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All set for 2010 poll automation
Posted on June 10, 2009
After a month-long bidding, the Commission on Elections (Comelec) has awarded the poll automation contract to its lone qualifying bidder, ensuring that that the 2010 elections will be computerized.
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VAT proceeds to interconnect LRT 1 to MRT 3
Posted on August 27, 2008
THE government will use proceeds from the value-added tax (VAT) to fund the long-delayed Light Rail Transit North (LRT) extension project targeted for completion before she steps down in 2010.
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Mactan international airport’s terminal building to be upgraded to increase capacity
Posted on August 21, 2008
THE Mactan-Cebu International Airport is embarking on a P300-million renovation and upgrading of its lone terminal building in order to increase its capacity and improve services.
The project will expand the existing floor space in the terminal and the construction of additional passenger lounges and bays to accommodate more aircraft, including the wide-bodied long-haul airlines.
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RP, Thailand agree on amended air services pact
Posted on July 29, 2008
THE Philippines and Thailand successfully negotiated an amended air pact over the weekend.
Under the amended air services agreement (ASA) between the two countries, the seat entitlements for Manila-Thailand route went up by 1,700 more from the current 3,700, said Civil Aviation Board (CAB) deputy executive director Porvenir Porciuncula in an interview.
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State of the Nation Address 2008
Posted on July 29, 2008
Transcript of the State of the Nation Address of President Gloria Macapagal-Arroyo during the 2nd Regular Session of the Congress of the Republic of the Philippines on July 28, 2008.
Thank you, Speaker Nograles. Senate President Villar. Senators and Representatives. Vice President de Castro, President Ramos, Chief Justice Puno, members of the diplomatic corps, ladies and gentlemen:
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RP eyes P120 B from EVAT
Posted on July 22, 2008
The government expects to collect P119.588 billion from the expanded value-added taxes (EVAT) this year, rising dramatically from last year’s actual collection amounting to P88.934 billion.
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NAIA-3 services local flights in partial opening today
Posted on July 22, 2008
The controversial Ninoy Aquino International Airport (NAIA) Terminal 3 will be opened today to partial commercial operations with leading domestic carrier Cebu Pacific having five local flights.
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New Firm to Invest $15 M in Geothermal Projects in the Philippines
Posted on July 20, 2008
Biliran Geothermal Inc., an upstart joint venture between local firm Filtech Energy Drilling Corp. and Envent Holding Philippines Inc., a group of Icelandic companies, has committed to invest $15 million to develop a geothermal project in the Eastern Visayas region, a company official said.
FEDCO managing director Zosimo Sarmiento said the company and its partners from Iceland will pursue the construction of a geothermal plant in the area covering 22,394 hectares over a seven-year period.
The company estimated the capacity of the Biliran prospect at around 100 megawatts (MW) of geothermal energy. Read more
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2nd St. Luke’s hospital topped off
Posted on July 15, 2008
St. Luke’s Medical Center (SLMC) topped off its P9.5-billion hospital construction project in Global City, Taguig yesterday.
The construction of the 14-story hospital within a 1.6-hectare lot started in March last year led by real-estate developer Fort Bonifacio Development Corp. and engineering and construction company, First Balfour Inc.
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Manila still has one of lowest parking rates
Posted on July 14, 2008
UNREASONABLE parking rates? Complain if you’re in Sydney or Mumbai, since Manila is still among cities in the Asia-Pacific region offering relatively cheaper daily parking rates.
This was shown by a survey of real-estate firm Colliers International Inc., which released the results yesterday. But the comparison did not go into a parallel comparison, however, of the average per capita income of the countries surveyed to show the more realistic relative expensiveness of the rates.
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