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Calax re-bidding to lower investors’ confidence in PPP, PH, warn business groups

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Cavite-Laguna Expressway Route Map   http://www.dpwh.gov.ph

Eight business groups slammed on Tuesday the proposed re-bidding of the P35.4-billion Cavite Laguna Expressway (Calax) deal, stressing that such a move would be an “inopportune” and ill-advised decision that would once again put to question the credibility of the government’s Public-Private Partnership (PPP) program.

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

Ayala/Aboitiz group to Aquino on road project: Just make a choice

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

Just make a choice and if it is not us, we promise not to sue.

Posted: October 27th, 2014 in Latest Business Stories | Read More »

Aquino seeks business sector’s help

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President Benigno Aquino III  Malacañang Photo Bureau(file)

President Benigno Aquino III on Friday acknowledged that a lot of work has to be done in reforming the power sector and decongesting the Manila port, both pressing concerns that the business sector raised at an annual gathering of local and international industry and government leaders.

Posted: October 25th, 2014 in Latest Business Stories | Read More »

Solving energy crisis, port congestion yet to be crossed off Aquino to-do list

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President Benigno Aquino III. Photo by RYAN LEAGOGO/INQUIRER.net

President Benigno Aquino III on Friday assured the business sector that the government is addressing concerns on energy and port congestion although both are still a work in progress.

Posted: October 24th, 2014 in Latest Business Stories | Read More »

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 »

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