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Cebu readies to welcome back tourists

Cebu readies to welcome back tourists
ttgasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ttgasia.com Daily Mail and Mail on Sunday newspapers.

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Megawide clinches contract, eyes civil works in March

SunStar
+
January 11, 2021
MEGAWIDE Construction Corp. on Monday, Jan. 11, 2021, signed a joint venture agreement with the Cebu City Government for the phased redevelopment of the Carbon Public Market.
Megawide, parent firm of Mactan-Cebu International Airport (MCIA) concessionalre GMR Megawide Cebu Airport Corp., said in a disclosure that it will invest P5.5 billion in the project. Civil works will start in March 2021.
“Our target (groundbreaking) date is in March and tuloy-tuloy na (we will continue with the civil works),” Megawide chief corporate affairs and branding officer Manuel Louie Ferrer said.
The City Government, on the other hand, granted Megawide exclusive use and possession of the project site. ....

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GMR-Megawide Under Probe By Philippines Authorities On Anti- Dummy Laws; GMR Denies Any Wrongdoing

GMR-Megawide under probe by Philippines authorities on Anti- dummy Laws; GMR denies any wrongdoing
A statement issued by the National Bureau of Investigation (NBI) of the Philippines after receiving a complaint, said its Anti-Fraud Division filed charges before the Department of Justice against five Filipinos including a high-ranking official of Mactan-Cebu International Airport Authority (MCIAA) and eleven foreign nationals including some from GMR Group for alleged violation of the Anti-Dummy Law.
PTI
December 21, 2020 / 10:48 AM IST
Officials of the Mactan-Cebu International Airport Authority in the Philippines and its operator GMR Megawide Cebu Airport Corp (GMCAC) came under that government s scanner for allegedly flouting that country s anti-dummy laws. ....

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DOJ sets probe on raps filed vs. MCIAA exec, 15 others

(MANILA BULLETIN)
Prosecutor General Benedicto Malcontento revealed on Monday, Dec. 14, that he has already assigned the case to a prosecutor who will be conducting the preliminary investigation.
“Just assigned it,” Malcontento said.
“Sa January na ang PI niyan (The assigned prosecutor will conduct the PI this January),” he disclosed.
The National Bureau of Investigation (NBI) filed the complaint before the NBI last Nov. 26 following investigation conducted by its Anti-Fraud Division (NBI-AFD) over reports of alleged violation of Commonwealth Act No. 108, Anti-Dummy Law, concerning the concession deal of the Mactan-Cebu International Airport (MCIA).
Aside from Dicdican, also named as respondents in the complaint are Filipino and foreign executives of GMR Megawide Cebu Airport Corp (GMCAC). ....

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