Makati City Mayor Nancy Binay slammed on Sunday, July 6, what she called the city 's previous administration 's “midnight deal” with the contractor of the Makati subway project worth P8.96 billion, giving full ownership of the project to the city government just days before her term...
Makati City is set to take full control of the Makati Subway Project, a move anticipated to increase the city’s assets and ensure long-term financial stability, a former local executive said. In a statement, former Makati Mayor Abby Binay-Campos stated that they anticipate arbitration at the...
With limited time remaining before its loan financing for the long-delayed Cebu bus rapid transit (BRT) expires, the World Bank has recommended downscaling the project under the watch of the newly elected provincial and city officials. “The pace of project implementation has slowed down...
The Department of Energy (DOE) is urging renewable energy (RE) developers to submit their infrastructure plans early for the fifth Green Energy Auction (GEA-5). In a statement on Tuesday, July 1, the DOE said the early submission aims to facilitate inter-agency coordination and minimize the risk of...
Ayala-led ACEN Corporation has secured a loan agreement with a Danish firm to develop the Philippines ' first large-scale offshore wind project. In a disclosure to the Philippine Stock Exchange on Tuesday, June 24, ACEN said the company executed a share purchase and loan agreement with CI NMF...
A wave of global acts and local talents took over the SM Mall of Asia (MOA) Arena as it celebrated numerous milestones and various forms of art in the venue. Home to premier live acts, the venue has become a top-of-mind space where the world-class stage becomes a sanctuary for the arts. Amongst...
Three major projects — focused on air navigation, telecommunications, and earth observation — worth a combined ₱63.6 billion have been added to the Public-Private Partnership (PPP) pipeline, bringing the total to ₱2.61 trillion. Documents shared by the PPP Center with reporters on Friday,...
Offshore wind investors from Spain, the United Kingdom, as well as other European countries are already storming out of the door when it comes to their targeted investments in the Philippines’ offshore wind sector, a highly placed source has affirmed. The source conveyed that “many European...
Razon-led East Zone concessionaire Manila Water Co. is wrapping up a vital water infrastructure project to provide an additional sustainable water supply to parts of Pasig, Pateros, and Taguig. In a statement on Tuesday, June 17, Manila Water reported that its raw water intake structure for the...
It is an understatement to say that “Project Runway” has been one of the favorite shows of today’s fashion creatives. The reality-competition TV series has become a platform for aspiring designers in the US and abroad to propel their careers and put their work on the map. Over the years, it...
On May 21, The Climate Reality Project Philippines held its first leg of Klima Eskwela at Caraga State University in Butuan City, Agusan del Norte. Designed to engage students in addressing the climate and plastic crises, Klima Eskwela is an offshoot project of the Climate Reality Philippines’...
The Department of Energy (DOE) announced that the Atlantic, Gulf & Pacific Co. of Manila Inc. (AG&P) is ready to help the Philippines in its pursuit of offshore wind (OSW) developments. In a statement on Wednesday, June 4, the DOE shared that AG&P would support the country’s port infrastructure,...
