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Phl AirAsia restarts Clark-Kalibo flights

http://www.philstar.com/business/2017/02/05/1669102/phl-airasia-restarts-clark-kalibo-flights MANILA, Philippines –  Low-cost carrier Philippines AirAsia will restart flights from Clark International Airport in Pampanga to Kalibo in Aklan to serve passengers going to the tourist destination of Boracay Island. In a statement, Philippines AirAsia said the flights would be available three times per week, or on Monday, Tuesday and Friday beginning March […]

Air travel growth lags GDP due to NAIA constraints

http://www.bworldonline.com/content.php?section=Economy&title=Air-travel-growth-lags-GDP-due-to-NAIA-constraints&id=140190 THE PHILIPPINES will eventually need to build a new airport to accommodate increasing passenger traffic, the Center for Asia Pacific Aviation (CAPA) said in a report, but should immediately implement measures to decongest the country’s main gateway like transitioning to a single runway operation and increasing capacity through upgrades of its four terminals. In […]

Chinese trade execs to firm up infra deals

https://business.inquirer.net/224127/chinese-trade-execs-firm-infra-deals China’s top trade officials as well as a business delegation will be in Manila on Feb. 23-24, to firm up financing commitments for big-ticket infrastructure projects in the country, the Department of Finance (DOF) said on Sunday. In a statement, Finance Secretary Carlos G. Dominguez III said he told China’s commerce minister Gao Hucheng […]

Ayala Corp hopes Duterte infra projects take off soon

MANILA, Philippines –  Ayala Corp. hopes the Duterte administration’s planned infrastructure projects would soon hit the road running, saying that the country badly needs new railway systems, roads, bridges and airports. The Duterte administration is facing hurdles for its infrastructure projects. For instance, House Speaker Pantaleon Alvarez questioned the administration’s first public-private partnership (PPP) project, […]

PPA bats for Ro-Ro system

MANILA, Philippines –  The Philippine Ports Authority (PPA) is making a renewed push for the Roll on-Roll off (Ro-Ro) port system to heed the private sector’s call to improve facilities as operators are modernizing their fleet. PPA general manager Jay Daniel Santiago said his agency is collaborating with the Manila Sports Car Club to traverse […]

$5.5-M Concepcion port rehabilitation ready for bidding

http://www.bworldonline.com/content.php?section=Economy&title=$5.5-M-Concepcion-port-rehabilitation-ready-for-bidding&id=140124 ILOILO CITY — Bidding will soon be opened for the $5.5-million Northern Iloilo Fishery Rehabilitation and Development Project, located in Concepcion town in Iloilo province, following the green light for funding from the Korea International Cooperation Agency (KOICA). KOICA Country Director Shin Myung Seop, Iloilo Gov. Arthur D. Defensor Sr. and Concepcion Mayor Millard […]

Firm offers plan to build P52-B elevated highway

MANILA, Philippines – AKH General Contractor, a civil engineering company, plans to build a P52 billion elevated highway that would connect the cities of Manila to Taguig through the Pasig River. The company, owned by Filipino-Chinese businessman Armando Khong Hun, has submitted to the Duterte administration an unsolicited proposal for the project last year and […]

Gov’t reviews 3 major road projects

The government wants a closer look at three major road projects, including Davao City’s first expressway and a tollroad in Metro Manila that would link the cities of Manila, Makati, Pasig and Marikina. Information released by the Department of Public Works and Highways showed that its secretary, Mark Villar, had authorized the procurement of consulting […]

Megawide-led group targets Q1 groundbreaking for ITS

MANILA, Philippines – MWM Terminals, the consortium of Megawide Construction Corp. and WM Property Management Inc., expects to break ground on the P2.5-billion Integrated Transport System (ITS) – Southwest public-private partnership (PPP) project within the first quarter. Megawide said the consortium plans the groundbreaking for the project within this quarter. Last October, the Department of […]

Iloilo malls switch to solar energy

Robinson’s Place and Gaisano Mall in Iloilo City have already switched to solar energy to contribute to cutting carbon emissions ILOILO CITY, Philippines – To cut the high cost of electricity in the city, more establishments here are converting to clean energy, specifically solar power. Despite the recent drop in power rates from around P13.50 […]