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Business

Govt earns P160M from Mile Long – DoF

By MAYVELIN U. CARABALLO, TMT August 27, 2019 The 2.2-hectare Mile Long property in Makati City has generated P160 million in revenues for the government since 2017, the Department of Finance (DoF) reported. “Net income from Mile Long is almost P160 million for 2 years of operation at a 70 …

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5 infrastructure projects subject to review – NEDA

By ANNA LEAH E. GONZALES August 27, 2019 FIVE out of 75 infrastructure flagship projects of the Duterte administration will be reviewed due to concerns raised about them, with two of these facing possible removal, according to the National Economic and Development Authority (NEDA). In a status report sent to …

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Aerospace industry sounds ‘alarm’ ahead of federal election

Bombardier Aerospace employees leave a special meeting where the reviewed the partnership between the Quebec aircraft manufacturer and Airbus for the C Series in Montreal, Sunday, March 4, 2018. THE CANADIAN PRESS/Graham Hughes Catherine Levesque, The Canadian Press Published Monday, August 26, 2019 11:54AM EDT Last Updated Monday, August 26, …

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Cignal forges partnership with Netflix

By EDWIN P. SALLAN August 25, 2019 IN an effort to further strengthen its presence in the digital stratosphere, Cignal Entertainment, the original production unit of Cignal TV, is partnering with American streaming giant Netflix and is investing P100 million annually over the next two years to produce more original …

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Orchestrating his move toward unicorn status

By MAAN D’ASIS PAMARAN August 25, 2019 WITH his floppy hair, easygoing demeanor and corporate-casual attire, you would probably mistake Josh Supan for an upwardly mobile young executive in a big multinational firm. In reality, the home-schooled pastor’s son from Davao who describes his family as “middle class” is the …

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4 firms bag P1.2-B govt power deals

By JORDEENE B. LAGARE August 26, 2019 FOUR companies bagged P1.286 billion worth of transmission and substation contracts in the provinces of Palawan, Mindoro, Marinduque, and Catanduanes from the National Power Corp. (Napocor). In a statement on Saturday, the state-owned firm said it was given a go signal from the …

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