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Tag: Denise A. Valdez

Kaspersky brings on-demand cybersecurity services for computers, phones to local

KASPERSKY LAB is bringing its on-demand cybersecurity solutions for computers and smart phones to the Philippines, with a partnership with Zed Philippines and Smart Communications, Inc.

Philippine Infradev subsidiary for subway project gets SEC nod

THE Securities and Exchange Commission (SEC) has approved the application of Philippine Infradev Holdings, Inc. (formerly IRC Properties, Inc.) to incorporate the Makati City Subway, Inc., which will take charge of its underground railway project in Makati City.

DICT to sign MoUs with 2 tower providers

TWO more common tower providers are scheduled to sign a memorandum of understanding (MoU) with the government in a bid to enter the Philippine market.

Smart teams up with Nokia for 5G

PLDT, INC.’s wireless unit Smart Communications, Inc. announced on Tuesday it is partnering with Nokia for the rollout of its fifth generation (5G) network in universities.

Stockholders approve Now Corp. equity restructuring

LISTED TELECOMMUNICATIONS firm Now Corp. said its stockholders approved its equity restructuring plan, which is aimed to erase its accumulated deficit.

Cebu Pacific adds flights from Clark

CEBU PACIFIC said it is adding new flights from its hubs in Clark and Cebu this year amid increasing demand.

PhilJets acquires 3 helicopters

PHILJETS GROUP said it is expanding its fleet with the acquisition of three new helicopters this year.

PNP-HPG to be deployed as gov’t gets tougher on illegal transport,...

THE PHILIPPINE National Police Highway Patrol Group (PNP-HPG) and several government agencies will intensify the crackdown on colorum vehicles and other causes of traffic congestion in the capital.

Voyager turnaround expected by 2021

PLDT, Inc. said it may have to wait until next year or 2021 to see a turnaround in Voyager Innovations, Inc., after the digital...

Partial operation of CALAX targeted by July

A UNIT OF Metro Pacific Tollways Corp. (MPTC) is targeting to open a portion of the Laguna section of the Cavite-Laguna Expressway (CALAX) by the third quarter, and is hoping to start the construction of the Cavite section in a few weeks.

21 firms show interest in Malolos-Clark railway contract

THE GOVERNMENT said 21 companies expressed interest in its auction for the contract to build the Malolos-Clark segment of the North-South Commuter Railway (NSCR) project, also called the Philippine National Railways (PNR) Clark Phase 2.

Dutch shipbuilding firm eyes PHL investment

THE government said a Dutch shipbuilding company is taking an interest in investing in the Philippines, and among the options it is looking into is working with the Philippine Navy and taking over the facility of Hanjin Hanjin Heavy Industries and Construction Philippines, Inc. (HHIC-Philippines) in Subic, Zambales.

NFA defends debt as part of food security mandate

THE National Food Authority (NFA) defended its total debt of P140.5 billion by end-2018 as the “cost of government’s commitment and policy to make rice available, affordable and accessible to the poor and marginalized sectors, and to stabilize palay and rice supply and prices at the farm and consumer levels.”

Cease and desist orders issued vs fast food chains in Calapan

THE Department of Environment and Natural Resources (DENR) on Friday said it ordered the shutdown of three fast food restaurants in Calapan City, Oriental Mindoro for violation of its standards on waste discharge.

PLDT allots record P78-billion capex for 2019

PLDT, Inc. is allocating a record P78.4 billion in capital expenditures (capex) for this year, 34% higher than last year’s figure, as the telecommunications giant ramps up its network expansion amid the impending entry of a new player.

ICTSI sets aside $380 million for 2019 capex

INTERNATIONAL CONTAINER Terminal Services, Inc. (ICTSI) is allotting around $380 million for capital expenditure (capex) this year, 45% lower than the $261.3 million the company spent in 2018.

NLEX gets green light to raise toll fees

NLEX Corp. will implement a higher toll fee at the North Luzon Expressway (NLEx) starting March 20.

Metrojet invests $25M in Clark facility

METROJET LTD. started on Wednesday the construction of its aviation parking and maintenance facility in Clark, Pampanga, targeting its opening by second quarter of 2020.

Cebu Pacific to mount flights from Manila to Marinduque in April

CEBU PACIFIC announced on Wednesday it will start flights between Manila and Marinduque next month through its subsidiary Cebgo.

Local start-up allows commuters to work as part-time couriers in transit

A NEW MOBILE application developed by a local start-up company aims to join the growing industry of mobile-integrated logistics shipping.

PHL’s 4G availability improves — report

A RECENT report said the availability of fourth generation (4G) network in the Philippines is getting better, but while video experience, broadband speed and latency experience has also shown improvement, these still lag behind the rest of the world.

NLEX sets P16-B revenue target

NLEX CORP. is targeting to generate P16 billion in revenues this year, with the opening of the North Luzon Expressway (NLEx) Harbor Link Segment 10.

Cavite extension of LRT-1 to begin construction next month

THE construction of the Light Rail Transit Line 1 (LRT-1) extension to Cavite is scheduled to begin next month, the Department of Transportation (DoTr) said.

NEDA final hurdle for Mindanao railway before China ODA

THE DEPARTMENT of Transportation (DoTr) said it expects to make significant progress in securing official development assistance (ODA) from China for the Mindanao Railway Project this month.

Aboitiz gets original proponent status for Laguindingan airport

ABOITIZ INFRACAPITAL, Inc. has been awarded original proponent status (OPS) by the Civil Aviation Authority of the Philippines (CAAP) for its proposal to develop the Laguindingan airport, a top official from the Department of Transportation (DoTr) said.

PLDT, Smart keep top spot as fastest fixed, mobile network in...

PLDT, Inc. and its wireless arm Smart Communications, Inc. kept the top spot as the fastest fixed and mobile network in the country, according to Ookla’s speed testing study during the second half of 2018.

MARINA drawing up incentives for shipbuilding and repair industry

THE MARITIME industry regulator said it wants to attract private organizations to continue engaging in shipbuilding and repair by developing a scheme of tax incentives.

Honasan may not take on DICT post

FOLLOWING his nomination by Malacañang late last year to take the reins at the Department of Information and Communications Technology (DICT), Senator Gregorio B. Honasan II seems uninterested in the post as his appointment lapsed due to his failure to submit required documents.

PayMaya says digital payments available at Panagbenga Festival

PAYMAYA Philippines, Inc. is partnering with the Baguio Flower Festival Foundation, Inc. (BFFFI), to allow quick response (QR) payments during the annual Panagbenga Festival in Baguio City.

NLEX breaks ground on connector road, opens Harbor Link Segment 10

NLEX Corp. began on Thursday the construction of the connector road linking the North Luzon Expressway (NLEx) to the South Luzon Expressway (SLEx) as it opened the NLEx Harbor Link Segment 10 to the public.

LatAm firm inks MoU with DICT

A LATIN American (LatAm) firm is joining the growing pool of common tower providers that the government is committing to assist in regulatory compliance to operate in the country.

Five more subway contracts to be offered to bidders this year

THE Department of Transportation (DoTr) said it will solicit bids to construct five more sections of the Metro Manila Subway this year after it broke ground on the first segment Wednesday.

Construction delays hit GenSan solar power plant

HARBOR STAR Shipping Services, Inc. on Tuesday said the commissioning of a subsidiary’s solar power plant project in General Santos City has been pushed back to next month, due to construction delays.

Cavite gov’t to submit revised Sangley airport proposal this week

THE PROVINCIAL government of Cavite said it is “almost ready” to submit to the national government its revised proposal to develop an airport in the former US naval facility at Sangley Point.

Service reliability is key for Mislatel to break Philippine telco duopoly

A GLOBAL NONPROFIT organization dedicated to studying the internet said the Mislatel Consortium, which is preparing to become the Philippines’ third telecommunications provider, will have to prove itself in terms of service reliability before it can grab market share from the current leaders.

Transport dep’t calls for groups to bid for Malolos-Clark railway

THE DEPARTMENT of Transportation is inviting groups to bid for the construction of the Malolos-Clark segment of the P777.55-billion North-South Commuter Railway (NSCR) project.

Construction of Metro Manila subway’s first three stations set to begin...

THE DEPARTMENT of Transportation (DoTr) has sealed the design and build contract for the first three stations of the Metro Manila Subway Project, which is scheduled to break ground on Wednesday, Feb. 27.

DPWH feasibility study for Quezon-Bicol road due March

THE Department of Public Works and Highways (DPWH) said it has completed its feasibility study for the Quezon-Bicol Expressway (QBEx) and is looking to submit the documentation to the National Economic and Development Authority (NEDA) next month.

GMA to invest P1B for network digitization

GMA Network, Inc. said it is earmarking more than P1 billion for the second phase of its efforts to digitize its operations.

PAL to upgrade passenger service system

PHILIPPINE Airlines (PAL) said it is preparing to upgrade its passenger service system in line with efforts to secure a five-star rating.

Beep card reloading can soon be done online

AF Payments, Inc., the company behind “beep” cards, said on Friday it is tapping local firm Justpayto Philippines Corp. (Justpay.to) to allow online reloading in its tap-and-go payment system.

MARINA renews Japan training program for sea instructors

THE governments of the Philippines and Japan have agreed to renew their partnership for the education and training of Filipino professionals in the maritime sector.

Swiss challenge for CTBEx, TPLEx targeted in first half

THE DEPARTMENT of Public Works and Highways (DPWH) is readying the Swiss challenge for two unsolicited proposals by the Metro Pacific and San Miguel groups by the first half of the year.

Infrastructure demand lures tower companies

A TOTAL OF four tower companies have signed memoranda of understanding (MoU) with the Department of Information and Communications Technology (DICT) this week as high demand for towers in the country makes the Philippines an attractive market.

NLEx Harbor Link to open on February 26

THE Department of Public Works and Highways (DPWH) said the North Luzon Expressway (NLEx) Harbor Link Segment 10 will officially open on Tuesday (Feb. 26).