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NAIA consortium willing to shorten concession period

19h bworldonline
A CONSORTIUM composed of the country’s biggest conglomerates is willing to reduce its proposed concession period for the rehabilitation of the Ninoy Aquino International Airport (NAIA), but warned this would make the construction of a third runway unlikely. (20-0)

NAIA consortium open to reducing concession period for airport rehab project

2018-03-21 bworldonline
The consortium of corporations bidding to rehabilitate the Ninoy Aquino International Airport (NAIA) said they are open to reducing the concession open period for their proposal. (11-0)

NAIA consortium eyes December to receive proponent status for proposal

2018-03-21 bworldonline
The consortium that wants to rehabilitate the Ninoy Aquino International Airport (NAIA) eyes receiving original proponent status (OPS) for their proposal by year-end. (8-0)

Another casino set to open in Boracay

2018-03-20 bworldonline
APART from Macau casino operator Galaxy Entertainment Group Ltd.’s planned integrated resort complex, a new casino will rise on Boracay Island as part of a growing number of new gaming facilities being set up outside the capital that can allow the Philippines to tap the potential of the growing premium Chinese mass market. (6-0)

Megaworld set to turn over P30-B projects in Fort Bonifacio

2018-03-19 bworldonline
MEGAWORLD Corp. will be turning over P30 billion worth of projects located across three of its townships in Fort Bonifacio, Taguig City this year. (31-0)

Consortium’s NAIA offer deemed complete

A consortium of the country’s largest conglomerates announced on Thursday that its offer to upgrade and operate Manila’s Ninoy Aquino International Airport (Naia) was deemed “complete” by the Department of Transportation (DOTr). (7-0)

DoTr clears NAIA ‘super consortium’s proposal for evaluation

2018-03-15 bworldonline
The Department of Transportation (DoTr) has completed the evaluation of the bid of the “super consortium” of conglomerates to rehabilitate the Ninoy Aquino International Airport (NAIA), the group said. (11-0)

Malaysian firms seeking to participate in building program

2018-03-12 bworldonline
MALAYSIAN businesses are hoping to play a role in the government’s infrastructure program, the country’s Trade Minister Mustapa Mohamed said, with some firms already with their foot at the door in the airports segment. (32-0)

NAIA rehab bidder cites project urgency amid rising demand

2018-03-11 bworldonline
THE CONSORTIUM bidding to rehabilitate the Ninoy Aquino International Airport (NAIA) for P350 billion said the government could speed up the process of approving its proposal, to keep up with the number of passengers set to use the terminal by 2020. (16-0)

Twelve Filipinos make it to Forbes billionaires club

2018-03-07 bworldonline
HENRY SY, Sr., the founder of the SM Group of Companies, was named the Philippines’ richest man for the 10th straight year, leading 11 other Filipinos in the world’s billionaires’ club, according to an annual ranking published by Forbes magazine. (49-0)

Aboitiz unit offers to upgrade 4 airports

2018-03-07 bworldonline
THE infrastructure unit of the Aboitiz Group submitted an unsolicited proposal to modernize four key regional airports for close to P150 billion. (14-0)

Sy-Tieng group formalizes $12-B Sangley airport plan

2018-03-04 bworldonline
A CONSORTIUM composed of Solar Group’s Wilson Y. Tieng and tycoon Henry T. Sy, Sr. has submitted to the government its unsolicited proposal for a $12-billion airport in Sangley, Cavite. (30-0)

Super consortium’s Naia bid challenged

The tandem of Megawide Construction Corp. and India’s GMR Infrastructure yesterday served a formal notice that it would challenge the “super consortium” of seven Filipino conglomerates in the race to shape the destiny of the crown jewel of Philippine airports. (17-1)

McDonald’s PHL franchisee to spend P2B for new stores

2018-03-01 bworldonline
THE exclusive franchisee of the McDonald’s brand in the Philippines plans to spend up to P2 billion for the rollout of at least 40 new stores this year, following the double-digit growth in sales the company booked in 2017. (3-0)

NAIA rehab, upgrade bid heats up

2018-03-01 bworldonline
THE GROUP behind the ongoing upgrade of the Mactan-Cebu International Airport will go head-to-head against a consortium made up of some of the country’s biggest conglomerates in the bid to rehabilitate and upgrade Ninoy Aquino International Airport (NAIA), the country’s premier gateway. (17-1)

CUSIP: 01861B101