Ninoy Aquino Stadium reemerges as PBA venue
MANILA, Philippines – The historic Ninoy Aquino Stadium in Manila is among the arenas that will host PBA games in the upcoming Philippine Cup.
County San Miguel latest news
Press Release - Bong Go aids fire victims in Iligan City; urges local leaders to raise fire prevention awareness in communities
"Sa mga nasunugan, huwag ho kayong mag-alala. Sabi ko nga sa inyo noon, ang gamit ay nabibili. Ang pera ay kikitain, subalit 'yung perang kikitain ay hindi po nabibili ang buhay. A lost life is a lost life forever," Senator Christopher "Bong" Go, in a video message, told victims of a fire incident in Barangay San Miguel, Iligan City as his Malasakit Team offered them aid on Wednesday, February 21.
SMC’s P1.03-trillion gift
Sept. 15, 2024 will be a watershed date for millions of Filipino travelers, for Philippine tourism and indeed for the country’s economy in general.
Press Release - Sen Nancy: Focus on NAIA rehab over name change
Senator Nancy Binay believes that the country should prioritize the Ninoy Aquino International Airport's rehabilitation and that moves to change its name should be put on the back-burner.
San Miguel consortium wins P171-B NAIA operations, rehab project
The Department of Transportation (DoTr) [link] announced on Friday that the San Miguel Consortium had been awarded the P170.6-billion contract to operate, maintain and rehabilitate NAIA. The consortium is comprised of San Miguel Holdings (a subsidiary of San Miguel [SMC 108.00, down 0.9%]), RMM Asian Logistics (a small company owned by Raymond Miller Moreno), RLW Aviation Development (a small company owned by Robert Lee Wong), and Incheon International Airport Corp. (a major South Korean airport operator). The consortium’s winning bid proposed giving 82.1% of NAIA’s revenue straight to the government, while also increasing NAIA’s annual passenger capacity from 32 million to 60 million. The initial contract to operate will be for 15 years, starting in H2/24, and could be extended for an additional 10 years. The deal is expected to generate P0.9 trillion in revenues for the government throughout the 15-year contract.
Winning is just the first step
Winning is just the first step, avoiding the obstacles and landmines will be the next.
Much better deal than Cha-cha
The successful conduct and outcome of the public bidding for the privatization and rehabilitation of the Ninoy Aquino International Airport (NAIA) could be the best argument to reject Charter change (Cha-cha). If only to lift the purported restrictive provisions of the 1987 Constitution as the casus belli for Cha-cha, the just concluded competitive public bidding to privatize NAIA gives impetus to our homegrown businessmen with foreign investors/partners to have the bold confidence on the Philippine economy.
P1.36 million shabu seized in Taguig
MANILA, Philippines — Anti-narcotics police officers arrested two drug suspects and seized 200 grams of methamphetamine hydrochloride or shabu valued at P1.36 million during a sting in Taguig City on Friday night.