PPA to spend P3.5 billion for upgrade of ports
As shippers suffer from the fallout of the Red Sea conflict, the Philippine Ports Authority (PPA) is spending P3.5 billion this year for port upgrades to minimize the impact of external disruptions on the local industry......»»
DBP lends P2 billion for Palawan infrastructure projects
State-run Development Bank of the Philippines has extended a P2-billion loan financing to the local government of Palawan for vital public infrastructure projects including the upgrade of road network......»»
Clark Water spending P5.6 billion for freeport service upgrade
Clark Water Corp., a subsidiary of Manila Water Philippine Ventures, is spending P5.56 billion to improve its services in the Clark Freeport Zone......»»
DA spending P5 billion yearly for solar-powered irrigation
The Department of Agriculture aims to spend at least P5 billion annually for the construction of solar-powered irrigation systems nationwide to boost rice productivity and mitigate adverse impacts of El Niño......»»
Globe gets P5 billion from sale of towers
Telco-to-tech provider Globe Telecom Inc. raised almost P5 billion from the sale of towers in the first quarter, providing it with some of the capital needed to upgrade services and pay debts......»»
PLDT borrows P1 billion in green loans
Telco giant PLDT Inc. has borrowed P1 billion from the green loan facility of HSBC Philippines to bankroll the expansion and upgrade of its fiber network......»»
DigiPlus earmarks P2 billion for 2024 capex
Fast-growing digital entertainment company DigiPlus Interactive Corp. plans to spend as much as P2 billion this year as it looks to sustain its growth momentum and ramp up its digital offerings......»»
Maynilad pouring in P2.7 billion for water loss reduction plan
Maynilad Water Services Inc. will spend P2.7 billion until 2027 to reduce water losses by replacing its aging pipe network and stifling the rampant illegal connecti.....»»
Yokohama investing P3.5 billion to expand Clark tire plant
Japanese company Yokohama Rubber Co. Ltd. is set to spend P3.5 billion for the expansion of its tire plant in Clark, according to the Clark Development Corp......»»
NLEX spending P9 billion for C5 link, road widening
North Luzon Expressway (NLEX) Corp. will spend nearly P9 billion for the construction of a direct access to C-5 Road and the expansion of a certain portion of its tollway......»»
MPTC to spend P10 billion for barrier-free expressway
Expressways operated by the Metro Pacific Group will start taking down their toll plazas in 2025 to achieve a barrier-less system by 2026, an effort that will require as much as P10 billion but could be key to resolving traffic congestion......»»
ACEN to spend P70 billion this year
Ayala-owned ACEN Corp. has earmarked P70 billion to bankroll the capital expenditures of its domestic and international operations this year.....»»
PPA readies P1.5 billion for Leyte, Bohol port projects
The Philippine Ports Authoritywill spend more than P1.5 billion to construct a new port in Leyte and expand an existing one in Bohol to boost trade activities in Visayas......»»
MPTC offers P2.5 billion to buy out government share in CAVITEX
Metro Pacific Tollways Corp. is willing to spend as much as P2.5 billion to acquire the remaining interest of the government in the operations and maintenance of the Manila-Cavite Expressway......»»
Ayala exits Manila Water
Conglomerate Ayala Corp. has completed one of its major divestment plans for the year, selling its remaining stake in its East Zone water business to ports and power tycoon Enrique Razon for P14.5 billion......»»
Top Japanese contractor Taisei Corp. invests in PetroGreen Unit
Founded in 1873, Taisei Corp. is among Japan’s top 5 general contractors building ports and harbors, bridges and tunnels, power stations, industrial complexes and commercial buildings in over 65 countries. In fiscal year 2022, Taisei Group recorded total net sales of $12.3 billion. .....»»
Romualdez: Philippines WEF hosting to spur more foreign investments
The Department of Transportation said it needs at least P12.5 billion to build 200 more ports under the Marcos administration, underscoring the need to improve connectivity in remote islands......»»
AsPac govts spending heavily on digital security
As state agencies fall victim to cyber attacks, the public sector in Asia Pacific, including in the Philippines, is investing at least $7 billion this year for the upgrade of digital defenses......»»
NEWS BRIEFS | Misamis Oriental Updates, 31 January 2024
P12.75 billion ok’d for Laguindingan airport expansion The National Economic Development Authority (NEDA) said it approved the expansion of Laguindingan Airport in Misamis Oriental, which has become the most overcrowded airport in the region. NEDA Secretary Arsenio Balisacan approved the “parameters, terms, and conditions of the upgrade of the airport,” Mindanao’s second busiest airport. The […].....»»
NICE, Ganda! NICE, SARAP! McDonald’s comes out with oh-so-satisfying Chicken McDo
Summary: McDonald’s Introduces Bigger, Juicier, and Crispier Chicken McDo McDonald’s has unveiled an enhanced version of its beloved Chicken McDo, promising a more satisfying and flavorful experience for chicken enthusiasts. The new and improved Chicken McDo boasts larger and juicier cuts, coupled with a revamped breading process that results in a crispier and flakier skin. This upgrade aims to elevate the dining experience, ensuring that every bite is succulent and fulfilling. In addition to the enhanced chicken offering, McDonald’s is also introducing value-packed meal options to cater to different preferences. Customers can indulge in the 1pc Chicken McDo with DOUBLE Rice for a hearty and filling meal, or opt for the 1pc Chicken McDo with McFloat for a refreshing accompaniment. The reimagined Chicken McDo has garnered praise from renowned personality Vice Ganda, who has expressed her delight with the improvements. McDonald’s has made the new Chicken McDo available for dine-in, take-out, drive-thru, and delivery, ensuring that customers can savor its delectable taste at their convenience. For those eager to explore more exciting deals and promotions related to the Chicken McDo, McDonald’s encourages users to download the McDonald’s App and McDelivery App, and stay updated on social media platforms such as Instagram and Facebook. Overall, McDonald’s Chicken McDo aims to satisfy cravings with its bigger, juicier, and crispier appeal, offering a delectable chicken experience that can be enjoyed anytime, anywhere......»»
Three-way battle looms for Laguindingan airport
The Aboitiz Group will possibly face two challengers to its P12.75-billion bid to rehabilitate and upgrade the Laguindingan Airport in Misamis Oriental......»»