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Marcos creates committee to facilitate right-of-way acquisition for railway projects

Marcos creates committee to facilitate right-of-way acquisition for railway projects.....»»

Category: newsSource:  sunstarRelated NewsApr 2nd, 2024

Inter-agency committee formed to streamline land acquisition for nat l railway projects

The government has created an inter-agency committee to standardize the process of land acquisition for the implementation of the country’s railway projects......»»

Category: newsSource:  philstarRelated NewsApr 2nd, 2024

Aboitiz completes acquisition of Coca-Cola Philippines

The Aboitiz Group’s entry into the branded consumer goods space is ready to commence with its successful acquisition of Coca-Cola Beverages Philippines Inc......»»

Category: financeSource:  philstarRelated NewsFeb 24th, 2024

Aboitiz, CCEP complete Coca-Cola Beverages Philippines Inc. acquisition

Aboitiz, CCEP complete Coca-Cola Beverages Philippines Inc. acquisition.....»»

Category: sportsSource:  abscbnRelated NewsFeb 23rd, 2024

PLDT’s acquisition of Sky Cable canceled

PLDT’s acquisition of Sky Cable canceled.....»»

Category: newsSource:  sunstarRelated NewsFeb 22nd, 2024

AREIT completes P1.2-B cash acquisition of 153-room Seda Lio resort hotel

AREIT announced that it completed the acquisition of the 153-room Seda Lio resort-hotel in El Nido from subsidiaries of its sponsor, Ayala Land......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

Rs 4.94 lakh crore DRDO-developed weapon systems in Indian defence forces, says DRDO chief

By Ajit DubeyNew Delhi [India], January 25 (ANI): Defence Research and Development Organisation chairman, Dr Samir V Kamat on Thursday said that nearly Rs 4.94 lakh crores worth of DRDO-developed products have either been inducted or have received the Acceptance of Necessity (AoN) from the Defence Acquisition Council (DAC). In an interview with ANI, the chief of DRDO said that over 60 per cent to 70 per cent of the induct.....»»

Category: newsSource:  manilanewsRelated NewsJan 25th, 2024

Rs 4.94 lakh crore DRDO-developed weapon systems in Indian defence forces, says DRDO chief

By Ajit DubeyNew Delhi [India], January 25 (ANI): Defence Research and Development Organisation chairman, Dr Samir V Kamat on Thursday said that nearly Rs 4.94 lakh crores worth of DRDO-developed products have either been inducted or have received the Acceptance of Necessity (AoN) from the Defence Acquisition Council (DAC). In an interview with ANI, the chief of DRDO said that over 60 per cent to 70 per cent of the induct.....»»

Category: newsSource:  philippinetimesRelated NewsJan 25th, 2024

Himachal Pradesh CM Sukhu inaugurates 22 new branches of HPSCB; launches two new schemes

Shimla (Himachal Pradesh) [India], March 6 (ANI): Chief Minister Sukhvinder Singh Sukhu virtually inaugurated 22 new branches of the Himachal Pradesh State Cooperative Bank (HPSCB) on Wednesday. According to an official release from the Chief Minister's Office (CMO), "CM Sukhu launched two new schemes, the 'One-Time Resolution Scheme' and a Loan Scheme for developing high-density apple orchards."The Chief Minister also la.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

P3.3 trillion in agency budget released

A total of P3.3 trillion has been released to state agencies to implement priority programs and address the problem of underspending, according to the Department of Budget and Management......»»

Category: financeSource:  philstarRelated NewsFeb 7th, 2024

EAM Jaishankar speaks to US State Secy Blinken, two leaders share concern over growing tensions in Red Sea

Washington, DC [US], January 12 (ANI): External Affairs Minister S Jaishankar on Thursday spoke with US Secretary of State Anthony Blinken, State Department spokesperson Matthew Miller informed on Thursday, adding that the two leaders discussed the recent attacks on merchant ships by the Yemen-backed Houthi groups in the Red Sea. The two leaders also reaffirmed their maritime cooperation in the region, the State Departmen.....»»

Category: newsSource:  philippinetimesRelated NewsJan 14th, 2024

EAM Jaishankar speaks to US State Secy Blinken, two leaders share concern over growing tensions in Red Sea

Washington, DC [US], January 12 (ANI): External Affairs Minister S Jaishankar on Thursday spoke with US Secretary of State Anthony Blinken, State Department spokesperson Matthew Miller informed on Thursday, adding that the two leaders discussed the recent attacks on merchant ships by the Yemen-backed Houthi groups in the Red Sea. The two leaders also reaffirmed their maritime cooperation in the region, the State Departmen.....»»

Category: newsSource:  manilanewsRelated NewsJan 12th, 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

MVP ­­wants longer contract period for MRT-3

One of the potential bidders for the privatization of the Metro Rail Transit Line 3 wants the government to award a new concession with a service contract longer than 15 years......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

Free MRT rides for women, all-female House session

Women and girls can enjoy free rides today at the Metro Rail Transit Line 3 and the Light Rail Transit Line 2 in line with the celebration of International Women’s Day......»»

Category: newsSource:  philstarRelated NewsMar 7th, 2024

MRT-3 concession period seen at shorter 10-15 years

The next operator of the Metro Rail Transit Line 3 could end up with a shorter term of at least 10 years, as its role will be limited to managing the railway as the government pays for the cost of its rehabilitation......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

LRT-2, MRT-3 give free rides to commemorate DOTr s 125th year

The Light Rail Transit Line 2 and Metro Rail Transit Line 3 will be giving commuters free rides on Wednesday during the two line's peak hours......»»

Category: newsSource:  philstarRelated NewsFeb 7th, 2024

MRT-3 to start accepting Mastercard for payments

Filipinos with Mastercard may now use their card to ride the Metro Rail Transit Line 3 without having to line up to buy a single journey ticket......»»

Category: financeSource:  philstarRelated NewsFeb 2nd, 2024

MVP, Ang may jointly bid for MRT-3

Another infrastructure tie-up between tycoons Manuel V. Pangilinan and Ramon Ang could be in the works as Metro Pacific Investments Corp. will engage San Miguel Corp. in bidding for the privatization of the Metro Rail Transit Line 3......»»

Category: financeSource:  philstarRelated NewsJan 18th, 2024

MPIC, SMC bids for MRT-3 rejected

The Department of Transportation will decline the privatization offers for the Metro Rail Transit Line 3 made by tycoons Manuel V. Pangilinan and Ramon Ang, as it eyes to get additional offers from the private sector......»»

Category: financeSource:  philstarRelated NewsJan 10th, 2024