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Airport PPP projects to be auctioned off

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The government is looking at auctioning off several provincial airport public private partnership (PPP) deals later this year while authorizing the hiring of consultants to study the possibility of bidding out the country’s busiest airport, Ninoy Aquino International Airport in Manila.

Posted: June 5th, 2014 in Headlines | Read More »

Biz Buzz: More power

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The group of businessman Manuel V. Pangilinan, aka MVP, is making plans to build another 600-megawatt coal-fired power plant somewhere in Luzon as an alternative to the stalled power project of Redondo Peninsula Energy Inc. (RP Energy) in Subic.

Posted: June 2nd, 2014 in Columnists,Editor's Pick,Inquirer Columns | Read More »

Cebu groups back Mactan airport deal

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Representatives of 13 government and private agencies have expressed their support for the P17.5-billion expansion project of the Mactan-Cebu International Airport, sealing their commitment by signing an agreement with GMR-Megawide Cebu Airport Corp. last Friday.

Posted: June 2nd, 2014 in Headlines | Read More »

JG Summit ready to join SMC for airport project

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Gokongwei-led JG Summit Holdings, owner of dominant budget airline Cebu Pacific, is open to partnering with San Miguel Corp. should the government approve the latter’s proposed $10-billion international airport in Manila Bay, company president Lance Gokongwei said.

Posted: May 22nd, 2014 in Headlines | Read More »

Biz Buzz: Stubborn banks defy BSP

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In any industry, the word of the government regulator is the law. And when the law is laid down, industry players usually fall over themselves in a rush to comply with the new mandate.

Posted: May 19th, 2014 in Columnists,Inquirer Columns | Read More »

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