And if it is any indicator of commitment, the Department of Transportation (DOTr) in September turned over the key to the Ninoy Aquino International Airport (NAIA) to a private group led by San Miguel Corp. (SMC), which would undertake its P170.6 billion rehabilitation for 15 years.
The group, called the New NAIA Infrastructure Corp. (NNIC), is tasked to raise airport capacity to 62 million per annum and speed up aircraft movement to 48 an hour.
Apart from this, the NNICâas pledged during the bidding processâwill remit 82.16 percent of NAIA revenues, excluding passenger service charges (PSC), to the government. The NNIC also settled P30 billion in upfront fee, and the consortium will remit P2 billion in annuity payment.
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What celebs would ask famous people in the great beyond
With All Soulsâ Day just around the corner, I posed this question to celebrities: If you could talk to any famous person who has passed away, who would you choose, and what would you want to ask him or her?
QCINEMA RETURNS WITH 77 FILMS ACROSS 11 SECTIONS
THEMED \"THE GAZE,\" THE QCINEMA INTERNATIONAL FILM Festival (QCIFF) has returned for its 12th edition with another notable lineup of local and global films to be screened across Gateway Cineplex 18, Ayala Malls Cinema at Trinoma, Red Carpet at Shangri-la Plaza, and Powerplant Mall from Nov. 8 to 17.
REMEMBERING LIAM PAYNE AND THE DEARLY DEPARTED
As the old joke goes, somebody up there must be forming a band to provide music for some heavenly event. So, some of the best were taken to do that forever gig. This month alone saw the loss of heartthrob balladeer Jack Jones; Mitzi Gaynor, lovely star of movie musicals like South Pacific, Les Girls and Golden Girl; and Liam Payne, pop idol and founding member of one of the greatest boy bands of all time, the One Direction.
ALL THE STARS ALIGN AT NUSTAR
Christmas is the time of year where things go into overdrive. For some hotels, it's the time to spend money on trees and decorations âand yes, to make money.
SEATTLE SIGHTSEEING
Seattle in Washington State is known for its coffee culture, the birthplace of Starbucks, the grunge music scene, the headquarters of Amazon and Microsoft, and one of the best food markets in the world - Pike Place Market!
UN SOIR Ã PARIS
On the occasion of the 45th anniversary of The Friends for Cultural Concerns of the Philippines (FCCP), a sumptuous evening of food and music was hosted by the officers and members of FCCP at the grand ballroom of the newly renovated Makati Shangri-La, which used to be my halfway house for at least a couple of decades, since I lived in New Manila and worked out at Makati Shang
SI, SPANISH FOOD SECRETS & MORE!
A slab of anchovy on top of charred mashed eggplant was the perfect introduction to a dinner in Cantabria.
HAI! AN ALL-JAPANESE FOOD HALL
Dining in a food hall works best when you are dining with a big group and everyone has different cravings and preferences.
'Disruptive' S'pore home builder enters Phl market
Singapore-based Homeqube is targeting to put up 1,000 houses in its first year of operations to help address the housing problem in the Philippines.
STI earnings soar on higher enrollment, cost management
Earnings of STI Education Systems Holdings Inc. soared by more than half for the fiscal year ended June 30, 2024, on the back of higher enrollment and efficient cost management across its schools.
