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DMCI plans quick CHP turnaround

DMCI revealed a “strategic plan” to “revitalize” Cemex PH [CHP 1.38, up 0.7%; 32% avgVol], its newest and largest acquisition......»»

Category: financeSource:  philstarRelated NewsMay 2nd, 2024

Hotel101 advances listing plan in Nasdaq

DoubleDragon has advanced further plans to list its Singapore-based hospitality subsidiary Hotel101 Global on the US Nasdaq, with the signing of a business combination agreement with a special purpose acquisition company eyed next month......»»

Category: financeSource:  philstarRelated NewsFeb 9th, 2024

Uncertainty looms over Davao-Samal Bridge project amid RoW hurdles

The construction of the Samal Island-Davao City Connector (SIDC), also known as the Davao-Samal Bridge project, has faced numerous setbacks due to right-of-way (ROW) acquisition challenges. The project was halted on January 3, 2024, due to issues with landowners near a pier in Lanang at Davao City, leading to delays in the project's implementation. While there have been conflicting statements regarding the project's status, the National Economic and Development Authority-Davao Region (Neda-Davao) aims to complete the detailed engineering plans for the substructure of the west land via dock once the Deed of Transfer Possession in Davao City is released. However, ROW issues continue to persist. Despite these challenges, the project is still considered a priority and is included in the Davao Region Development Plan (DRDP) for 2023–2028. The project is funded through China’s Official Development Assistance with an estimated budget of P23.04 billion, and negotiations with the Philippine government are ongoing with a target completion date in 2027. The uncertainty surrounding the project's timeline remains as ROW hurdles persist, impacting the much-anticipated toll-free four-lane concrete exodus bridge spanning a 3.98-kilometer distance......»»

Category: newsSource:  sunstarRelated NewsJan 30th, 2024

Marcos OKs military’s P2-trillion wish list for weapons, equipment

MANILA, Philippines — President Ferdinand Marcos Jr. has approved the military’s revised wish list for new weaponry and equipment to shore up the country’s defenses against threats, in the face of a rapidly evolving regional security landscape. The updated acquisition plan called “Re-Horizon 3” will focus on “an array of capabilities which will range from.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2024

Villar lauds focus on faster ROW process

Senate Deputy Majority Floor Leader and former public works secretary Mark Villar had lauded President Marcos’ move to create an inter-agency committee to speed up the acquisition of rights-of-way (ROW), saying this will be crucial to managing the cost of vital rail transportation infrastructure project and in ensuring that timelines are met......»»

Category: financeSource:  philstarRelated NewsApr 18th, 2024

DOLE assures workers of pay hike after wage review

Following President Marcos’ order for a review of minimum wage rates nationwide, the Department of Labor and Employment yesterday assured workers that pay hikes are coming soon......»»

Category: newsSource:  philstarRelated NewsMay 3rd, 2024

Shipowners demand PPA fee review, cite indirect taxation

Shipowners demand PPA fee review, cite indirect taxation.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

Marina 7 to review ‘high’ Bantayan fare rates

Marina 7 to review ‘high’ Bantayan fare rates.....»»

Category: newsSource:  sunstarRelated NewsApr 20th, 2024

Bacolod forms ad hoc committee to review Bredco s contract

Bacolod forms ad hoc committee to review Bredco s contract.....»»

Category: newsSource:  sunstarRelated NewsApr 19th, 2024

PNOC-EC awaits results of DOE review on deals

MANILA – PNOC-Exploration Corp. (PNOC-EC), the oil and gas exploration arm of state-owned Philippine National Oil Co., is awaiting the results of the Department of Energy’s (DOE) review of all petroleum service contracts before it proceeds with the development of the Camago-Malampaya Oil Leg in northwest Palawan......»»

Category: newsSource:  thenewstodayRelated NewsApr 10th, 2024

REVIEW: ZEISS Triple Main Camera and other promising features the vivo V30 Pro offers

Having a pleasant experience with our recent vivo V30 review, especially considering its price point, our attention now turns to its premium sibling: the vivo V30 Pro......»»

Category: newsSource:  philstarRelated NewsApr 1st, 2024

DILG considers review, moratorium on protected areas dev’t.

DILG considers review, moratorium on protected areas dev’t......»»

Category: newsSource:  sunstarRelated NewsMar 21st, 2024

BSP to review 3 percent rate cap on credit card transactions

The Bangko Sentral ng Pilipinas will review this month whether to keep or hike the three percent interest rate cap on credit card transactions......»»

Category: newsSource:  philstarRelated NewsMar 3rd, 2024

Government announces independent review of forestry ETS costs

Forestry Minister Todd McClay has today announced an independent review into the forestry component of the Emissions Trading Scheme (ETS) Register to ensure it is efficient and cost-effective."Up and down the country forestry owners have been raising concerns about the excessive costs that have been imposed upon them by the previous government," Mr McClay says."We have iden.....»»

Category: sportsSource:  abscbnRelated NewsMar 1st, 2024

EV players push ‘green traffic’ as NEDA readies tariff review

Electric vehicle industry players and clean air advocates are calling on the National Economic and Development Authority to lead the push to accelerate efforts to promote “green traffic” through the inclusion of e-motorcycles as part of those enjoying tax exemption as the agency starts its review of an executive order that modified the tariffs on EVs......»»

Category: financeSource:  philstarRelated NewsFeb 21st, 2024

Muslim-Christian peace bloc provides free BARMM, Region 12 CS exam review

Peace advocates have fused ranks to provide free civil service (CS) exam review for marginalized Moro residents in Bangsamoro provinces and in nearby towns and cities in Region 12......»»

Category: newsSource:  philstarRelated NewsFeb 20th, 2024

A SOJOURNER’S VIEW: BOOK REVIEW: MAGDARAGAT, An Anthology of Filipino-Canadian Writing

BOOK REVIEW:MAGDARAGAT, An Anthology of Filipino-Canadian WritingEdited by: Teodoro Alcuitas, C.E, Gatchalian &, Patria RiveraPublished by: Cormorant Books, Inc., Toronto, Canada2023 CEBU CITY (MindaNews / 20 February) – Considering that the Filipinos reside in an archipelago constituted by at least 7,000 islands, it is safe to conclude that a big percentage of the population are […].....»»

Category: lifestyleSource:  abscbnRelated NewsFeb 20th, 2024

K-12 curriculum review every 3 years sought

Las Piñas Rep. Camille Villar is pushing for legislation that will mandate the regular review of the K-12 Basic Education Curriculum to ensure the “employability and competitiveness” of its graduates......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

E-motorcyles likely included in review of tax breaks – NEDA

The executive order modifying the tariff rates for electric vehicles will be up for review next week, with the possible inclusion of e-motorcycles in the list of vehicles that benefits from tax breaks......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

FDA to slash generic drug review to 45 days

The country's Food and Drug Administration announced Tuesday that it will shorten the review and approval process for generic drug applications to only 45 days from 120 days. .....»»

Category: newsSource:  philstarRelated NewsFeb 13th, 2024