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SMC: P20-B Calax bid superior; but will respect Aquino decision

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Cavite-Laguna Expressway Route Map   PHOTO from www.dpwh.gov.ph

San Miguel Corp. maintained Thursday that it should be declared the winning bidder of the P35.4-billion Cavite-Laguna Expressway (CALAx) by virtue of having submitted the highest bid for the keys toll road project under the government’s public private partnership program.

Posted: October 23rd, 2014 in Latest Business Stories | Read More »

Aquino: PH economy can lose up to P23.3B in daily, 5-hour brownouts for 3 months

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President Benigno Aquino III. FILE PHOTO

President Benigno Aquino III on Wednesday warned that the economy could lose up to P23.3 billion in case of daily five-hour brownouts for three months next summer.

Posted: October 22nd, 2014 in Latest Business Stories | Read More »

Gov’t seen to lose P12B in Swiss challenge for Bonifacio South Pointe dev’t

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Screengrab from bcda.gov.ph

The Philippine government stands to lose as much as P12 billion if the state run Bases Conversion and Development Authority proceeds with the conduct of a Swiss challenge for the development of the 33.1-hectare Bonifacio South Pointe property in Taguig.

Posted: October 1st, 2014 in Latest Business Stories | Read More »

Aquino to businessmen: Nothing to fear of additional authority

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Benigno-Aquino-07282014

President Benigno Aquino III on Tuesday assured reportedly worried businessmen that the additional authority he is asking for will only address the country’s looming energy shortfall.

Posted: September 30th, 2014 in Latest Business Stories | Read More »

Belmonte agrees with Bayan Muna on lack of inclusive growth

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Speaker Feliciano Belmonte. INQUIRER FILE PHOTO

Speaker Feliciano Belmonte has agreed with the view of the political opposition that the Aquino administration has failed to spread the benefits of a robust economy in the last four years to majority of Filipinos.

Posted: September 28th, 2014 in Latest Business Stories | Read More »

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