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MRT-3 concession period seen at shorter 10-15 years

The next operator of the Metro Rail Transit Line 3 could end up with a shorter term of at least 10 years, as its role will be limited to managing the railway as the government pays for the cost of its rehabilitation......»»

Category: financeSource: philstar philstarMar 4th, 2024

MVP ­­wants longer contract period for MRT-3

One of the potential bidders for the privatization of the Metro Rail Transit Line 3 wants the government to award a new concession with a service contract longer than 15 years......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Mga babae libre sa MRT-3, LRT-2 sa pagdiriwang ng ‘Women’s Day’

GOOD news sa mga kababaihan na sumasakay ng tren! Magkakaroon kayo ng libreng sakay sa Metro Rail Transit Line 3 (MRT-3) at Light Rail Transit Line 2 (LRT-2) sa darating na Biyernes, March 8. Ito ay para sa pagdiriwang ng “International Women’s Day.” Ang schedule ng “free rides” ay simula 7:00 a.m. hanggang 9:00 a.m.,.....»»

Category: newsSource:  inquirerRelated NewsMar 7th, 2024

Man brings bullets into MRT-3 station

A man was arrested for allegedly carrying bullets for a .40-caliber handgun into the Metro Rail Transit Line 3 (MRT-3)’s GMA-Kamuning station in Quezon City on Tuesday......»»

Category: newsSource:  philstarRelated NewsFeb 21st, 2024

Czech Republic supports MRT-3 maintenance

Maintenance of the Metro Rail Transit Line 3 (MRT-3) will continue with the support of the Czech Republic, where the firm that supplies its train sets is based, the Department of Transportation said yesterday......»»

Category: newsSource:  philstarRelated NewsFeb 15th, 2024

NAIA sale to pay debts

Amid the excitement over the successful privatization of NAIA’s rehab and operation, Finance Secretary Ralph Recto mused about the future of NAIA beyond the 15-year San Miguel concession period......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

EDITORIAL - Rest period

As extreme heat disrupts onsite classes nationwide, Vice President and Education Secretary Sara Duterte says returning to the old academic calendar cannot be rushed, explaining that teachers and learners need a “rest period” between school years......»»

Category: newsSource:  philstarRelated NewsApr 13th, 2024

BSP seen to cut rates by 100 bps this year

The Bangko Sentral ng Pilipinas is seen slashing interest rates by as much as 100 basis points this year as easing inflation could support the growth of the country’s banking sector in the next two years, Fitch Ratings said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 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

6 nabbed, P16 million shabu seized in several buy-busts in a 24-hour period

6 nabbed, P16 million shabu seized in several buy-busts in a 24-hour period.....»»

Category: newsSource:  sunstarRelated NewsFeb 10th, 2024

BDO shortens second Asean sustainability bond offer period

BDO shortens second Asean sustainability bond offer period.....»»

Category: newsSource:  inquirerRelated NewsJan 17th, 2024

MPTC prefers term extension over toll hike

To recover investments on toll road improvements, Metro Pacific Tollways Corp. is leaning toward getting its concession agreements expanded instead of burdening motorists with rate hikes......»»

Category: financeSource:  philstarRelated NewsApr 25th, 2024

EDSA busway privatization next in DOTr’s to do list

After signing the concession agreement for the Ninoy Aquino International Airport (NAIA), the Department of Transportation (DOTr) is set to embark on the privatization of another big-ticket infrastructure: the busway in the busiest thoroughfare in Metro Manila......»»

Category: financeSource:  philstarRelated NewsApr 1st, 2024

Xinhua Asia-Pacific news summary at 1600 GMT, March 31

JAKARTA -- The authorities of Indonesia's Batam Island officially started on Sunday the operation of direct shipment from Batuampar Port to China's Guangzhou and Shenzhen to boost trade between the two countries. The direct shipping service was initiated by Persero Batam and the Batam Concession Agency in collaboration with SITC International Holdings, a Hong Kong-based shipping logistics company. (Indonesia-Chi.....»»

Category: lifestyleSource:  abscbnRelated NewsApr 1st, 2024

NAIA deal signing set in Malacañang on Monday

Diversified conglomerate San Miguel Corp. will get the blessing of no less than President Marcos in its takeover of the Ninoy Aquino International Airport as the Chief Executive is expected to witness the signing of the concession on Monday......»»

Category: financeSource:  philstarRelated NewsMar 15th, 2024

Free MRT rides for women, all-female House session

Women and girls can enjoy free rides today at the Metro Rail Transit Line 3 and the Light Rail Transit Line 2 in line with the celebration of International Women’s Day......»»

Category: newsSource:  philstarRelated NewsMar 7th, 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

Maynilad pipelines P4 billion for upgrade of 22 pumping stations, reservoirs

Maynilad Water Services will spend about P4 billion to rehabilitate 22 pumping stations and reservoirs to boost the water supply and pressure in the West Zone concession area......»»

Category: financeSource:  philstarRelated NewsFeb 26th, 2024

LRT-2, MRT-3 give free rides to commemorate DOTr s 125th year

The Light Rail Transit Line 2 and Metro Rail Transit Line 3 will be giving commuters free rides on Wednesday during the two line's peak hours......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

MRT-3 to start accepting Mastercard for payments

Filipinos with Mastercard may now use their card to ride the Metro Rail Transit Line 3 without having to line up to buy a single journey ticket......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

Manila Water explores Pangasinan supply deal

The consortium of Manila Water Co. Inc. and its wholly owned subsidiary, Manila Water Philippine Ventures continue to explore water supply partnerships with the Provincial Government of Pangasinan as it looks to revive the recently terminated concession agreement between the two......»»

Category: financeSource:  philstarRelated NewsJan 30th, 2024