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VAT proceeds to interconnect LRT 1 to MRT 3
Posted on August 27, 2008 - Filed Under Transportation and Infrastructure | Leave a Comment
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 - Filed Under Transportation and Infrastructure | Leave a Comment
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 - 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.
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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.
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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 [...]
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.
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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.
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E-jeepneys make maiden commercial run in Makati
Posted on July 2, 2008 - Filed Under Transportation and Infrastructure | Leave a Comment
THE electric-powered jeepneys, or e-jeepneys, finally hit the streets of Makati City, the country’s business capital, following its inaugural commercial run Tuesday morning.
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Skyway project builder gets P14-B funding
Posted on June 30, 2008 - Filed Under Transportation and Infrastructure | Leave a Comment
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A syndicate of five banks agreed to provide a P14-billion loan facility to Citra Metro Manila Skyway Corp. to expand its elevated tollway from Bicutan to Alabang and refinance old debts.
The members of the loan consortium are Philippine National Bank, Allied Banking Corp., Land Bank of the Philippines, Union Bank of the Philippines and [...]
Arroyo home from US visit, lands at NAIA 3
Posted on June 30, 2008 - Filed Under Transportation and Infrastructure | Leave a Comment
President Arroyo and her official party on Monday arrived from their 10-day visit to the United States at the newly opened Terminal 3 of the Ninoy Aquino International Airport in Pasay City.
It was almost 3 a.m. when Philippine Airlines flight PR 105 touched down at the NAIA and deplaned its passengers on Terminal 3 as [...]
