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7 firms to bid for lease, development of SCTex Macangcung area lot—BCDA

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THE SUBIC-CLARK-TARLAC Expressway INQUIRER FILE PHOTO

Seven firms have expressed interest in bidding for the long-term lease and development of a two-hectare property along the 94-kilometer Subic-Clark-Tarlac Expressway (SCTEx), the state run Bases Conversion and Development Authority (BCDA) said.

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

In road daylight

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A few days ago the company called Manila North Tollways Corp. launched the second segment of its P12-billion project known as the “port connector road,” linking the congested Manila port area with NLEx—yes, the North Luzon Expressway.

Posted: March 13th, 2014 in Columnists,Inquirer Columns | Read More »

Firm to start work on NLEx segment Monday

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North Luzon Expressway. INQUIRER FILE PHOTO

The operator of the 84-kilometer North Luzon Expressway (NLEx) will formally begin construction today (Monday) of a new segment that will link the massive highway to the port area.

Posted: March 3rd, 2014 in Headlines | Read More »

Toll firm to offer bonds to fund future roadwork

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North Luzon Expressway. INQUIRER FILE PHOTO

Manila North Tollways Corp. (MNTC), the private operator of the North Luzon Expressway (NLEx), is expected to offer up to P7 billion in retail bonds to partly finance the construction of new toll roads in the capital through 2016, a company official said on Tuesday.

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

Naia Expressway contractor known Monday—DPWH

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INQUIRER FILE PHOTO

Who will win the P15.5-billion Ninoy Aquino International Airport Expressway project? Will it be the Manila North Tollways Corp. (MNTC) or the Optimal Infrastructure Development Inc. (OIDI)?

Posted: April 15th, 2013 in Latest Business Stories | Read More »

MVP, SMC units in dead heat over Naia project

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The concessionaire for the Ninoy Aquino International Airport (Naia) stage 2 expressway will be known this week once the Department of Public Works and Highways (DPWH) opens the financial bids of the two firms vying for the deal.

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

MPIC builds up P25-B war chest for investment

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Infrastructure holding firm Metro Pacific Investments Corp. has built up a war chest of P25 billion, which it is raring to invest in new acquisitions and the expansion of existing projects.

Posted: March 8th, 2013 in Headlines | Read More »

MNTC set to start 1st phase of Harbor Link

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Manuel V. Pangilinan-led Manila North Tollways Corp. (MNTC) is set to start construction on the section of the North Luzon Expressway (NLEx) that will create a direct link to MacArthur Highway.

Posted: February 8th, 2013 in Headlines | Read More »

Biz Buzz: From Fr. Doom to Dr. Boom

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Forget Davos. One of the most sought-after speakers in the financial world has landed on local shores (a week after gracing the World Economic Forum in the famous Swiss ski resort) to give his prognosis on the local and global economies.

Posted: January 30th, 2013 in Headlines | Read More »

Top CEOs bullish on Philippines

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A Filipino trader blows a horn during the last day of trading this year at the Philippine Stock Exchange in the financial district of Makati on Dec. 28, 2012. 2012 is claimed to be one of the best years ever for the Philippine economy, with the GDP expected to surpass 5 to 6 percent and the stock market ending the year on its 38th record high.  AP/AARON FAVILA

The year 2012 is claimed to be one of the best years ever for the Philippine economy, with the gross domestic product expected to surpass the government’s target of 5 to 6 percent and the stock market ending the year on its 38th record high, making it the second-best performing market in Asia behind Thailand.

Posted: December 30th, 2012 in Latest Business Stories,Photos & Videos | Read More »

Manila North Tollways Corp loses P8.4-M tax refund case

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Image from http://www.mntc.com/

The Court of Tax Appeals (CTA) dismissed the appeal by the Manila North Tollways Corporation that sought a P8.64-million tax refund it paid on behalf of one of its stockholders Egis Project SA (Egis), a sociedad anonima incorparted in France.

Posted: November 6th, 2012 in Latest Business Stories | Read More »

MNTC earmarks $400M for new NLEx sections

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Manila North Tollways Corp. (MNTC) has earmarked $400 million for the development of three new sections of the North Luzon Expressway (NLEx).
The new sections to be located in various parts of Metro Manila will make NLEx, the country’s oldest toll road, more accessible to the 160,000 vehicles that use the road daily.

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

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