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Biz Buzz: Sticky middle ground

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On the reported “compromise” that’s shaping up between two proponents of separate connector roads linking the North and South Luzon expressways, the government seems to be getting impatient waiting for rivals San Miguel/Citra and Metro Pacific groups to resolve their differences on the P7-billion, five-kilometer common alignment on their own. After all, the government wants the project to get going in preparation for the Asia-Pacific Economic Cooperation (Apec) Summit to be hosted by the Philippines in 2015.

Posted: January 14th, 2013 in Headlines | Read More »

SMC, MPIC clash on road projects

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The San Miguel and Metro Pacific groups have struck a compromise on the P7-billion, five-kilometer common alignment for their respective North Luzon-South Luzon Expressway connector road projects, according to Inquirer sources.

Conglomerates Metro Pacific Investments Corp. (MPIC) and San Miguel Corp. are on a collision course again over differing proposals on how to fund and build the shared portion of two north-to-south connector roads.

Posted: November 26th, 2012 in Editor's Pick,Headlines | Read More »

Biz Buzz: Overweight, oversized

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So there was this big television and movie star who recently took a vacation overseas. She must have done a lot of shopping because, according to our source, she showed up at the airport for her flight back home with a lot of baggage—a lot more than what she had with her when she left for her vacation. (For the sake of our source, we won’t be revealing this destination. Suffice it to say that the location is a lovely country where a major Philippine airline flies to regularly.)

Posted: September 5th, 2012 in Headlines | Read More »

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