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LTG venture bags P208-B Sangley deal

With no challengers, Chinese state-owned China Communications Construction Company Ltd. (CCCC) and Lucio Tan group-led MacroAsia Corp. are set to transform the former Air Force base in Sangley Point, Cavite into an international gateway to decongest Manila’s Ninoy Aquino International Airport (NAIA). MacroAsia told the Philippine Stock Exchange (PSE) on Friday it received by e-mail […] The post LTG venture bags P208-B Sangley deal appeared first on Daily Tribune......»»

Category: newsSource: tribune tribuneFeb 14th, 2020

Sangley airport contractors get 90-day extension to finalize deal

Documents required from MacroAsia and its partner, China Communication Construction Co. Ltd. (CCCC), are necessary to seal the award of the project and proceed with actual construction......»»

Category: financeSource:  philstarRelated NewsSep 24th, 2020

Megawide, 2 Korean firms win Malolos-Clark rail deal

The joint venture of Megawide Construction Corp. and Hyundai Engineering & Construction Co. Ltd. and Dong-ah Geological Engineering Company Ltd. of Korea bagged the P28-billion contract from the Department of Transportation to build the Malolos-Clark Railway Project Package 1......»»

Category: financeSource:  thestandardRelated NewsSep 22nd, 2020

Removing Sangley naval base will leave Manila defenseless

Removing the naval base in Sangley, Cavite, for an international airport will leave Manila defenseless. Bay reclamation for runways will spur disastrous floods. Historic landmarks will be demolished. Thus the Philippine Navy opposes dislocation of its principal base by a purely commercial venture......»»

Category: newsSource:  philstarRelated NewsSep 4th, 2020

Agri groups seek scrapping of & lsquo;overpriced& rsquo; fertilizer deal

An umbrella network of agriculture stakeholders has called for the scrapping of the supply contract awarded to La Filipina Uy Gongco after it failed to fulfill its obligation to deliver 911,073 bags of urea fertilizer in Central Luzon by the end of June......»»

Category: newsSource:  thestandardRelated NewsJun 30th, 2020

Out of the Woods: Tiger emerges for TV match with Lefty, QBs

By DOUG FERGUSON AP Golf Writer The purpose is to raise $10 million or more for COVID-19 relief efforts, and provide entertainment with four of the biggest stars from the PGA Tour and NFL. Another appeal to the Sunday made-for-TV exhibition, “The Match: Champions for Charity,” is a chance to see Tiger Woods swing a golf club for the first time in 98 days. Live golf is on television for the second straight Sunday, this one with the game's biggest headliner. Woods was last seen on television Feb. 16 at the Genesis Invitational, where he moved cautiously in California's chilly late winter weather and posted weekend rounds of 76-77 to finish last among the 68 players who made the cut at Riviera. He skipped a World Golf Championship in Mexico City, and said his surgically repaired back wasn't quite ready in sitting out the opening three weeks of the Florida swing. And then the pandemic took over, and there has been no place to play. This is a reasonable start. Woods and retired NFL quarterback Peyton Manning will face Phil Mickelson and Tom Brady, who won six Super Bowls with the New England Patriots and signed this year with Tampa Bay. The match will be at Medalist Golf Club in Hobe Sound, Florida. It is Woods' home course and about 20 minutes from Seminole, where last week Rory McIlroy, Dustin Johnson, Rickie Fowler and Matthew Wolff ushered golf's return to live television. What to make of Woods? His only interviews were with GolfTV, the Discovery-owned channel with whom Woods has a financial deal, and a playful Zoom call with the other match participants hosted by Ernie Johnson of Turner Sports, which is televising the match. He described his health in the April 9 interview with GolfTV as “night and day.” “I feel a lot better than I did then,” Woods said. “I've been able to turn a negative into a positive and been able to train a lot and get my body to where I think it should be.” Mickelson has missed the cut in four of his five tournaments this year — the exception was third place at Pebble Beach, where he started the final round one shot behind Nick Taylor and closed with a 75. Just like last week, rust is to be expected for players who haven't competed in two months — three, in the case of Woods. Manning, meanwhile, is retired and is a golf junkie. Brady remains employed, and this week got in some informal work with his new teammates in Tampa Bay. No fans will be allowed, just like last week at Seminole. One difference is the players will be in their own carts, whereas the four PGA Tour players last week carried their bags. But this is as much about entertainment as competition. It's the second edition of a match between Woods and Mickelson, the dominant players of their generation and rivals by name, but not necessarily by record. Woods has 82 career victories to 44 for Mickelson, leads 15-5 in major championships and 11-0 in winning PGA Tour player of the year. Mickelson won their first made-for-TV match over Thanksgiving weekend in 2018, a pay-per-view event that ran into technical problems and was free for all. Lefty won in a playoff under the lights for $9 million in a winner-take-all match. He also has a 5-3-1 advantage over Woods in the nine times they have played in the final round on the PGA Tour, most recently in the AT&T Pebble Beach Pro-Am in 2012 when Mickelson shot 64 to a 75 for Woods. He also stopped two streaks. Woods was going for his seventh straight PGA Tour victory when Mickelson beat him at Torrey Pines in 2000. Later that year, Woods had won 19 consecutive times on the PGA Tour when he had at least a share of the 54-hole lead until Mickelson beat him at the Tour Championship. Woods, however, captured the streak that mattered, holding off Mickelson in the final group at the Masters in 2001 to hold all four professional majors at the same time. The banter was lacking in Las Vegas, and perhaps having Manning and Brady will change the dynamics. The broadcast includes Charles Barkley providing commentary and Justin Thomas, whom Woods has embraced, on the course as a reporter in his television debut. After this exhibition, golf has two weeks before the PGA Tour is set to return at Colonial in Fort Worth, Texas. Mickelson plans to play. Woods has not said when he will return......»»

Category: sportsSource:  abscbnRelated NewsMay 24th, 2020

Soul Surfer Bethany Hamilton shares her incredible story on Rich Franklin s Franklin Speaking podcast

Bethany Hamilton’s inspiring story has captured the imagination of millions who have been moved by her unbreakable spirit in the face of adversity.   The American surfer inspired people across the globe when she returned to the sport she loved, despite the loss of her left arm in a shark attack. Her following has continued to grow because of her subsequent success, and recently, her 2019 documentary, Unstoppable, which is currently streaming on Netflix.  Rich Franklin is also no stranger to adversity. He battled for acceptance and success to become recognized as the best middleweight mixed martial artist in the world as UFC Champion, before becoming Vice President of the world’s largest martial arts organization, ONE Championship.  The hall-of-fame athlete has also encountered many fascinating characters during his career, particularly as the host of Rich Franklin’s ONE Warrior Series, and his new video podcast, Franklin Speaking, which takes the audience on a deep dive as he and co-host Jonathan Fong discover their guests’ stories.   Bethany is among the most colorful and inspiring characters Rich has met. After she first got on a board aged 8, she was a precocious talent in the surfing world who gained her first sponsor just a year later. However, aged 13, a shark took her arm when she was out surfing with a friend.  Losing a limb, particularly at such a young age, would have made most ordinary people give up on their dreams of surfing entirely. But despite such a traumatic ordeal, Bethany was back among the waves just a month later and went on to win competitions all over the world.  She also appeared everywhere from Oprah to Ellen and wowed viewers with her exceptional strength of will. Soon, Bethany evolved from being seen as an unfortunate victim into an inspirational role model.    At times, however, being in the limelight comes at a cost. Having made the transformation from the world of education to mixed martial arts, Rich can relate to the prospect of having to adjust to a sudden wave of attention, and asked about that on the show.  “How did you manage? Especially at that age, because I had trouble with this. I used to be a high school teacher and, what seemed like overnight, my life turned into something where people were standing in line for autographs. How did you manage this at the age of 13?”  Bethany’s responses offered a glimpse into just how difficult it was for her to deal will so much attention at such a tender age.  “It took me a long time to get to a place where I was more accepting of it. The only thing that kept me sane was having good friends and surfing. I think over time, I just saw the beauty in storytelling, and sharing my life was really impactful, and I saw the value of that. I wanted to let that be a part of my life.”  The 30-year-old is certainly no stranger to big challenges. There was one, in particular, which left Rich in awe as he quizzed her about surfing ‘Jaws’ in Maui, which is home to some of the biggest waves in the world.  ‘’The wave could literally take out a house. It’s just so enormous and powerful with the type of waves that are death-defying. I’ve always had a drive for bigger surf, even when I was younger. I was always chasing bigger waves than my peers.”  Bethany, now a mother of two, is a multiple award-winner, has had a film and numerous documentaries made about her inspirational life story, and has published eight books. Her latest venture is an online course entitled Unstoppable Year, which she broke down to Rich and Jonathan.   “I’m taking all of the things I’ve learned along the way or the things I’ve done that have empowered me to overcome and kind of live a somewhat unstoppable life. I’m not perfect, but kind of carrying on life with that unstoppable feeling and knowing that we can overcome when tough stuff comes our way, we can be a blessing to others. We can live thoughtfully and we can change our mindset from negative to positive. Every little choice we make can have a huge impact on our future. We’re packaging that into something really rad and life-changing for people. It really is changing people’s lives, so it’s super fun to be a part of.”  The way Bethany tackles conquering adversity and crushing extraordinary challenges impressed Rich, and their chat offered a fascinating look at how far a strong mindset can get you.  Though she was one of the first guests on the show, her story has set a high bar for what’s to come in the future.  .....»»

Category: sportsSource:  abscbnRelated NewsMay 19th, 2020

Bread maker and Fruitas expand joint venture deal

Fruitas Holdings Inc., a leading food and beverage kiosk operator, expanded its partnership with Pan de Manila by offering Fruitas fresh fruit juices......»»

Category: financeSource:  thestandardRelated NewsApr 13th, 2020

40 years later, vote to skip Moscow Games still horrible

By EDDIE PELLS AP National Writer DENVER (AP) — By the time the news filtered to him, Edwin Moses had already left a promising engineering job to focus on a full-time career on the track. He was lucky. He already had an Olympic gold medal hanging on his wall. Hundreds of other American athletes would never get their chance. They were part of the 1980 U.S. Olympic team — the team that never made it to the Moscow Games after President Jimmy Carter spearheaded a now-infamous first-of-its-kind decision to boycott the Olympics. The full board of the U.S. Olympic Committee rubber-stamped Carter's decision 40 years ago Sunday — April 12, 1980. “I'd walked away from my career to get ready for the 1980 Olympics, and all was moot,” Moses told The Associated Press by phone. “So, it was horrible. For me, and for everyone.” Moses said by the time the USOC's unwieldy delegation of nearly 2,400 people met at the Antlers Hotel in Colorado Springs, Colorado, on a Saturday morning in April, with Vice President Walter Mondale in attendance, it was all but a done deal that the U.S. team would not be traveling to Moscow. Carter had begun the push in late 1979, with the Soviet Union pressing a military campaign into Afghanistan. In his 2010 memoir, Carter called it “one of my most difficult decisions.” Maybe more telling, as former USOC spokesman Mike Moran wrote in a recap of the events leading to the boycott, was an exchange the late 1984 Olympic champion wrestler Jeff Blatnick had with Carter on a plane many years later. “I go, ‘President Carter, I have met you before, I am an Olympian,'” Moran said in his retelling of Blatnick's story. “He looks at me and says, ‘Were you on the 1980 hockey team?’ I say, ‘No sir, I’m a wrestler, on the summer team.’ He says, ‘Oh, that was a bad decision, I’m sorry.’” Forty years later, there is virtually no debate about that conclusion. And the lingering irony of this year's games postponed by a year because of the coronavirus pandemic isn't lost on Moses. “As an athlete, you lose one of your cat's nine lives,” he said. There will be a handful of could've-been 2020 Olympians who will not make it to 2021, because of age, injury or a changed qualifying procedure. Of the 466 U.S. athletes who had qualified for Moscow in 1980, 219 would never get to another Olympics, Moran wrote. Most of those who did would compete in 1984 against a less-than-full field. The Soviets and a number of Eastern Bloc countries boycotted the Los Angeles Games in a tit-for-tat retribution to the U.S. move four years earlier. Moses romped to a victory at the LA Coliseum in 1984, and he almost certainly would've won had the Soviets been there, too. He was the world-record holder and in the middle of a string of 107 straight victories in finals at 400 meters. If there was any silver lining to the 1980 boycott, Moses believes it was the recalibration of the Olympic model. During the years of the Moscow and Los Angeles boycotts and massive red ink from Montreal in 1976, the forces that had compelled Moses to quit his job — a profession unrelated to track and field — to retain his amateur status as an Olympian were exposed as unfair and unrealistic. The 1984 Games marked the beginning of the Olympics as a money-making venture and the beginning of the end of the strict rules regarding amateurism that put many Americans at a distinct disadvantage. All good for those who were able to take advantage of it. Many from that 1980 team, however, saw their Olympic careers shuttered without ever competing on the biggest stage. “Nothing was ever done to celebrate the team, and a lot of those members aren't around anymore,” Moses said. “We made the ultimate sacrifice in a sports world that no one was asked to do — and it was completely involuntary.”.....»»

Category: sportsSource:  abscbnRelated NewsApr 12th, 2020

Sangley Point project highlights Chinese threat to national security

The increasing number of Philippine offshore gaming operators and the questionable selection of state-run China Communications Construction Co. as joint venture partner in the Sangley Point International Airport project continue to raise concerns about the administration’s China pivot and its corresponding national security risks......»»

Category: financeSource:  thestandardRelated NewsFeb 11th, 2020

‘No plan to sell Batangas property in onerous deal’

The government is not planning to sell the 120-hectare property involved in the onerous Chevron-National Development Co. deal but is considering leasing the property on a longer term or to participate in a joint venture project, Department of Trade and Industry Secretary Ramon Lopez said......»»

Category: financeSource:  philstarRelated NewsJan 31st, 2020

LRT deal next for review

The demand for accountability for the oligarchs, as required by President Rodrigo Duterte, will cover all industries as he bared on Friday a government review of the state-run Light Rail Transit Authority’s (LRTA) existing contract with the Light Rail Manila Consortium (LRMC) that is a joint venture of companies associated with magnates Fernando Zobel de […] The post LRT deal next for review appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsJan 19th, 2020

DITO signs deal to connect towns

DITO Telecommunity Corp., a joint venture of businessman Dennis Uy and China Telecom, signed an agreement with the League of Municipalities to provide a dedicated nationwide fiber network to directly connect the different towns across the country......»»

Category: financeSource:  thestandardRelated NewsJan 13th, 2020

More questions on BCDA deal

As a follow-up on my Thursday column on the “Questions on BCDA (Bases Conversion and Development Authority) deal with MTD Capital Berhad of Malaysia” as I go over the alleged Joint Venture Agreement (JVA), there are some more questions in connection with this deal that bothers me......»»

Category: newsSource:  thestandardRelated NewsDec 7th, 2019

BCDA defends Clark deal with MTD Capital

The Bases Conversion and Development Authority on Monday said its joint venture agreement with MTD Capital Berhad for the development of New Clark City Phase 1A, which includes the sports facilities being used in the SEA Games, was implemented in the “most transparent” and “aboveboard” way possible......»»

Category: financeSource:  thestandardRelated NewsDec 2nd, 2019

Araneta, Sta. Lucia Land sign joint venture deal to expand Bulacan project

Araneta Properties Inc. announced Friday it signed a joint venture deal with Sta. Lucia Land to expand the 230-hectare Colinas Verdes project in San Jose Del Monte, Bulacan......»»

Category: financeSource:  philstarRelated NewsNov 29th, 2019

BCDA defends joint venture for SEA Games sports facilities

Part 1:  BCDA, Malaysian firm ink questionable P11-billion SEA Games deal Part 2:  OGCC flagged non-bidding of BCDA's New Clark sports facilities MANILA, Philippines (UPDATED) – The Bases Conversion and Development Authority (BCDA) insisted on Friday, November 22, that the joint venture agreement (JVA) with Malaysian firm MTD Capital Berhad for the sports facilities to ........»»

Category: newsSource:  rapplerRelated NewsNov 22nd, 2019

JFC enters JV to operate Tim Ho Wan in China

Homegrown food giant Jollibee Foods Corp. (JFC) is forming a joint venture with Singaporean firm Dim Sum Pte. Ltd. (DSPL) to invest up to $13 million for the franchise of dim sum restaurant chain Tim Ho Wan in the People’s Republic in China. Listed JFC said the deal will be executed between JFC’s wholly-owned unit […] The post JFC enters JV to operate Tim Ho Wan in China appeared first on Daily Tribune......»»

Category: newsSource:  tribuneRelated NewsNov 14th, 2019

PH Infradev bags $332M for Makati subway project

LISTED Philippine Infradev Holdings Inc., the proponent of the Makati Subway project, has secured $332 million from Chinese firms to help finance the $3.7-billion mass transportation system. In a disclosure, the company said on Tuesday it has inked a deal with Hui Gao Investments Development Ltd., where the latter would provide a $102-million equity investment […].....»»

Category: newsSource:  manilatimes_netRelated NewsOct 30th, 2019

Philippines Duterte says Xi offering gas deal if arbitration case ignored

Philippine President Rodrigo Duterte said his Chinese counterpart has offered Manila a controlling stake in a joint energy venture in the South China Sea, if it sets aside an international arbitral aw.....»»

Category: newsSource:  manilanewsRelated NewsSep 11th, 2019

MPIC unit bags Dumaguete deal

MPIC unit bags Dumaguete deal.....»»

Category: newsSource:  bworldonlineRelated NewsSep 5th, 2019