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No acceptable offers for 500,000-metric-ton rice import at NFA bidding

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INQUIRER FILE PHOTO

The Philippines failed to secure acceptable offers for its planned importation of 500,000 metric tons (MT) of rice, as the tender conducted by the National Food Authority on Wednesday (Aug. 27) yielded bids with prices higher than the approved budget for the contracts (ABC).

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

BCDA to auction off Villamor lot

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BCDA-0725

State-run Bases Conversion and Development Authority (BCDA) targets to attract property developers to bid for a 5,000-square meter lot at the Villamor driving range, one of the last few blocks at the former airbase that are being put up for auction.

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

Palace urged to follow BOT law in Calax row

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Ayala Corp. and Aboitiz Land Inc. again urged President Aquino to uphold the strict implementation of bidding rules for the 45-kilometer Cavite-Laguna Expressway (Calax) public-private partnership (PPP) deal, where their consortium is the frontrunner, amid a row between the government and disqualified conglomerate San Miguel Corp.

Posted: July 24th, 2014 in Headlines | Read More »

Awarding of LRT-1 PPP set tomorrow

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Light Rail Transit (LRT) Line 1 FILE PHOTO

The bids and awards committee of the Department of Transportation and Communications (DOTC) issued Monday a recommendation to award the P65-billion Light Rail Transit Line 1 (LRT-1) public private partnership (PPP) deal, a key step before the sole bidding group, led by Metro Pacific Investments Corp. and Ayala Corp., can win the project.

Posted: July 22nd, 2014 in Editor's Pick,Headlines,Photos & Videos | Read More »

LRT contract bidding moved

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The Light Rail Transit Authority has deferred the bidding for the P423-million contract to maintain the Light Rail Transit Line 1 for a year, saying more time was needed to review bidding documents.

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

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