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Aquino firm on rebidding for Calax

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President Banigno S. Aquino III joins fellow world leaders for the Leaders Retreat meeting during the 22nd Asia-Pacific Economic Cooperation (APEC) Leaders’ Meeting (AELM) at the Hongyan Hall of the International Conference Center (ICC) on Tuesday (November 11, 2014). Working with this year’s theme: "Shaping the Future through Asia-Pacific Partnership." APEC members have developed extensive and in-depth consensus on Advancing Regional Economic Integration, Promoting Innovative Development, Economic Reform and Growth, and Strengthening Comprehensive Connectivity and Infrastructure Development. (Photo by: Ryan Lim/ Malacañang Photo Bureau)

Saying that the government was out to “get the best deals” for the people, President Aquino on Tuesday night said he was firm on having a rebidding of the P35.4-billion Cavite-Laguna Expressway (Calax) project despite worries from business groups.

Posted: November 13th, 2014 in Featured Gallery,Headlines | Read More »

Biz Buzz: First SEC ‘satellite’

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Good news for those in need to do business with the Securities and Exchange Commission (SEC) but find it difficult to transact at its current head office in Ortigas (where locating parking space is a big challenge). The SEC is set to launch at Ali Mall Cubao’s government center Tuesday the first of a chain of satellite offices. This is in line with efforts to boost efforts to ease doing business in the country. The launch is also in time for the SEC’s 78th anniversary celebration.

Posted: November 10th, 2014 in Columnists,Inquirer Columns | Read More »

SC urged to stop Mactan airport rehab

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A group of businessmen asked the Supreme Court on Monday to stop a private consortium from undertaking the multibillion-peso expansion and rehabilitation project for the Mactan-Cebu International Airport (MCIA) that the Department of Transportation and Communications awarded last April. FILE PHOTO

A group of businessmen asked the Supreme Court on Monday to stop a private consortium from undertaking the multibillion-peso expansion and rehabilitation project for the Mactan-Cebu International Airport (MCIA) that the Department of Transportation and Communications awarded last April.

Posted: November 4th, 2014 in Editor's Pick,Featured Gallery,Headlines | Read More »

Calax re-bidding to lower investors’ confidence in PPP, PH, warn business groups

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Cavite-Laguna Expressway Route Map   http://www.dpwh.gov.ph

Eight business groups slammed on Tuesday the proposed re-bidding of the P35.4-billion Cavite Laguna Expressway (Calax) deal, stressing that such a move would be an “inopportune” and ill-advised decision that would once again put to question the credibility of the government’s Public-Private Partnership (PPP) program.

Posted: October 28th, 2014 in Latest Business Stories | Read More »

Fast-track LRT-2 deal post-award process, gov’t urged

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LRT Line 2. PHOTO FROM LRTA.GOV.PH

The government was urged to fast-track the post-awarding process for the contract to operate and maintain Light Rail Transit Line 2, as the original timeline placed the turnover during the term of the next administration.

Posted: October 22nd, 2014 in Editor's Pick,Headlines,Latest Business Stories | Read More »

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