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The construction company is raising up to P5 billion through preferred shares.
Infrastructure conglomerate Megawide Construction Corp (PSE:MWIDE) is raising up to P5 billion by selling up to 50 million preferred shares at P100 each to the public.The offering period of the preferred shares shall run from November 10 to 17 with a target ...
 
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Travelers will still get to see Mayon Volcano from the airport.
The Bicol International Airport (BIA) is a new international airport envisioned to be the new gateway to the Bicol region. Located in Daraga, Albay, the new airport will replace the old one in Legazpi City. After supertyphoon Rolly battered the region last ...
 
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It’s an ambitious project that is one step closer to becoming reality.
On Tuesday, October 20, the Department of Public Works and Highways (DPWH) announced that a contract for the engineering design of a bridge spanning Manila Bay had been signed. The Bataan-Cavite Interlink Bridge (BCIB) Project is the latest step in the decades-old ...
 
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Bikers, rejoice! The entire stretch of the Tagaytay Bypass Road will also have a separate bike lane.
A trip to Tagaytay will soon take less travel time, with less time in traffic, and less stress.The Tagaytay Bypass Road will get you from Alfonso, Cavite to Tagaytay in only 20 minutes, down from the usual 53 minutes, shaving off almost two-thirds ...
 
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Every city in Metro Manila will only be 20 to 30 minutes away from each other.
Filipinos have been debating about Metro Manila’s “true midpoint” for years, a favorite topic over family dinner, drinking sessions, and coffee dates.READ MORE STORIES ON INFRASTRUCTUREAll the Infrastructure Projects Taking Place in 2020 To Make Our Lives More BearableManila to Save More ...
 
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SLEX to NLEX in 20 minutes.
All the traffic and all the setback has been worth it. San Miguel Corporation (SMC) has announced that the Skyway Stage 3 project, which will play an integral role in further linking Northern and Southern Luzon, is now finished.READ MORE STORIES ON INFRASTRUCTUREAll ...
 
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It's part of the DOT'’s North-South Commuter Railway project.
The contract for the Malolos-Clark Railway Project (MCRP) Package 1 has been awarded to a joint venture between Megawide Construction Corporation and Korean companies, Hyundai Engineering & Construction Co., Ltd. (Hyundai E&C) and Dong-ah Geological Engineering Company Ltd. (Dong-ah).Top Story: The 15 Most ...
 
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It’s the first loss in the company’s history.
Listed Megawide Construction Corp. (MCC) reported a net loss of P398 million during the first half of 2020, the first time it has recorded negative earnings in its corporate history. Also read: Sultan Kudarat: The Philippines's Most Powerful Sultan Consolidated revenues was at P6.44 billion, ...
 
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The two projects will be declared toll roads.
San Miguel Holdings Corp. (SMHC) is in talks with the government to build two new road projects seen to ease traffic both within and outside Metro Manila, according to the Department of Transportation. The project, first reported on Businessworld and later confirmed by San ...
 
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The coronavirus pandemic changed everything.
There is a possibility that the “superconsortium” made up of some of the country’s biggest conglomerates may drop its much-publicized proposal to rehabilitate the Ninoy Aquino International Airport. In a statement issued by the participating conglomerateson Tuesday, July 7, the superconsortium said it ...
 
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And to La Union in two and a half.
The beach or the mountains? We can’t decide where we want to go first, as soon as we're allowed out of town.When the final segment of the 88.8-kilometer Tarlac-Pangasinan-La Union Expressway (TPLEX) opens on July 15, it’ll only be two and a half ...
 
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The project will increase capacity at Clark Airport to eight million passengers annually.
Over two years since it bagged the contract to build a new passenger terminal building (NPTB) for the Clark International Airport, the Megawide GMR Consortium announced that it has completed the project. Megawide CEO Edgar Saavedra posted photos of the completed NPTB project ...
 
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The Mamplasan to Santa Rosa-Tagaytay Road segment will soon be accessible.
The Cavite-Laguna Expressway (CALAX) is starting to take shape, and motorists south of the metro should be excited.We went with the Metro Pacific Tollways Corporation (MPTC) earlier today and conducted another ocular inspection along the first 10-kilometer segment of CALAXWe drove through ...
 
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The DOTr says added flights will ideally reduce airfare.
If you haven't already dropped by and said hello to the bug-eyed tarsiers of Bohol, then now's your chance! The Bohol-Panglao International Airport is extending operating hours to 10 p.m. to accommodate more flights.The additional night-time flights will be made possible through ...
 
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This includes new bridges and interchanges.
The NLEX Corporation is lending the Philippine government a hand in its fight against Metro Manila’s traffic problems.According to the expressway operator, which handles both the North Luzon Expressway (NLEX) and the Subic-Clark-Tarlac Expressway (SCTEX), it already has a handful of projects in place to help decongest the country’s ...
 
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Another drone's eye view of the current state of its construction.
Just last month, we were treated to another progress update on the Metro Manila Skyway Stage 3 Project courtesy of YouTuber dmitrivalencia’s drone-shot video. The guy recently headed down south to document more infrastructure projects, this time capturing the ongoing Cavite-Laguna Expressway ...
 
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The New C5 Southlink is expected to be completed by 2021.
Today, if a resident of Parañaque, Las Piñas, or Cavite, wanted to go to a party in Makati, he would have to head out an hour and 20 minutes prior to meet-up time. These areas currently do not have direct access to ...
 
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Let’s take another look, shall we?
Remember the Skyway Stage 3 update we posted a while back? The video we featured was courtesy of YouTuber dmitrivalencia, which gave us a good drone’s eye view of the different sections of the Skyway project. Just yesterday, he uploaded another update yet again—you can view the embedded ...
 
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The proposed terminals at the old Pandacan oil depot can accommodate up to 1,000 buses at any time.
San Miguel Corp. is spending P10 billion for a planned bus and food terminal on the site of the old Pandacan oil depot in Manila.In a disclosure to the Philippine Stock Exchange earlier this week, the company said it would submit an ...
 
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The company bagged lucrative government infrastructure projects.
Real estate developer and construction company D.M. Consunji, Inc. (DMCI) saw its revenues jump from P883 million to P1.5 billion in the first quarter of 2019. According to a company press release published on Monday, May 20, DMCI attributed its revenue boost to ...
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