger fees loom upon private takeover’

Filipinos should brace for higher passenger service charges of as much as 95 percent at the Ninoy Aquino International Airport when its management goes to the hands of a private group......»»

Category: financeSource:  philstarRelated NewsFeb 15th, 2024

SMC to manage NAIA

Today, the administration of President Ferdinand R. Marcos Jr. will award the management for 15 years of the decrepit main Philippine gateway, the Ninoy Aquino International Airport, to the winner of the bidding conducted last December by the Department of Transportation and Communications under Secretary Jaime Bautista......»»

Category: newsSource:  philstarRelated NewsFeb 14th, 2024

BI denies entry to alleged foreign terrorist in NAIA

Immigration Commissioner Norman Tansingco said that the 31-year-old Belgian National was intercepted at the Ninoy Aquino International Airport on February 7 after being flagged at the Interpol’s derogatory check system......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024