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RP, Thailand agree on amended air services pact
Posted on July 29, 2008 - Filed Under Transportation and Infrastructure | Leave a Comment
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.
State of the Nation Address 2008
Posted on July 29, 2008 - Filed Under Business and Economy | Leave a Comment
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 [...]
RP eyes P120 B from EVAT
Posted on July 22, 2008 - Filed Under Business and Economy | Leave a Comment
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.
Read More..>>NAIA-3 services local flights in partial opening today
Posted on July 22, 2008 - Filed Under Transportation and Infrastructure | Leave a Comment
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.
Read More..>>New Firm to Invest $15 M in Geothermal Projects in the Philippines
Posted on July 20, 2008 - Filed Under Transportation and Infrastructure | Leave a Comment
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 [...]
2nd St. Luke’s hospital topped off
Posted on July 15, 2008 - Filed Under Business and Economy | Leave a Comment
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.
Manila still has one of lowest parking rates
Posted on July 14, 2008 - Filed Under Real Estate News | Leave a Comment
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 [...]
Alliance closes deal with Star Cruises
Posted on July 14, 2008 - Filed Under Real Estate News | Leave a Comment
ALLIANCE Global Group Inc. (AGI) is expected to close its joint venture deal with the world’s third-largest cruise operator Star Cruises Ltd. this month.
Read More..>>Filipino airline starts Bangkok, Singapore flights this month
Posted on July 14, 2008 - Filed Under Transportation and Infrastructure | Leave a Comment
TRANSGLOBAL Airways, a Filipino-owned airline company, is set to mount two major international flight routes via Clark effective July 22, 2008 for Clark-Bangkok-Clark and July 28 for the Clark-Singapore-Clark routes.
Read More..>>LRT Lines 1 and 2 won’t increase fares
Posted on July 10, 2008 - Filed Under Transportation and Infrastructure | Leave a Comment
RAILWAY fares for Lines 1 and 2 of the Light Railway Transit (LRT) will remain unchanged, the Light Rail Transit Authority (LRTA) said Wednesday.
“There is no plan to increase and there will be no fare increase,” said LRTA administrator Melquiades Robles.

