The company that bagged the P15.5-billion Naia Expressway Phase II project hopes to start the construction of the tollroad in the next few weeks, San Miguel Corp. president Ramon Ang said Friday. San Miguel, which was awarded the project in May last year, will start with all the right-of-way requirements, Ang said. The [...]
By Miguel R. Camus
The government will defer the construction of the P2.7-billion Edsa-Taft flyover to give way to the Naia Expressway Phase II project to be built by conglomerate San Miguel Corp. (SMC).
San Miguel Corp. (SMC) is in talks with a South Korean firm for a possible partnership for the Ninoy Aquino International Airport (Naia) Expressway project, which the conglomerate won in a bidding last month.
By the staff
In 10 days—or right after the annual stockholders’ meeting of Ayala-led Bank of the Philippine Islands—the country’s most valuable bank will have a new president, investment banker Cezar Consing, who certainly has very big shoes to fill.
By Paolo G. Montecillo
The construction of the second phase of the Ninoy Aquino International Airport (Naia) Expressway is facing delays after the government granted interested investors six more weeks to submit their bids.
By Doris C. Dumlao
Conglomerate Ayala Corp. sold bulk of its treasury stocks overnight to build up cash as it embarks on a $1-billion five-year capital spending program for new businesses, particularly power generation and transport.