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Filinvest cleared to sell P10 billion fixed bonds
Gotianun-led Filinvest Development Corp. received yesterday its permit to sell up to P10 billion in fixed bonds consisting of a base offer of P7 billion and an oversubscription option of P3 billion......»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Philippine remittances rise by 2.9 pct in November
MANILA, Jan. 15 (Xinhua) -- Personal remittances from overseas Filipinos reached 3 billion U.S. dollars in November 2023, 2.9 percent higher than the 2.9 billion dollars recorded in November 2022, the Philippine central bank said Monday. The Bangko Sentral ng Pilipinas (BSP) said the cumulative personal remittances grew by 2.9 percent to 33.6 billion dollars in the first 11 months of 2023 from 32.6 billion dolla.....»»
Pasil launches 4th PWUDs community-based rehab program
CEBU CITY – Barangay Pasil successfully launched its 4th batch of Persons Who Used Drugs (PWUDs) to undergo the Community-Based Drug Rehabilitation Program (CBDRP) on Tuesday, February 20, 2024. Cebu City Police Office’s City Director, Police Colonel Ireneo B. Dalogdog, urges for the swift clearing of drugs from the barangay in collaboration with the Philippine.....»»
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.....»»
Synergy is the secret sauce here.
Because of that, it will be tough for the competition to overcome San Miguel’s bid to rehab and operate the Manila International Airport complex. None of them have the synergies to bid any better......»»
Aumentado pushes P100M rehab of Alona Beach in Panglao
MANDAUE CITY, Cebu — Bohol Governor Erico Aris Aumentado said that he was in close coordination with Tourism Infrastructure and Enterprise Zone Authority (TIEZA) for the planned rehabilitation of Alona Beach in Panglao town. The project is estimated to cost at least P100 million, Aumentado said in an advisory that was posted on his social.....»»
Magallanes flyover rehab starts next week
Motorists should brace for traffic jams as the rehabilitation of the Magallanes flyover in Makati will begin next week, the Department of Public Works and Highways announced yesterday......»»
DPWH contractor rushing Kamuning flyover rehab
The rehabilitation of the Kamuning flyover is being fast-tracked to finish before the start of the rainy season, according to the Department of Public Works and Highways......»»
MCSAPO to hold jail-based rehab program for female inmates
MANDAUE CITY, Philippines — The Mandaue City Substance Abuse Prevention Office (MCSAPO) is set to conduct a jail-based rehabilitation program for female inmates. This will be the first time that the rehabilitation program will be conducted in the female dormitory. The MCSAPO and Bureau of Jail Management and Penology implemented the program with male inmates.....»»
World Water Day: SMC clears 5.5M MT of waste via river rehab
On World Water Day, San Miguel Corp. logged its highest water savings yet in five years, under its flagship water sustainability program, “Water for All.”.....»»
Malacanang exec says gov’t still have funds for relief, rehab efforts
By Joann Santiago MANILA, Dec. 16 (PNA) — A Palace official on Wednesday said the government continues to have budgetary provisions to address needs of calamity victims. In a briefing, Presidential Communications........»»
DSWD-Davao to aid disaster victims in recovery, rehab amid regionwide ECT payouts
THE Department of Social Welfare and Development-Davao Region (DSWD-Davao) reaffirmed its commitment to aid all victims of recent disasters in the Davao Region on their journey towards recovery and rehabilitation......»»
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......»»
Pasig River rehab expands to Intramuros
The rehabilitation of Pasig River has been expanded to Intramuros and will feature an interconnected showcase area between the Manila Central Post Office and the walled city......»»
[Vantage Point] BDO lifts NAIA rehab
Transportation Secretary Jaime Bautista says BDO chairperson Teresita Tan Sy-Coson's generous guarantee has given his department comfort that the winning bidder will not lack the needed wherewithal to pursue the project.....»»
NAIA rehab: Consortium led by San Miguel, Incheon Airport outbids everyone
If San Miguel's consortium wins, that would mean the massive conglomerate gains control of both the Ninoy Aquino International Airport and the Bulacan International Airport.....»»
Pasig River rehab to promote tourism, transport connectivity – DHSUD
The rehabilitation of the Pasig River will be aimed at boosting tourism and promoting transportation connectivity in Metro Manila, the Department of Human Settlements and Urban Development said over the weekend......»»
Marcos inaugurates Pasig River rehab project
President Marcos yesterday led the inauguration of the “Pasig Bigyang Buhay Muli” project behind the Manila Central Post Office......»»
DPWH tallies 268 gov’t and school buildings partially destroyed in Hinatuan quake
The Department of Public Works and Highways (DPWH) in Davao Region reported that a total of 268 school and national government buildings were partially destroyed by the magnitude 7.4 earthquake that struck Hinatuan, Surigao del Sur on December 2. The estimated damage amounted to P108,497,894.84 for school buildings and P1,899,365.60 for national government buildings. The damages included cracks on walls and falling debris such as ceilings. According to Engr. Alexander Turingan of DPWH XI, there were no reported damages in Davao Occidental and Davao del Sur. Franz Irag, Office of Civil Defense (OCD) XI operations head, emphasized the importance of addressing damages to school buildings, which also serve as evacuation centers during calamities. Dean Ortiz, spokesperson of DPWH XI, highlighted the agency's focus on national roads and bridges, clarifying that they will respond to requests to inspect private and government buildings. Architect Kashagar Toghyani, officer-in-charge of the Office City Building Official (OCBO) of Davao City, urged private building owners to promptly engage professional engineers to assess structural integrity, especially for buildings housing more than 10 individuals. He emphasized the necessity of fire inspections and transparency with building occupants to ensure their safety. The recent earthquakes did not affect government buildings in the Davao Region, and DPWH is committed to conducting thorough assessments and ensuring the safety of buildings and their occupants in the aftermath of the quake......»»