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Privatization revenues forecast to drop sharply

State revenues from the privatization of real estate and mining assets are expected to slow down sharply in the second half of President Aquino’s term with legal and operational issues keeping the government from unloading larger properties.

Posted: April 9th, 2014 in Headlines | Read More »

Privatized public services

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After years of government neglect and apathy, Manila North Harbor, the major seaport that links Metro Manila to the Visayas and Mindanao, has taken a new look that the country can be proud of. Early this month, Manila North Harbour Port Inc. (MNHPI), a joint venture of Harbour Center Port Holdings Inc. and San Miguel Corp., inaugurated the North Port Passenger Terminal Complex, a world-class terminal that can accommodate three million passengers a year.

Posted: November 8th, 2013 in Columnists,Inquirer Columns | Read More »

Gov’t urged to privatize ports sector

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Asian Terminals Inc. (ATI), which operates ports in Manila and Batangas, said profit dipped by a third in the nine months through September on a change in accounting policy while revenues were up..  AFP PHOTO

The South Luzon chambers of commerce have sought a level playing field in the ports business and urged the government to end the multiple and conflicting roles of the Philippine Ports Authority (PPA) as regulator, developer and competitor in maritime trade or port services.

Posted: July 25th, 2013 in Editor's Pick,Headlines | Read More »

DOTC eyes bundling of smaller airports for privatization

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Transportation and Communications Secretary Joseph Abaya: Our fault. INQUIRER FILE PHOTO

The government is considering the privatization of operating airports in Davao, Bacolod and Iloilo in a single package, Transportation Secretary Joseph Emilio Abaya said on Wednesday.

Posted: June 20th, 2013 in Headlines | Read More »

Meralco clinches deals in Africa

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meralco-logo

Manila Electric Co., the country’s largest power distribution utility, has gained a foothold in Africa as part of a consortium that bagged crucial deals to take over two electricity-distribution firms privatized by the Federal Republic of Nigeria.

Posted: April 19th, 2013 in Editor's Pick,Headlines | Read More »

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