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Study for Manila Bay-Pasig River-Laguna Lake ferry system done within the year —DOTr
The ongoing study that will determine the viability of establishing the Manila Bay-Pasig River-Laguna Lake Ferry (MAPALLAF) System project is expected to be completed within this year, an official of the Department of Transportation (DOTr) said Tuesday. At the sidelines of the Asia and the Pacific Transport in Mandaluyong City, Transportation Assistant Secretary Leonel de Velez told reporters that the DOTr is working with the Public-Private...
MoneyMeralco rates up in May
Customers of the Manila Electric Company (Meralco) will have to pay more for electricity this month, following the higher generation charges due to the tightening supply amid the elevated heat conditions. In an advisory, Meralco said it will increase rates by 46.21 centavos to P11.4139 per kilowatt-hour (kWh) from P10.9518 per kWh in March. This translates to an increase of P92 for residential customers consuming 200 kWh. Meralco said the higher...
MoneyBCDA to start disposition of Market! Market! in 2025
The Bases Conversion and Development Authority (BCDA) is planning to redevelop the Market!Market! area into a mixed-use property in the next two years with the disposition of the asset starting in 2025, as the agency seeks maximum gains. On the sidelines of a forum co-hosted with the Economic Journalists Association of the Philippines (EJAP), BCDA president and chief executive officer Joshua Bingcang said the redevelopment will be in line with a...
MoneyGasoline, diesel, kerosene price rollback to take effect Tuesday
Pump prices of fuel products will be rolled back on Tuesday, marking the third straight week of cuts for gasoline, and the fourth for both diesel and kerosene. In separate advisories, Chevron Philippines Inc. (Caltex), Petron Corp., Pilipinas Shell Petroleum Corp. and Seaoil Philippines Corp. said they will lower prices per liter of gasoline by P2.00, diesel by P0.50, and kerosene by P0.85. Cleanfuel, Petro Gazz, PTT Philippines Corp., and...
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