SMC to manage NAIA
Today, the administration of President Ferdinand R. Marcos Jr. will award the management for 15 years of the decrepit main Philippine gateway, the Ninoy Aquino International Airport, to the winner of the bidding conducted last December by the Department of Transportation and Communications under Secretary Jaime Bautista......»»
Opinion - South China Sea- Philippines must softly manage disputes or miss out economically
Manilas assertive transparency strategy is touted as a model for managing maritime disputes but it diminishes key economic opportunities. As Chinese investment pours into other Southeast Asian countries, the Philippines must reduce geopolitical risks without acquiescing to Beijing......»»
Davao Metro Shuttle declines offer to manage bus system
DAVAO CITY (MindaNews / 24 March) — The Davao Metro Shuttle Corporation has declined the offer of the City Government of Davao to operate the Davao City Public Transport Modernization Project (DCPTMP), a public mass transportation project that will replace the jeepneys with buses, an executive of the bus company said. In an interview at […].....»»
CTTMO to deploy 300 personnel for Holy Week
AN OFFICIAL from the Davao City Transport and Traffic Management Office (CTTMO) announced plans to deploy approximately 300 personnel throughout Holy Week to manage anticipated crowds......»»
LWUA takes over MCWD’s policy-making functions for six months
CEBU CITY, Philippines – The Local Water Utilities Administration (LWUA) has assumed control over the Metropolitan Cebu Water District (MCWD), a significant step to resolve the long-standing issue as to who will manage the utility firm. LWUA earlier wrote a letter to MCWD Chairman Jose Daluz III and General Manager Edgar Danoso, informing them of.....»»
Duterte himself offered to look after Quiboloy properties
Former president Rodrigo Duterte has admitted it was he who volunteered to manage the properties of the Kingdom of Jesus Christ because his friend and sect leader Apollo Quiboloy “is distracted at the moment.”.....»»
A quick look at the week ahead
For the PSE, earnings season is starting to heat up as financial condition reports trickle in and the FY23 teasers keep coming to manage our expectations......»»
Cone rules out Monday-only practice
Gilas head coach Tim Cone said yesterday the option of scheduling Monday-only practice during the PBA Philippine Cup to prepare for the FIBA Olympic Qualifying Tournament (OQT) in July isn’t workable and he’ll manage with what time is available after the conference ends......»»
How to Handle Irate Customers in Your Business
Dealing with irate customers is an inevitable part of running any kind of business. While it can be a challenging and stressful experience when it happens, mastering the art of handling upset customers can turn a potentially negative situation into a positive one. So, how can entrepreneurs effectively manage and diffuse the tension when faced […].....»»
MPIC likely to pass up on subway bidding
The Metro Pacific Investments Corp. plans to pass up on the opportunity to manage the Metro Manila Subway Project (MMSP), the first underground railway in the Philippines being built by the government......»»
Government to address price hikes – NEDA
The government is stepping up efforts to address price increases in basic commodities such as rice following a recent survey indicating that Filipinos are dissatisfied with efforts to manage inflation, according to the National Economic and Development Authority......»»
What ‘sexy’ truly means to Kylie Verzosa
Kylie Verzosa admitted that she gained weight after winning the Miss International crown in 2016. But it was during the pandemic that she turned to the pescatarian diet to manage her weight gain......»»
ICTSI bags P750 million Iloilo Port deal
Logistics giant International Container Terminal Services Inc. will add another port to its network of facilities here and abroad, this time securing the P750 million contract to manage the Iloilo Commercial Port Complex......»»
BSP onboards 1st nonbank electronic money issuer
The Bangko Sentral ng Pilipinas (BSP) achieved a significant milestone by welcoming OmniPay, Inc. as the first nonbank electronic money issuer (EMI) participant in its Real Time Gross Settlement (RTGS) payment system, PhilPaSSplus. This move aligns with the National Payment Systems Act and signifies a more inclusive national payment system, allowing nonbank financial institutions to conduct efficient and low-risk funds transfers directly through the central bank. Assistant Governor Mary Anne P. Lim emphasized the BSP's commitment to safeguarding the entire Peso RTGS payment system amidst global trends of diversified participation. With 236 institutions, including various banks and nonbank entities, utilizing PhilPaSSplus for large value transactions and retail payment clearing, the BSP's initiative reflects a broader trend of central banks facilitating direct access for nonbank entities to settlement services. This development comes as international standard-setting bodies work on access guidelines to manage risks in evolving payment systems with new players and financial technologies......»»
Kaspersky Suggests to Add Sorting Your Digital Clutter to Your New Year’s Resolutions
This new year, you could have resolved to quit a vice, learn something new, manage your finances better, and maybe check a couple off your bucket list of places to visit. Cybersecurity company Kaspersky suggests adding another practical and smart resolution to your 2024 list: to protect your precious data by clearing your digital clutter! […].....»»
SMC lauds Korean infrastructure partners
San Miguel Corp. president and CEO Ramon Ang has recognized the contribution of Korean companies in advancing the listed conglomerate’s major infrastructure projects......»»
San Miguel to scrap P100-B Pasig River tollway?
SMC said that this is in response to the “prevailing sentiment expressed by the public on the Project”......»»
SMC scraps plans to build P100 billion Pasig River tollway
Diversified conglomerate San Miguel Corp. will no longer pursue its plan to build a toll road on the Pasig River, succumbing to pressure from opposition groups......»»
The biggest infra company
San Miguel Corp. president and CEO Ramon S. Ang and Metro Pacific Investments Corp. chair, president and CEO Manuel V. Pangilinan are talking to merge their respective tollways operations – SMC Tollways (under San Miguel Infrastructure Holdings) and Metro Pacific Tollways Corp. MPIC......»»
MPTC to sell stake in Vietnam firm
Metro Pacific Tollways Corp. (MPTC) will sell its Vietnam operations for at least P4 billion to simplify its business structure in preparation for the possible merger with the toll road operations of San Miguel Corp. (SMC)......»»
SMC’s F& B unit nets record P38 billion in 2023
The food and beverage unit of San Miguel Corp. reached new heights in 2023 as it raked in an all-time high profit of P38.1 billion, with all segments clocking in growth......»»