Tag: capital expenditure

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DOTr warns of “overloaded” TNVS system, flags regulatory gaps and budget strain

Transport & Logistics 0
Transportation Secretary Giovanni Lopez has issued a strong warning to transport network companies (TNCs) and past and present transport regulators, after revealing that the number of transport network vehicle service (TNVS) drivers in operation has far exceeded the government-approved cap.

OGPI remits P2.14B to government for 2025 share

Corporate 0
Listed mining company OceanaGold (Philippines) Inc. (OGPI) on Thursday reported turning over ₱2.14 billion as additional government share (AGS) for fiscal year 2025.

Parañaque eyes economic boost from full opening of CAVITEX C5 Link

Transport & Logistics 0
The Parañaque City government is expecting stronger economic activity following the full connection of the 7.7-kilometer CAVITEX C5 Link, which now links Cavite and Taguig through a high-speed expressway route.

SMC removes over 9.12 million metric tons of waste from major rivers since 2020

Environment 0
San Miguel Corporation (SMC) said Thursday its river cleanup program has removed more than 9.12 million metric tons of silt, garbage, and debris from major waterways across the Philippines since 2020. The work is part of its voluntary flood-control effort, called the Better Rivers PH initiative, and is being done at no cost to the government.

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