Davao tycoon Dennis A. Uy’s Chelsea Logistics and Infrastructure Holdings Corporation has tapped former Philippine Airlines President Gilbert F. Santa Maria as the newest member of its board of directors as the firm tries to return to profitability. In a disclosure to the Philippine Stock...
Danish firm Copenhagen Infrastructure Partners (CIP) is eyeing to diversify its capital formation for renewable energy (RE) projects in the country, with its investment sight now expanding into solar and energy storage systems. The Danish firm first entered the Philippine market last year with its...
San Miguel-led New NAIA Infra Corporation (NNIC), the new private operator of the Ninoy Aquino International Airport has launched the official website and social media pages of NAIA as the transformation of the Philippines’ primary gateway begins. The new website, www.newnaia.com.ph, focuses on...
San Miguel Corp.’s New NAIA Infra Corp. (NNIC) has remitted its upfront payment for the Ninoy Aquino International Airport (NAIA) public-private partnership (PPP) project, the Department of Finance (DOF) said. In a statement, Finance Secretary Ralph G. Recto said the P30 billion payment, made...
The Legaspi Ballroom, on the second floor of the posh Makati Diamond Residences, was a lion’s den for journalists, with the head honchos of the airline industry, tourism, and airport officials in attendance. The Monday event, Aviation Forum, organized by the Economic Journalists Association of...
San Miguel-led New NAIA Infra Corporation (NNIC), the private entity assuming management of the Ninoy Aquino International Airport (NAIA) on September 14, assured the public that airport operations will continue as usual upon their takeover. In a statement, the firm said “Any future changes or...
A whopping investment of $3 billion (approximately P165 billion) will be injected by Danish firm Copenhagen Offshore Partners (COP) for the first 1,000 megawatts San Miguel Bay offshore wind project in Camarines Sur that it is targeting to bring on commercial stream by 2028. On prevailing rule of...
Cebu Pacific Air is asking San Miguel Corp.-led New NAIA Infrastructure Corporation (NNIC) to ensure that all necessary operational support and systems are in place before any terminal changes are implemented. In a statement, the country’s largest carrier said that while it fully supports the...
Data center developer A-FLOW, a joint venture between FLOW Digital Infrastructure (FLOW) and AyalaLand Logistics Holdings Corp. (ALLHC), has completed the structural framework of its new ML1 Data Center in Biñan, Laguna. ALLHC said the three-building carrier-neutral campus is designed to meet the...
Public schools in the Philippines are among the education facilities in Asia with low internet and computer access, according to a study from the Philippine Institute for Development Studies (PIDS). In a research paper titled “School Infrastructure in the Philippines: Where Are We Now and Where...
Department of Budget and Management Secretary Amenah F. Pangandaman urged government agencies (NGA) to fully utilize their budgets for infrastructure projects. “I urge all NGAs with infra projects to aim for 100 percent budget utilization so that we will sooner see the fruits of our Build Better...
(MANILA BULLETIN) The additional P6.4 billion earmarked for the Tourism Road Infrastructure Program (TRIP) under the 2025 National Expenditure Program (NEP) will have a two-fold impact, Quezon City 4th district Rep. Marvin Rillo said. First,...
