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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: philstar philstarMar 22nd, 2024

San Miguel consortium wins P171-B NAIA operations, rehab project

The Department of Transportation announced on Friday that the San Miguel Consortium had been awarded the P170.6-billion contract to operate, maintain and rehabilitate NAIA......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 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

Taguig launches city-wide sale

The local government of Taguig yesterday launched the first-ever city-wide sale in celebration of the city’s 437th founding anniversary......»»

Category: newsSource:  philstarRelated NewsApr 26th, 2024

Discover your glow at Watsons 1-day, 1-price online sale on April 26

Discover your glow at Watsons 1-day, 1-price online sale on April 26.....»»

Category: newsSource:  sunstarRelated NewsApr 25th, 2024

Megaworld completes secondary share sale of 40.65M MREIT shares

Megaworld completes secondary share sale of 40.65M MREIT shares.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Megaworld raises P500 million from sale of MREIT shares

Real estate giant Megaworld Corp. is poised to ramp up its development pipeline with the P500 million proceeds from the sale of its shares in real estate investment trust company MREIT Inc......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

DA: NFA rice sale probe to push through

The investigation into the alleged illegal sale of rice to some traders by the National Food Authority will not be affected despite the dismissal of former Bureau of Fisheries and Aquatic Resources (BFAR) director Demosthenes Escoto, who headed the probe panel......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

NFA ordered to submit documents on P93 million rice sale

Ombudsman Samuel Martires on Thursday went to the National Food Authority main office in Quezon City to personally serve a subpoena that would compel the agency to submit several documents in connection with the alleged anomalous sale of P93.75 million worth of NFA rice to two traders......»»

Category: newsSource:  philstarRelated NewsMar 8th, 2024

‘NFA lost P112 million after rice sale to traders’

The National Food Authority has incurred losses of at least P112 million after the sale of 150,000 bags of rice at only P25 per kilo to some traders, according to a farmers’ group......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

House probe on irregular sale of NFA rice set on March 7

The House agri committee will investigate on Thursday the disadvantageous sale of 75,000 sacks of deteriorating or aging rice by the NFA......»»

Category: newsSource:  philstarRelated NewsMar 6th, 2024

Philippines suspends over 130 officials over rice sale scandal

MANILA, March 4 (Xinhua) -- The Office of the Ombudsman has ordered the preventive suspension of the National Food Authority (NFA) head and 138 other officials and employees for their alleged involvement in a sale of rice buffer stock, Philippine Agriculture Secretary Francisco Tiu Laurel said Monday. Laurel said the order started Monday while an investigation is underway to see if the accusations are true......»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Philippines suspends over 130 officials over rice sale scandal

MANILA, March 4 (Xinhua) -- The Office of the Ombudsman has ordered the preventive suspension of the National Food Authority (NFA) head and 138 other officials and employees for their alleged involvement in a sale of rice buffer stock, Philippine Agriculture Secretary Francisco Tiu Laurel said Monday. Laurel said the order started Monday while an investigation is underway to see if the accusations are true......»»

Category: sportsSource:  abscbnRelated NewsMar 4th, 2024

Ombudsman suspends NFA execs amid cheap rice sale probe

Agriculture Secretary Francisco Laurel said that the Department of Agriculture has implemented the Ombudsman's preventive suspension order for the officials allegedly involved in the “improper” sale of rice buffer stocks......»»

Category: newsSource:  philstarRelated NewsMar 4th, 2024

PLDT, ABS-CBN call-off P6.75-B SkyCable deal

PLDT and ABS-CBN “mutually decided not to proceed with the sale of Sky Cable to PLDT under the sale and purchase agreement signed by and among the parties in March 2023.”.....»»

Category: financeSource:  philstarRelated NewsFeb 23rd, 2024

‘Stop sale of highly toxic mercury-added skin lightening products’

‘Stop sale of highly toxic mercury-added skin lightening products’.....»»

Category: newsSource:  sunstarRelated NewsFeb 20th, 2024

AbaCore raises P200 million from asset sale

Listed holding company AbaCore Capital Holdings Inc. has raised P200 million from the sale of another Batangas property......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024