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Philippine Airlines puts NAIA-2 annex plan on hold

16h bworldonline
PHILIPPINE AIRLINES (PAL) is putting on hold its plan to build an annex to the Ninoy Aquino International Airport (NAIA) Terminal 2, after the recent proposal of the “super consortium” of conglomerates to rehabilitate the whole airport system. (8-0)

Transport dep’t evaluation of NAIA rehab proposal may take 2 months

2018-02-18 bworldonline
THE Department of Transportation (DoTr) said it will take two months to evaluate a P350-billion proposal by a consortium of conglomerates to rehabilitate Ninoy Aquino International Airport (NAIA). (8-0)

Gov’t gets P350-B offer for NAIA rehab

2018-02-13 bworldonline
A CONSORTIUM composed of some of the country’s biggest conglomerates has submitted to the government a P350-billion unsolicited proposal for the rehabilitation, operation and maintenance of the Ninoy Aquino International Airport (NAIA). (36-1)

Group of PHL conglomerates submit proposal for NAIA rehab

2018-02-13 bworldonline
A group of the country’s seven biggest conglomerates submitted on Tuesday, Feb. 13, their unsolicited proposal to the Department of Transportation (DOTr) to rehabilitate the Ninoy Aquino International Airport (NAIA) and transform it into a regional airport hub. (13-0)

Megaworld notches double-digit growth in 2017, says official

2018-02-11 bworldonline
MEGAWORLD Corp. said earnings grew at a double-digit pace in 2017, citing general growth across its residential, office, leisure, and hospitality segments. (8-0)

Megaworld to introduce iTownship concept in Davao Park District

2018-02-08 bworldonline
MEGAWORLD Corp. is developing its first “smart” township in Mindanao, as it starts rolling out its iTownship concept nationwide. (4-0)

Infracorp expects go-signal for monorail by end-March

2018-02-07 bworldonline
INFRACORP Development, Inc. expects to secure original proponent status for its P3.8-billion monorail project connecting the Metro Rail Transit (MRT) Guadalupe Station to Fort Bonifacio by the end of March.  (4-0)

DoubleDragon to open Hotel101 in Boracay

2018-02-01 philstar
MANILA, Philippines — DoubleDragon Properties Corp. is building  Hotel101 Resort-Boracay, which is touted to become the biggest hotel in the Philippines in terms of room count. (5-1)

Hotel 101 breaks ground for Boracay resort

A consortium led by property developer Double Dragon Properties Corp. is breaking ground in Boracay Island for what will soon be the biggest hotel in the Philippines in terms of room count: a 1,001-room “eco-friendly” beachfront hotel under homegrown Hotel 101 brand. (3-0)

Megaworld to develop iTownships

2018-01-28 bworldonline
MEGAWORLD Corp. is currently developing a concept called iTownships, which seeks to digitize services in its existing estates and incorporate smart home technologies in individual units. (4-0)

The new face of Boracay

2018-01-23 philstar
It will be recalled in 2011, the Alliance Global Group, Inc. (AGI) of business tycoon Andrew Tan acquired for P5 billion a majority stake in Sobrepeña-led Fil-Estate Land Inc. That same year, AGI relaunched Fil-Estate Land as Global-Estate Resorts Inc. (GERI) to engage in the development of integrated tourism estates. In 2014, GERI was consolidated under Megaworld Corp. when the latter acquired AGI’s stake in GERI. (3-0)

Tourism investment gate opens

2018-01-10 beta.philstar
The Tourism Infrastructure and Enterprise Zone Authority (TIEZA) appears to be in a frenzy approving new tourism economic zones (TEZs) and promising the approval of many more this year. (6-0)

YearEnder: Private firms struggle to find role in Build Build Build

2017-12-26 philstar
MANILA, Philippines — It’s almost impossible not to talk about the domestic economy and the administration’s bold infrastructure agenda in the same breath as hopes of sustaining the faster-than-expected growth in recent quarters is firmly hinged on the administration’s promise of unflinching project delivery. (34-0)

Big firms team up for NAIA rehab

2017-12-21 bworldonline
SEVEN MAJOR COMPANIES, including some of the country’s biggest conglomerates, have formed a consortium to rehabilitate, operate and maintain Ninoy Aquino International Airport (NAIA), those listed among them said in separate disclosures on Thursday. (42-0)

PSEi recovers as investors pick up select stocks

2017-12-21 bworldonline
The bellwether Philippine Stock Exchange index (PSEi) gained 0.18% or 15.67 points to finish at 8,378.28. (32-0)