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San Miguel consortium wins P171-B NAIA operations, rehab project

The Department of Transportation announced on Friday that the San Miguel Consortium had been awarded the P170.6-billion contract to operate, maintain and rehabilitate NAIA......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

RSA allays last-minute NAIA review

On Thursday, Feb. 15, Transportation Secretary Jaime Bautista was worried and feeling sick, even feverish, according to sources, from the growing speculation and intrigue regarding the awarding of the estimated P170.6-billion solicited proposal to rehabilitate the Ninoy Aquino International Airport (NAIA), fearful that his long dream of finally accomplishing the privatization and much need rehabilitation of NAIA may once more be derailed......»»

Category: financeSource:  philstarRelated NewsFeb 19th, 2024

Promoting peace: Madonna Rehabilitation Hospitals offer support groups for individuals with long-covid

Madonna Rehabilitation Hospitals Provides Support for Long Covid Patients In recognition of International Long Covid Awareness Day on March 15, Madonna Rehabilitation Hospitals is offering.....»»

Category: newsSource:  thedailyguardianRelated NewsMar 17th, 2024

Customs revives declaration forms for arriving international passengers at NAIA

THE filled out Customs declaration forms for arriving international passengers at the NAIA Terminals is being revived by the Bureau of Customs (BOC) at the Ninoy Aquino International Airport (NAIA) and is now under pilot testing. BOC-NAIA district collector Atty Yasmin Mapa said that international passengers arriving in the country are now obliged to submit […].....»»

Category: newsSource:  journalRelated NewsFeb 13th, 2024

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.....»»

Category: newsSource:  rapplerRelated NewsFeb 8th, 2024

BDO readies SMC financial war chest for NAIA

The country’s largest bank is preparing the financing package that will fund the P122.3-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), with San Miguel Corp. (SMC) just weeks away from signing the concession for the project on March 18......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

The best is yet to come

With the situation turning from bad to worse at the Ninoy Aquino International Airport (NAIA), it’s not surprising that there is growing anticipation for the takeover by the San Miguel Corp. (SMC) group of NAIA’s rehabilitation and operation......»»

Category: financeSource:  philstarRelated NewsMar 8th, 2024

Maharlika Consortium awarded as microgrid service provider

The Maharlika Consortium has bagged a contract to provide electricity services in eight unserved areas in Cebu, Quezon and Palawan, according to the Department of Energy......»»

Category: financeSource:  philstarRelated NewsApr 3rd, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 22nd, 2024

Tough task ahead

Finance Secretary Ralph Recto has welcomed the Manila International Airport Authority board’s move to award to the San Miguel Corp-SAC and Co. consortium the contract for the rehabilitation of the Ninoy Aquino International Airport, the largest solicited public-private partnership project under the administration of President Marcos......»»

Category: financeSource:  philstarRelated NewsFeb 17th, 2024

Training program on the Revised Corporation Code

The Center for Global Best Practices is hosting an online training on the 2019 Revised Corporation Code of the Philippines on March 15 from 1:30 to 5 p.m. via Zoom......»»

Category: financeSource:  philstarRelated NewsMar 7th, 2024

DOLE to issue revised IRR for Service Charge Law

The Department of Labor and Employment will be issuing the revised implementing rules and regulations or IRR of the Service Charge Law......»»

Category: newsSource:  philstarRelated NewsJan 30th, 2024

Teachers to start revised K-10 curriculum training this week

The Department of Education will start training teachers this week for the rollout of the revised K-10 “Matatag” curriculum in the coming school year......»»

Category: newsSource:  philstarRelated NewsJan 28th, 2024

DOLE issues revised IRR on Service Charge Law

The Department of Labor and Employment has issued the revised implementing rules and regulations of the Service Charge law, which now excludes managerial employees from benefiting from the collected service charge......»»

Category: newsSource:  philstarRelated NewsFeb 3rd, 2024

Davao Oriental under state of calamity

The entire province of Davao Oriental has been declared under a state of calamity following the impact of the shear line, allowing the provincial local government unit to access its Quick Response Fund for rehabilitation efforts. The unanimous resolution was approved during a regular session in Sangguniang Panlalawigan, based on comprehensive assessment and recommendation from the Provincial Disaster Risk Reduction and Management Council and Governor Niño Uy. This declaration is crucial for providing emergency aid to the affected constituents and enforcing price control on essential items. Rapid Disaster Assessment and Needs Assessment reports indicate that around 63,337 families are affected, with 645 families and 1,830 individuals currently displaced and in evacuation centers. The damages in agriculture, fisheries, and livestock are estimated to be significant. Several municipalities have already declared a state of calamity, and the entire province is yet to announce its final assessment on the value loss in agriculture. This declaration aims to expedite rehabilitation and recovery plans to restore normalcy in the affected areas......»»

Category: newsSource:  sunstarRelated NewsJan 24th, 2024

Iloilo Airport to get P190-M funding for rehabilitation

Iloilo Airport to get P190-M funding for rehabilitation.....»»

Category: newsSource:  sunstarRelated NewsJan 23rd, 2024

DPWH completes P39M road rehabilitation in CSF

DPWH completes P39M road rehabilitation in CSF.....»»

Category: newsSource:  sunstarRelated NewsApr 11th, 2024

CCP main building rehabilitation continues, eyes 2026 reopening

Rehabilitation of the Cultural Center of the Philippines' main building in Pasay is 30% complete and is currently set to reopen to the public in 2026......»»

Category: entertainmentSource:  philstarRelated NewsFeb 3rd, 2024

Victorias City Jail to fortify livelihood, rehabilitation programs

Victorias City Jail to fortify livelihood, rehabilitation programs.....»»

Category: newsSource:  sunstarRelated NewsJan 28th, 2024

A glance at government s windfall from SMC’s NAIA takeover

The winning bid of the San Miguel Corp.-led consortium for the Ninoy Aquino International Airport translates to a government revenue share of P911.1 billion over a 25-year period, significantly higher than the other bidders’ revenue share offer of between P342.1 billion and P416.9 billion over the same period......»»

Category: financeSource:  philstarRelated NewsFeb 25th, 2024