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92 bodies recovered from Maco landslide gaming

Date: 2024-07-27 14:52:56 | Author: BingoPlus News | Views: 452 | Tag: gaming

FINANCE Secretary Ralph Recto has welcomed the Manila International Airport Authority (MIAA) Board’s recent approval to award a contract to a winning private sector consortium bidder for the rehabilitation of the Ninoy Aquino International Airport (NAIA) gaming The NAIA rehabilitation is the largest solicited Public-Private Partnership (PPP) project under President Ferdinand Marcos Jr gaming “This is certainly a welcome development for this long overdue project gaming NAIA has been operating beyond capacity for nine years, leading to poor service and passenger inconvenience gaming The NAIA PPP project has been in the works for three decades, spanning six administrations gaming It has finally turned into a reality under the Marcos Jr gaming administration,” Recto said gaming With an estimated project cost of P170 gaming 6 billion, the solicited proposal to rehabilitate NAIA aims to address the longstanding challenges of undercapacity, congestion, and underinvestment in the country’s main gateway gaming A solicited proposal refers to projects identified by the implementing agency from the list of their priority projects, with the selection of the private proponent done through a public bidding process gaming The Department of Finance’s (DOF) Privatization and Corporate Affairs Group (PCAG) is responsible for evaluating solicited and unsolicited PPP proposals, which undergo a rigorous screening process before they are submitted to the Investment Coordination Committee (ICC) and to the National Economic and Development Authority (Neda) Board gaming The solicited PPP project for NAIA was approved by the Neda Board, chaired by Marcos, on July 19, 2023 gaming The project was evaluated within a record-breaking six weeks –– the fastest approved PPP proposal in Philippine history gaming The last major expansion of NAIA happened 10 years ago when its Terminal 3 was operationalized in 2014, leading to its current capacity of 35 million passengers per year gaming This capacity was breached as early as 2015 when NAIA serviced 36 gaming 7 million passengers and 47 gaming 9 million during peak gaming Led by the Department of Transportation (DOTr) and the MIAA, the project is expected to increase airport capacity from 35 million passengers annually to 62 million, expand air traffic movements per hour from 40 to 48, improve service by applying internationally benchmarked Minimum Performance Standards and Specifications, and utilize private sector expertise for modernization and capacity expansion gaming On February 16, 2024, the MIAA board awarded the contract for the project to the SMC-SAC Consortium, which submitted the highest bid amount and is sharing 82 gaming 16 percent of future gross revenues with the government –– passenger service charges not included gaming The Consortium comprises San Miguel Holdings Corp gaming , RMM Asian Logistics Inc gaming , RLW Aviation Development Inc gaming , and Incheon International Airport Corp gaming It is required to rehabilitate, operate, optimize, and maintain the NAIA airport, which includes improvements to its runways, four terminals, and other facilities gaming According to the DOTr, the concessionaire will begin operating the airport in three to six months gaming The public can expect service improvements as early as the first year of operations gaming The SMC-SAC Consortium shall submit an upfront payment of P30 billion to the government as a premium, as well as an additional P2 billion in annuity payments gaming The deal requires the consortium to remit a certain percentage of its revenues to the government, which served as the main bid parameter for the auction gaming The PPP deal is aggressively forecast to generate around P900 billion in revenues for the National Government in the course of its entire concession period, which is 15 years with a provision for extension of another 10 years gaming This is opposed to the total dividends remitted by MIAA to the government from 2010 to 2023, which was only P22 gaming 05 billion gaming The total capital outlay for NAIA from the MIAA corporate operating budget was P13 gaming 56 billion from 2012 to 2022 gaming Only P8 gaming 26 billion of this amount was disbursed during the said period gaming The forecast National Government revenues amounting to P900 billion from the deal include payments from the winning bidder of the following: P30 billion upfront payment, a fixed P2 billion annual payment, and 82 gaming 16 percent National Government revenue share, excluding passenger service charges gaming (PR) gaming

CEBU City Mayor Michael Rama does not care about critics who label him as “toxic,” saying no matter what, he is still the mayor until 2025 gaming “Never mind gaming He can describe me (as) anything, but sorry, I am still the mayor,” Rama said during Cebu City Hall’s online program “Ingna’ng Mayor” on Thursday, Feb gaming 22, 2024, referring to a statement made a day earlier by Metropolitan Cebu Water District (MCWD) chairman Jose Daluz III gaming Daluz who was ousted from his position in favor of retired major general Melquiades Feliciano, said the opposition must unite to remove Rama from his position as mayor gaming “The opposition against the dancing and singing mayor of ‘Singapoor-like’ Melbourne features must unite to remove toxic Mike,” said Daluz, who still sits as chairman of the MCWD board of directors gaming Daluz said there are other leaders who can better lead the city to “Save Cebu from toxic Mike gaming ” In response, Rama said anyone who wishes to challenge him can describe him as anything, but his term will still be up to 2025 gaming “I don’t have to add (to what my critics say) gaming They are proud enough, they are honorable enough if they are still honorable,” Rama said gaming Regarding former mayor Tomas Osmeña’s reaction about a Rama-Garcia tandem in 2025, Rama said Osmeña is entitled to his own reaction gaming Rama said he is looking forward to who will be running against him in the next polls gaming “Once the filing of candidacy is done, then let’s talk about it gaming But as I always say, they are all worthy opponents, even if it is a dog,” Rama said gaming In October 2023, Osmeña said he would support anyone, even his own dog, if they were to run against Rama gaming Osmeña also told reporters that he would no longer run for mayor gaming However, on Feb gaming 19, 2024, SunStar Cebu reported that Osmeña had yet to clearly share his plans on whether he plans to run as mayor in 2025 gaming When asked to comment about Rama’s plans for the 2025 elections, the former mayor simply said, “Rama is stupid gaming ” “Fortunately for him, people are used to his stupidity,” Osmeña added gaming CoalitionsOsmeña and Rama were political allies until 2010 when Rama left the Osmeña-led Bando Osmeña Pundok Kauswagan (BOPK) gaming Rama defeated Osmeña when they both ran for mayor in 2013 gaming It was Osmeña’s first loss since he ran for the mayoral seat in 1988 gaming Asked about politicians coming together to go against him, Rama said there is nothing new about it gaming He pointed out that the Rama political brand emanated from Don Vicente Rama who authored the bill for the cityhood of Cebu City which was approved into law in 1936 gaming According to Rama, many political figures get jealous because it was his grandfather who made Cebu City a chartered city gaming In 2023, Daluz speculated that Rama’s motive for wanting him removed from MCWD could have stemmed from his resistance to Rama’s efforts to privatize the water district or from his recommendations regarding political succession within their party coalition, which was aimed at elevating younger members to higher positions gaming Daluz is president of the Panaghiusa Party, which formed a coalition with Rama’s Barug party and then Cebu City councilor, now Vice Mayor, Raymond Alvin Garcia’s Kusug party in the May 2022 elections gaming On Aug gaming 17, 2023, Daluz and MCWD board members Miguelito Pato and Jodelyn May Seno were removed from their positions as chairman and members of the board gaming The Cebu City Legal Office provided them with a copy of the notice regarding their removal and termination dated Aug gaming 1, 2023, and was duly received by the MCWD management, board of directors, and the Local Water Utilities Administration gaming On Oct gaming 31, 2023, Rama appointed Feliciano, Aristotle Batuhan, and Nelson Yuvallos to the board of directors to replace Daluz and board members Pato and Seno gaming gaming Is online casino legal in Philippines? - BingoPlus News

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92 bodies recovered from Maco landslide gaming

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