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NAIA rehab: Consortium led by San Miguel, Incheon Airport outbids everyone

If San Miguel's consortium wins, that would mean the massive conglomerate gains control of both the Ninoy Aquino International Airport and the Bulacan International Airport.....»»

Category: newsSource:  rapplerRelated NewsFeb 8th, 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

NEWS BRIEFS | Misamis Oriental Updates, 31 January 2024

P12.75 billion ok’d for Laguindingan airport expansion The National Economic Development Authority (NEDA) said it approved the expansion of Laguindingan Airport in Misamis Oriental, which has become the most overcrowded airport in the region. NEDA Secretary Arsenio Balisacan approved the “parameters, terms, and conditions of the upgrade of the airport,” Mindanao’s second busiest airport. The […].....»»

Category: newsSource:  mindanewsRelated NewsFeb 4th, 2024

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......»»

Category: newsSource:  philstarRelated NewsFeb 14th, 2024

Franchise Asia Philippines expo returns this April

All is set for Franchise Asia Philippines 2024 Expo, Asia’s biggest franchise show and the country’s most awaited business opportunities event, on April 12 to 14 at the SMX Conve.....»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Senate concurrence needed to revoke SMNI franchise’

The revocation of the legislative franchise of Sonshine Media Network Inc. by the House of Representatives would have to be approved by the Senate first before it can take effect – in accordance with the usual legislative route, lawmakers said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 21st, 2024

Rumors of ABS-CBN’s franchise ‘renewal’ weaponized in Romualdez-SMNI feud

While the majority of posts about ABS-CBN’s supposed comeback did not have a political angle, a few known hyperpartisan vloggers seized upon the rumor of ABS-CBN’s franchise “renewal” to either accuse Romualdez of having a hidden agenda or claim that SMNI played a hand in the non-renewal of ABS-CBN’s franchise......»»

Category: newsSource:  philstarRelated NewsFeb 12th, 2024

SMC launches PHL’s first complete biodiversity offset Site in Bulacan

San Miguel Aerocity, Inc. (SMAI), a subsidiary of San Miguel Corporation (SMC), has inaugurated its Saribuhay sa Dampalit project in Barangay Pamarawan, Malolos, Bulacan. This pioneering initiative marks the launch of the Philippines’ first Biodiversity Offset Program (BOP)  — part of the company’s nature-based solutions to building its New Manila International Airport project (NMAI) in ….....»»

Category: filipinoSource:  hatawtabloidRelated NewsFeb 25th, 2024

Lawmakers welcome back wages for displaced OFWs in Saudi Arabia

The government’s efforts to ensure displaced overseas Filipino workers (OFWs) receive their back pay from bankrupted Saudi Arabian construction companies have been lauded by lawmakers from both the upper and lower chambers......»»

Category: newsSource:  philstarRelated NewsFeb 9th, 2024

Japan flight returns to airport with cockpit window crack; no injuries

TOKYO — An All Nippon Airways domestic flight turned back to Japan’s northern airport of Sapporo after a crack was found on the cockpit window, according to the airline and media reports. ANA Flight 1182 was en route to Toyama airport in central Japan on Saturday but had to return to the New Chitose airport.....»»

Category: newsSource:  inquirerRelated NewsJan 14th, 2024

NEDA’s bid to scrap telcos’ congressional franchise requirement opposed

The head of the 28-member minority bloc in the House of Representatives has opposed a proposal of the National Economic and Development Authority to scrap the legislative franchise requirement for telecommunications companies......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

SMC’s killer bid for NAIA

His rivals in the airport bidding race should have known that tycoon Ramon S. Ang or RSA would go in for the kill. He isn’t afraid to make big bets, especially when it makes sense for San Miguel Corp., the diversified conglomerate that he leads......»»

Category: newsSource:  philstarRelated NewsFeb 10th, 2024

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......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Duterte’s P.S. to Cebu supporters:  support Sara’s bid for the Presidency

DAVAO CITY (MindaNews / 26 February) – After bidding the crowd goodbye during the “candlelight prayer rally”of Hakbang ng Maisug in Cebu City on Sunday evening, former President Rodrigo Duterte made a pitch for his daughter Sara, currently the Vice President, urging them to support her bid for the Presidency in 2028. Duterte did not […].....»»

Category: newsSource:  mindanewsRelated 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

Miguel pasok bilang bagong runner, Ruru ligwak

RATED Rni Rommel Gonzales TAMA ang hula namin na si Miguel Tanfelix ang bagong runner para sa Season 2 ng Running Man Philippines. Nasa South Korea na si Miguel kasama ang original runners na sina Angel Guardian, Buboy Villar, Glaiza De Castro, Kokoy de Santos, Lexi Gonzales, at Mikael Daez. Ipinalabas ang VTR ni Miguel sa Fast talk With Boy Abunda na ….....»»

Category: sportsSource:  abscbnRelated NewsJan 25th, 2024

SMC to start Bulacan airport development in 2025

Diversified conglomerate San Miguel Corp. (SMC) targets to start airport development works at its P740-billion international gateway project in Bulacan next year......»»

Category: newsSource:  philstarRelated NewsMar 15th, 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

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

Pilipinas Super League: San Pedro survives 1Munti; Binañ, San Juan coast to wins

San Pedro, formerly known as Kyusi, appeared to be reinvigorated right after moving its franchise......»»

Category: sportsSource:  philstarRelated NewsFeb 7th, 2024