PNOC-EC projects high rate of success at Malampaya prospects
State-run Philippine National Oil Company-Exploration Corp. (PNOC-EC) projected a high 80 percent success rate in prospecting for new wells at the Malampaya service contract area off the northwestern coast of Palawan.
NEA counting poles with DPWH engineers in data base program
The government is compiling data on utility poles and facilities of electric cooperatives (ECs) around the country whose geological position potentially conflicts with the road-widening program of the Department of Public Works and Highways (DPWH).
Land Bank loan to rice farmers hit P2.2B
The Land Bank of the Philippines has released P2.2 billion worth of loans to 13,701 rice farmers and cooperatives under the Expanded Rice Credit Assistance program of the Rice Competitiveness Enhancement Fund (ERCA-RCEF).
NAIA climbs 14 steps higher in latest OAG rankings
The Ninoy Aquino International Airport (NAIA), in the hierarchy of the world’s internationally connected airports, rose 14 notches in 2023 compared to the 2019 rankings.
SMC original proponent status puts MPIC’s unsolicited bid in doubt
The proposal of Metro Pacific Investments Corp. (MPIC) to take over the operations and maintenance of Metro Rail Transit (MRT) Line 3 may be at peril after the Department of Transportation (DOTr) disclosed that San Miguel Corp. has secured an original proponent status (IOPS) for the rail line.
