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San Miguel-led consortium wins ₱170.6-B contract to operate Naia | Lorenz S. Marasigan and Jovee Marie N. de la Cruz

The Department of Transportation (DOTr) issued on Friday the notice of award for the P170.6-billion Ninoy Aquino International Airport (Naia) deal to the San Miguel Corp.-led consortium. The deal, according to Transportation Undersecretary Timothy Batan, is expected to generate government revenues of about P900 billion over the course of its…

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Tycoons set sights on joint bid for MRT-3 operations

Tycoons Manuel V. Pangilinan and Ramon S. Ang may team up to bid for the privatization of Metro Rail Transit Line 3 (MRT-3). On Thursday, Pangilinan told reporters that he may initiate discussions with Ang for a possible joint bid to redevelop, operate and maintain the railway system. “I think…

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