Tag: Naia

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NNIC removes 27 abandoned aircraft in NAIA cleanup

The New NAIA Infrastructure Corp. (NNIC) is launching a long-overdue cleanup operation at Ninoy Aquino International Airport (NAIA), targeting 27 abandoned aircraft that have clogged the general aviation area for years.

DOTr terminates OTS staff over alleged ‘Tanim-Bala’ incident at NAIA

The Department of Transportation (DOTr) has dismissed three personnel from the Office of Transportation Security (OTS) over their alleged involvement in the "tanim-bala" or bullet-planting incident at the Ninoy Aquino International Airport (NAIA) on 6 March.

NAIA modernization set for 2025 with Collins Aerospace partnership

The New NAIA Infra Corp. (NNIC) has joined forces with Collins Aerospace to overhaul Ninoy Aquino International Airport (NAIA), aiming to create a world-class travel experience. The modernization, which will begin in May and culminate by September this year, includes advanced self-service kiosks, biometric screening, and real-time flight updates.
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Government to bid out NAIA management operations 

The government is preparing the terms of reference for the plan to bid out to the private sector the operations of the Ninoy Aquino International Airport, the main gateway to the Philippines.

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PH, US target New Clark economic zone 

The Philippines and the US are targeting a groundbreaking within the year for a planned 4,000-acre Economic Security Zone in the industrial district of New Clark City, according to Joshua Bingcang of the Bases Conversion and Development Authority.

Meralco sells controlling stake in Bayad Center

Manila Electric Co., the country’s largest power distributor by sales, and its unit, Corporate Information Solutions Inc., have agreed to sell their combined stake in CIS Bayad Center Inc. to Kayana Solutions Inc., which currently holds a 10 percent stake in the outsourced electronics payments service provider.

Filinvest Land taps market with dual bonds

Filinvest Land Inc. is returning to the capital markets in May with a dual-tranche, fixed-rate bond offer totaling up to P11.57 billion, combining a base offer of P9 billion and an oversubscription option of P2.57 billion. 

Shipping smarter across islands, storms and surges

In an archipelago where a delivery route could involve a truck a ferry and a plane sometimes all before lunch, 2GO Group is betting that complexity could become an advantage rather than a constraint.

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