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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

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

Citicore Energy REIT declares robust Q4 dividend

Citicore Energy REIT, the subsidiary of Citicore Renewable Energy Corp. and the REIT arm of the Megawide [MWIDE 3.08 unch] group of companies, declared a Q4/23 dividend of P0.054/share, payable on May 15 to shareholders of record as of April 18......»»

Category: financeSource:  philstarRelated NewsMar 20th, 2024

Megawide unit mulls going public in 2025

Real estate firm PH1 World Developers Inc. is considering an initial public offering as early as 2025......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

NAIA, Palawan sapol ng `danger’ level sa init

Ayon sa Pagasa, ang temperatura na aabot sa 42 hanggang 51 degrees Celsius ay nasa ilalim ng kategoryang “danger” ng mga heat index. The post NAIA, Palawan sapol ng `danger’ level sa init first appeared on Abante......»»

Category: newsSource:  abanteRelated NewsMar 31st, 2024

MIAA to remove gang chairs at NAIA-3 arrival lobby

The Manila International Airport Authority is scheduled to remove all the gang chairs at the arrival lobby of the Ninoy Aquino International Airport Terminal 3 (NAIA-3) after Holy Week, MIAA general manager Eric Ines said yesterday......»»

Category: newsSource:  philstarRelated NewsMar 22nd, 2024

BI nabs fake Interpol agent at NAIA

A female trafficking victim pretending to be an Interpol agent was nabbed by Bureau of Immigration (BI) officers at the departure area of the NAIA Terminal 3. In his report to BI chief Norman Tansingco, immigration protection and border enforcement section (I-PROBES) Bienvenido Castillo III said the 34-year-old victim was intercepted while departing last March […].....»»

Category: newsSource:  inquirerRelated NewsMar 11th, 2024

The best is yet to come

With the situation turning from bad to worse at the Ninoy Aquino International Airport (NAIA), it’s not surprising that there is growing anticipation for the takeover by the San Miguel Corp. (SMC) group of NAIA’s rehabilitation and operation......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

BDO readies SMC financial war chest for NAIA

The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Grounded C-130 plane stalls flights at NAIA

Some flights at the Ninoy Aquino International Airport were delayed yesterday after a C-130 plane of the Philippine Air Force was stalled at the NAIA’s Taxiway Charlie 6......»»

Category: newsSource:  philstarRelated NewsFeb 23rd, 2024

Naia rehab: SMC-led consortium bags P170-B project

As early as next year, passengers using Ninoy Aquino International Airport (Naia) could expect improved management of the congested international gateway as a consortium led by San Miguel Corp. (SMC) takes over its operations and maintenance, according to the Department of Transportation (DOTr). The DOTr announced on Friday that the solicited bidding for the highly.....»»

Category: newsSource:  inquirerRelated NewsFeb 18th, 2024

First Bulacan, now NAIA: San Miguel-led group will operate Philippines’ main airport

(1st UPDATE) Ramon Ang first reached for the skies in 2020 when he snapped up the franchise for an international airport in Bulacan. Now, San Miguel and its partners have bagged an even bigger prize in NAIA......»»

Category: newsSource:  rapplerRelated NewsFeb 16th, 2024

Negros Oriental’s most wanted falls at NAIA

Negros Oriental’s most wanted falls at NAIA.....»»

Category: newsSource:  sunstarRelated NewsFeb 9th, 2024

BCDA, MIAA still negotiating for NAIA Terminal 3 property

State-run Bases Conversion and Development Authority said it is still negotiating with the Manila International Airport Authority on whether the latter will lease or buy the property where the current NAIA Terminal 3 facilities and runway are located......»»

Category: financeSource:  philstarRelated NewsJan 21st, 2024

BI bars entry of three American sex offenders at NAIA and Cebu airports

Bureau of Immigration (BI) Commissioner Norman Tansingco said that three sex offenders were turned away by BI officers in the international airports of Manila and Cebu. Excluded last January 10 at the Ninoy Aquino International Airport (NAIA) terminal 1 was American national Rolando Camama, 73, who arrived on board a China Airlines flight from Taipei. […].....»»

Category: newsSource:  journalRelated NewsJan 14th, 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

Romualdez inspects OFW lounge to ensure convenience

HOUSE Speaker Ferdinand Martin Romualdez personally checked on the condition of the Overseas Filipino Worker (OFW) Lounge at the NAIA Terminal 1 to ensure that once opened for the OFWs, it will offer to them the kind of amenities and convenience that paying air passengers enjoy. Romualdez said the use of the new lounge will […].....»»

Category: newsSource:  journalRelated NewsJan 14th, 2024

CDC, Landbank offer online payment option for Clark firms

CDC, Landbank offer online payment option for Clark firms.....»»

Category: newsSource:  sunstarRelated NewsApr 24th, 2024

SMC eyes P20 billion fixed bond offer

Diversified conglomerate San Miguel Corp. targets to offer in June fixed-rate bonds in a bid to raise P20 billion......»»

Category: financeSource:  philstarRelated NewsApr 24th, 2024

Police to offer free rides in case of transport strike next week

CEBU CITY, Philippines – In the event of a transport strike next week, the different police units in Central Visayas will deploy some of their vehicles to offer free rides to the public. Police Lieutenant Colonel Gerard Ace Pelare, spokesperson of the Police Regional Office Central Visayas (PRO-7), however warned that they will only be.....»»

Category: newsSource:  inquirerRelated NewsApr 14th, 2024