Home Tags Denise A. Valdez

Tag: Denise A. Valdez

PCC: Draft common tower policy is anti-competitive

THE Philippine Competition Commission (PCC) on Tuesday said the draft policy on common towers, crafted by the Department of Information and Communications Technology (DICT) and National Telecommunications Commission (NTC), may be anti-competitive as it allows only two tower companies to operate in the first four years of its implementation.

ATI nets P788M in Q3

ASIAN Terminals, Inc. (ATI) reported its attributable net income increased by 36% to P788 million in the third quarter, fueled by robust revenues from its operations.

Toll rate adjustment at MCX filed

THE Toll Regulatory Board (TRB) said toll road operator Ayala Corp. petitioned for a periodic toll rate adjustment at the Muntinlupa-Cavite Expressway (MCX) as provisional relief provided in its concession agreement with the government.

MIT study counts PHL among those primed for 5G

WITH THE EXPECTED rollout of fifth-generation wireless (5G) networks as early as next year, senior executives in the Philippines surveyed by MIT Technology Review said they expect the technology to boost several industries in the country, led by financial services, manufacturing and retail sectors.

ICTSI offers to develop 2 Iloilo ports

INTERNATIONAL Container Terminal Services, Inc. (ICTSI) said it submitted to the government an unsolicited proposal to develop the Iloilo Port Complex and the Port of Dumangas in Iloilo.

Lazada plans bigger warehouse in Clark

LAZADA Philippines is eyeing to build a bigger facility in Clark, Pampanga and four more warehouses in different regions in the country in the next three to five years to support its growing business in the Philippines.

Lazada PHL sees record sales from 11.11 event

LAZADA Philippines expects sales from its annual Nov. 11 shopping event on Sunday to double the previous year’s figure, as budget-conscious Filipino consumers flocked to the website to avail of massive discounts on a wide array of products ranging from gadgets to diapers.

Mislatel refutes Singson-led group’s allegation over contract breach

MISLATEL Consortium, the government’s declared provisional new major telco player after last week’s bidding, fired back at one of its competitors that sought to invalidate its win through a motion for reconsideration (MR) filed with the National Telecommunications Commission (NTC).

ABS-CBN’s DTT service now available in Batangas

ABS-CBN Corp. said it has expanded the coverage of its digital terrestrial television (DTT) service to include Batangas.

2 groups submit bids for Clark airport O&M

AIRPORT operators from Singapore and Indonesia have teamed up with local companies to submit on Friday competing bids for the Clark International Airport operations and maintenance (O&M) contract.

Failed 3rd telco bidders file motion for reconsideration

THE two participants who were disqualified from bidding for the new major telco player have asked the National Telecommunications Commission (NTC) to reconsider its decisions.

PAL operator trims losses in Q3

THE operator of Philippine Airlines (PAL) trimmed its attributable net loss by 15% to P2.54 billion in the third quarter.

Cebu Air swings to P518M loss in Q3

CEBU AIR, Inc. swung to a P518.4-million net loss in the third quarter from a P42-million profit a year ago, amid the continued rise in fuel prices and weakness of the Philippine peso against the US dollar.

Fitch flags constraints to telco competition

THE IMPENDING ADDITION to the Philippines’ list of major telecommunications service providers notwithstanding, the new entrant faces systemic constraints to full-blown competition, Fitch Ratings said in a Nov. 7 note e-mailed to journalists on Thursday.

PLDT: 3rd player not a threat yet

PLDT, Inc. said on Thursday it does not expect an immediate significant impact from the entry of a new major telecommunications player, as it would take several years for the latter to establish its network.

Several NAIA flights cancelled for navigational system transition

SEVERAL international and domestic flights at the Ninoy Aquino International Airport (NAIA) next week have been cancelled by airlines upon the request of the Civil Aviation Authority of the Philippines (CAAP) to give way to an air navigational system transition.

Gov’t names provisional 3rd major telco

A CONSORTIUM formed by China Telecommunications Corp., Dennis A. Uy’s Udenna Corp. and its subsidiary Chelsea Logistics Holdings Corp. and franchise holder Mindanao Islamic Telephone Company, Inc. (Mislatel) emerged as provisional winner in the government’s search for the country’s third major telecommunications service provider after its two contenders were disqualified.

ICTSI income rises 22% in 3rd quarter

INTERNATIONAL Container Terminal Services, Inc. (ICTSI) posted a 22% increase in its net attributable income in the third quarter to $55.62 million, fuelled by higher revenues from port operations.

Citizen data scientists seen increasing

THE NUMBER of available data scientists around the world may soon not be enough to address the growing demand for expertise in the field, and eventually result in the rise of more citizen data scientists (CDS) to help do the job, ASG Technologies Group, Inc. said.

Cebu Pacific expands contract with AFI KLM

CEBU PACIFIC said on Wednesday, it is expanding its contract with aircraft maintenance provider Air France Industries KLM Engineering & Maintenance (AFI KLM E&M) to cover 39 more planes.

Globe profit up 3% in Q3

GLOBE TELECOM, Inc. reported its net income grew 3% during the third quarter to P5.02 billion, driven by an 11% increase in revenues from its expanding customer base.

Win or lose, Singson-led consortium will pursue telco expansion

WHATEVER the result of the government’s bidding for a new major telco player will be, the consortium led by former Ilocos Sur Gov. Luis “Chavit” C. Singson said it will still pursue the expansion of its business, which involves the deployment of portable Wi-Fi hotspots connected to a satellite.

Gov’t to open third-player bids today

THE GOVERNMENT is set to open bids today to kick of the selection of the new entrant to the telecommunications industry -- the so-called “third player” -- amid limited participation by foreign firms, a key withdrawal from the selection process by a domestic firm -- and a legal challenge.

PLDT to launch 5G cell site in Clark

PLDT, Inc., Smart Communications, Inc. and Ericsson will fire up the country’s first fifth generation (5G) cell site in Clark, Pampanga within the month.

CAVITEx operator seeks 20-centavo toll rate hike

THE operator of the Cavite Expressway (CAVITEx) and the Philippine Reclamation Authority (PRA) are seeking to implement a 20-centavo per kilometer toll rate hike to recoup its P800-million investment in increasing the capacity of the R-1 Expressway.

PPA to decide on CLC’s unsolicited proposal for Sasa port by...

THE PHILIPPINE Ports Authority (PPA) is aiming to make a decision on Chelsea Logistics Holdings Corp.’s (CLC) P11.2-billion unsolicited proposal for the development of Sasa port in Davao City before the year ends.

Transport dep’t seeks jeepney fare hike review

THE Department of Transportation (DoTr) will ask the Land Transportation Franchising and Regulatory Board (LTFRB) to review the jeepney fare hike approved two weeks ago in the face of receding world crude oil prices.

China loan for Subic-Clark rail may not be ready by Xi...

THE Department of Transportation (DoTr) said a commercial agreement with China for the Subic-Clark Railway may not be ready for signing when Chinese President Xi Jinping visits next month.

Converge ICT, AMA buy 3rd telco bid documents

TWO more companies have solidified their interest in participating in the government’s bid for a new major telecommunications player, the National Telecommunications Commission (NTC) said on Wednesday.

Singson-led group invests in broadband satellite operator

THE consortium led by former politician Luis “Chavit” C. Singson’s LCS Group of Companies and TierOne Communications International, Inc. has acquired a stake in a broadband satellite operator, saying this deal will allow it to provide broadband services in the Philippines at a lower cost.

Grab partners with Booking

GRAB HOLDINGS, Inc. said it is partnering with travel company Booking Holdings, Inc., which would allow Grab users to book travel-related services on the app and pay through GrabPay.

DICT, Kaspersky Lab ink cybersecurity deal

THE Philippines is partnering with Russia-based cybersecurity company Kaspersky Lab to boost government efforts in ensuring information security in the country.

PT&T says it no longer has NTC obligations

PHILIPPINE Telegraph and Telephone Corp. (PT&T) said it has paid all its liabilities with the National Telecommunications Commission (NTC), ahead of its participation in the bidding for a new major telco player next month.

ATI secures new ISO certification

ASIAN Terminals, Inc. (ATI) on Monday said it is now ISO 45001:2018 certified, making it the first international port operator in the Philippines to receive the top-tier certification in occupational health and safety.

PHL, Japan to sign ODA deal for MRT rehabilitation in Nov.

THE Department of Transportation (DoTr) on Sunday said it is ready to sign an agreement with the Japanese government for the use of official development assistance (ODA) to fund the rehabilitation of the Metro Rail Transit Line 3 (MRT-3) following the initial roll out of new trains.

ABS-CBN shows to air in Vietnam, Myanmar

ABS-CBN Corp. said it signed new contracts with media companies in Vietnam and Myanmar to bring its drama content to more viewers outside the Philippines.

TV-sync tech firm sees boost from Filipino viewing habits

A MARKETING technology company said the continuing patronization of Filipinos of television is boosting its business in the country, with the firm offering advertisers the technology to launch digital campaigns in sync with TV content.

MPTC to invest $20M in Indonesian toll road

THE Metro Pacific Tollways Corp. (MPTC) said it is investing around $20 million for a new project under its Indonesian subsidiary PT Nusantara Infrastructure Tbk.

ABS-CBN forges deal with JKN Global

ABS-CBN Corp. said it signed a deal with Thai content provider JKN Global Media Public Co. Ltd., which will broadcast more Filipino shows in Thailand and Laos.

DoTr plans to bid out MRT-3 rehabilitation

THE Department of Transportation (DoTr) said it is looking to bid out the rehabilitation and maintenance of the Metro Rail Transit Line 3 (MRT-3) by year’s end, despite an unsolicited proposal from Metro Pacific Investments Corp. (MPIC).

NLEX Harbor Link mainline gains 100% right of way, set to...

THE North Luzon Expressway (NLEx) Harbor Link Segment 10 mainline is slated to open in December after the Department of Public Works and Highways (DPWH) successfully completed the delivery of right-of-way for the alignment of the toll road.

SRA reports 18% drop in sugar prices

THE Sugar Regulatory Administration (SRA) said on Friday the farm-gate price of sugar fell 18% this month to P1,634.58 per 50 kilograms from P2,003.60 in July.

Cavite barge terminal to begin full operations in November

THE Cavite barge terminal, privately funded by International Container Terminal Services Inc. (ICTSI), is set to begin full operations next month, the Department of Transportation (DoTr) said on Friday.

LTFRB OK’s bus, jeepney fare hikes

THE LAND TRANSPORTATION Franchising and Regulatory Board (LTFRB) on Thursday approved fare increases for public utility vehicles (PUV), prompting the country’s biggest labor group to press for a wage hike for Metro Manila’s private sector workers at a time of successive multiyear-high monthly inflation rates.

SMHC to pay for right-of-way acquisition, permits for airport

SAN MIGUEL Holdings Corp. (SMHC) has committed to shouldering the costs for right-of-way acquisition and local government permits for its proposed New Manila International Airport in Bulacan in order to secure the go signal from the Department of Transportation (DoTr).