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P18-B roadwork now a year behind schedule

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Metro Pacific Tollways Corp. now expects construction of the P18-billion connector road project in Metro Manila to start in 2015—at least a year behind schedule—due to regulatory delays and the recently resolved disagreement within the government on how the project should be implemented.

Posted: July 23rd, 2014 in Headlines | Read More »

Biz Buzz: The bee’s new era

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tony-tan-caktiong

His retirement was announced a year ago but when it was time for him to step down as chief executive officer of Jollibee Foods Corp., there wasn’t any fanfare or moving tribute during his last stockholders’ meeting as CEO last Friday befitting the man who had led the homegrown company to become an international fast-food giant.

Posted: June 30th, 2014 in Columnists,Inquirer Columns | Read More »

MVP firm wants San Miguel disqualified from Calax bidding

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At least one group is seeking the disqualification of San Miguel Corp.’s Optimal Infrastructure Development Inc. in the bidding for the 47-kilometer Cavite-Laguna Expressway (Calax) public private partnership (PPP) project for allegedly submitting a non-compliant bid on Monday.

Posted: June 4th, 2014 in Headlines | Read More »

MNTC offers retail bonds to raise funds for NLEX project

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North Luzon Expressway. INQUIRER FILE PHOTO

North Luzon Expressway Manila North Tollways Corp. debuted on the local bond market on Wednesday with a retail bond offering of up to P7 billion, making history as the first unlisted local company to tap the local bond market.

Posted: March 19th, 2014 in Latest Business Stories | Read More »

MVP group plans to jack up stake in NLEx operator to 75%

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North Luzon Expressway. INQUIRER FILE PHOTO

The group of businessman Manuel V. Pangilinan is set to further increase its stake in the operator of the 90-kilometer North Luzon Expressway as it undertakes a massive two-year expansion of the major tollroad serving Metro Manila, a top official said.

Posted: March 6th, 2014 in Latest Business Stories | Read More »

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