ICTSI helps bankroll Go Negosyo programs nationwide
GLOBAL port operator International Container Terminal Services Inc. (ICTSI) is once again helping to bankroll the ongoing programs of Go Negosyo, a ranking official of the company said .
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GLOBAL port operator International Container Terminal Services Inc. (ICTSI) is once again helping to bankroll the ongoing programs of Go Negosyo, a ranking official of the company said .
THE P1.1-billion enhancement program at the Manila-Cavite Toll Expressway (Cavitex) is a two-pronged initiative that will not only decongest the thoroughfare, but also increase traffic volume by at least a tenth, a ranking official said on Thursday.
MEGAWIDE Construction Corp. has initiated temporary measures to resolve the flooding problem at the second terminal of the Mactan-Cebu International Airport, while targeting to rectify the gutter-drainage problems in the facility sometime this month.
WHILE the management of the Philippine National Railways (PNR) intends to rectify what its chief deemed as an irritatingly failed project intended to provide commuters with clean and complete toilet facilities, the agency cannot simply take over the said project as it could lead to possible legal tussles in the future.
BUDGET carrier Cebu Pacific spends roughly half-a-billion pesos per month on excess fuel costs. And, without the regulator’s approving its petition to reimpose fuel surcharge on its flights, it might have to continue to do so and such may take a toll on the company’s bottom line.
METRO Pacific Tollways South Corp. (MPT South) aims to close roughly P25.3 billion in loans next month from local lenders to bankroll the construction of the Cavite-Laguna Expressway (Calax).
FIVE additional Airbus A320neo aircraft are expected to join the Cebu Pacific fleet in 2019, and with the new jets, the airline may start offering services in “new markets” that will help strengthen the position of the budget carrier in the Philippines.
THE Department of Public Works and Highways (DPWH) is now working under a lot of pressure, after President Duterte delivered a mild rebuke to the agency for delivering infrastructure projects at a pace that, despite all the frenzied activity, he deemed as slow. That load is about to get heavier as the Philippines shifts to a cash-based budget in 2019.
SILANG, CAVITE—After granting the original proponent status to Metro Pacific Tollways South Corp. (MPT South) for the P22.43-billion Cavite-Tagaytay-Batangas Expressway (CTBEx) unsolicited proposal, the public works department now intends to complete the Swiss challenge for the said deal by the first half of 2019.
THE P100-billion unsolicited proposal for the creation of 25,000 common towers across the Philippines will be some sort of a litmus test for the fairly young Department of Information and Communications Technology (DICT), as this will be a precedent for future private-sector offers for tech projects.
THE public works department has scheduled for Thursday the award of the original proponent status to Metro Pacific Tollways South Corp. (MPT South) of the P22.43-billion Cavite-Tagaytay-Batangas Expressway (CTBEx) unsolicited proposal.
THANKS to the robust development in connectivity due to increased flights in and out of the Mactan-Cebu International Airport (MCIA), the second-busiest air hub in the Philippines recorded a 13-percent growth in passenger volume and air-traffic movement during the first half of 2018.
IT may take a year before the future third telco player could start offering its services to consumers, and start its unwritten mandate of breaking down the duopoly, as the Department of Information and Communications Technology (DICT) aims to start the ball rolling for the official selection process this week.
WITH the signing of a memorandum of agreement (MOA) between the Public-Private Partnership (PPP) Center and the Philippine Competition Commission (PCC), new policies on the facilitation of privately funded infrastructure projects may be created.
With the government allotting P1.08 billion to develop bridges in Metro Manila, the Department of Public Works and Highways (DPWH) is ensuring that the reconstruction methods and processes involved in the retrofitting, rehabilitation, and replacement of old and weak bridges in the metropolis is on a par with international standards.
WITH the National Telecommunications Commission’s (NTC) order to lower the interconnection fees among telcos, the Philippines now ranks as the third nation—after five countries—in Southeast Asia with the lowest interconnection charges.
METRO Manila traffic. It is as much of a Filipino monster as the legendary aswang, tiyanak or tikbalang—except it is no myth. Filipinos live through this nightmare every day. They fear it; they live through it; they breathe it.
CHOOSING the proposed terms of reference that favors the highest committed level of service (HCLoS) for the selection of the third telco player will result in the public gaining more than profiting from an auction.
GLOBE Telecom Inc. President Ernest L. Cu has painted a rosy outlook in the Philippine digital landscape for 2018, even as the country continues to play “catch-up” with its regional peers in terms of adoption in the information and communications technology (ICT) sector.
MULTIMEDIA conglomerate ABS-CBN Corp. has decided not to extend its network sharing agreement with Globe Telecom Inc. after five years of operations as the business model was deemed to be financially unviable.
RIDE-HAILING services such as Grab are overly regulated in this part of the world, and putting too much pressure through policies on fares and supply will be detrimental to the fairly young segment of the transport sector.
BIÑAN, Laguna—The Department of Public Works and Highways (DPWH) aims to deliver a portion of the crucial right-of-way for the construction of the Cavite-Laguna Expressway (Calax) by the third quarter this year, Secretary Mark A. Villar said on Saturday.
INSTEAD of hounding Grab over a charge without legal basis, the regulator should look into addressing the supply-demand gap for the service, as this could help improve the transportation sector in the Philippines, a company official said.
A fare hike being charged to Light Rail Transit (LRT) Line 1 commuters will ensure smooth sailing for the train facility’s expansion, as this will give lenders the confidence to bankroll the P30-billion price tag for the railway system’s extension, its operator said.
REQUIRING the future third telco player to pay an upfront amount to the tune of P36.58 billion at the very least will not result in any benefit to consumers. Worse, it will only help incumbents strengthen their position in the market.
THE public works department may issue the original proponent status to Metro Pacific Tollways South Corp. (MPT South) for the construction of the P22.43-billion Cavite-Tagaytay-Batangas Expressway (CTBEx) anytime soon.
Metro Pacific Investments Corp. is mobilizing initial civil works for the P23.3-billion Connector Road, in time for the full-blast construction of the said highway in the first half of 2019.
THE time is ripe for a so-called financial services revolution in the Philippines, thanks to the projected increase in demand for digital products in the next three years, paving way for the reduction of what is known as the digital divide.
WHILE refusing to release the full audit report for the Metro Rail Transit (MRT) Line 3, Transportation Secretary Arthur P. Tugade insisted that the “technical adjustments” for the 48 train cars delivered by CRRC Dalian Co. of China should be shouldered by the supplier.
WHILE promising to implement policies on proper spectrum allocation, the chief of the Department of Information and Communications Technology (DICT) has vowed to lobby for laws on the equitable management of frequencies.
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