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News and Events

Unsolicited Proposal to Build 11-Km Makati Subway Acknowledged by City Gov’t

Costing $3.7 billion, the project still has to be negotiated by the LGU and proponent IRC Properties

The Makati City Government has granted “original proponent status” to the unsolicited proposal of listed real estate firm IRC Properties Inc. to establish and operate a subway system in the city, the company said in a disclosure to the Philippine Stock Exchange ...

by Elyssa Christine Lopez  | June 21, 2018 01:00:00
News and Events

(LOOK) ”?"One-Of-A-Kind Experience” Promised in New Cebu Airport Terminal

Officials hail the completion of the new terminal during inauguration rites

Entrance to Terminal 2 of the Mactan Cebu International AirportAlmost five years since the project was first bidded out, the new Terminal 2 of the Mactan Cebu International Airport (MCIA) was finally inaugurated on Thursday, June 7.The new passenger terminal, which will ...

by Paul John Caña and Pauline Macaraeg  | June 07, 2018 05:00:00
News and Events

President Duterte Inaugurates Aquino Admin’s Biggest Airport PPP Project

Timely completion of Mactan-Cebu Airport Terminal 2 underscores continuity in infrastructure policy amid tumultuous regime change

Terminal 2 of Mactan Cebu's International Airport will be inaugurated on Thursday, June 7Cebu City – President Rodrigo R. Duterte led the inauguration rites on Thursday, June 7, of the Mactan-Cebu International Airport (MCIA)’s Terminal 2 that will help decongest the country’s ...

by Roel Landingin  | June 07, 2018 12:00:00
News and Events

How the New MCIA Terminal Will Help Decongest PH's 2nd Biggest Airport

The MCIA Terminal 2 was a PPP project that almost didn’t push through because of legal challenges

The Department of Transportation (DOTr) has confirmed that Terminal 2 of the Mactan-Cebu International Airport (MCIA) will be completed and inaugurated by June 7, with commercial operations commencing on July 1.Touted as the Philippines’ first “resort airport,” the MCIA Terminal 2 has ...

by Lorenzo Kyle Subido  | June 04, 2018 03:00:00
News and Events

Batasan to Taguig in 35 Minutes? San Miguel to Begin Building C-6 Expressway in April 2018

The first phase of the Php31-billion expressway is expected to be completed by 2020

The Department of Public Works and Highways (DPWH) and the Department of Transportation Toll Regulatory Board (DOTr - TRB) led the groundbreaking of the first phase of the Southeast Metro Manila Expressway (SEMME) today, January 8.“Ngayon, nagpupulong tayo para maisakatuparan ang pangarap ng ...

by Pauline Macaraeg  | January 08, 2018 07:00:00
News and Events

Kick start your day, April 21: Finally! MRT7 to start construction

And for the nth time, be careful with what you share online.

After a long waitSeven years since the government signed the public-private partnership (PPP) with San Miguel Corporation (SMC), Metro Rail Transit line 7 (MRT7) finally broke ground on Wednesday, April 20 at Quezon Memorial Circle, Quezon City.SMC eyes to complete the 23-kilometer ...

by Entrepreneur Staff  | April 21, 2016 08:00:00
News and Events

Kick start your day, March 29: Fewer banks in PH for 2015

Plus, bidding failed for the 'most complicated' public-private partnership project in the country to date.

Fewer playersThe Bangko Sentral ng Pilipinas' (BSP) reported on March 28 that the number of big and small banks operating in the country reached 632 in 2015, less than 2014’s 648.BSP said, "This indicates the continued consolidation of banks as well as ...

by Entrepreneur Staff  | March 29, 2016 08:00:00
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