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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 »

AGI eyes Clark project

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The group of property tycoon Andrew Tan is considering to bid for a piece of 9,450-hectare Clark Green City in Pampanga, which is envisioned by the state-controlled Bases Conversion Development Authority (BCDA) to become the country’s first “smart, green and disaster-resilient” metropolis.

Posted: September 18th, 2014 in Headlines | Read More »

GSIS expects P1.7B from auction of 3 lots

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Roberto Vergara, GSIS president and general manager (Photo from gsis.gov.ph)

The state-run Government Service Insurance System (GSIS) expects to generate at least P1.7 billion from next week’s auction of three prime properties in the cities of Muntinlupa and Taguig, according to its top executive.

Posted: September 17th, 2014 in Latest Business Stories | Read More »

Aboitiz to bid for VisMin power production deals

Screengrab from www.aboitiz.com

Aboitiz Power Corp. plans to bid for the government-managed contracted capacities of at least three power facilities in Visayas and Mindanao, as part of the company’s move to tap privatization opportunities in the power sector.

Posted: September 13th, 2014 in Headlines,Latest Business Stories | Read More »

San Miguel to join bidding for big UK biscuits group

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Conglomerate San Miguel Corp. (SMC) is considering to expand into British snacks manufacturing by bidding for United Biscuits, seen as a potential big “reinvestment” into the traditional branded consumer staples business.

Posted: September 11th, 2014 in Headlines | Read More »

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