News : SMC to revive PAREx

Sunday, June 23, 2024

SMC to revive PAREx

June 24, 2024

San Miguel Corp. (SMC) has finally decided to proceed with its previously shelved Pasig River Expressway (PAREx) project and construction may even start as early as 2025 if all requirements are secured before the end of the year, according to the Toll Regulatory Board (TRB).

By Tyrone Jasper C. Piad

Guardians of growth: True power is earned, not inherited

One of the unique challenges faced by family-owned enterprises is the delicate balance between familial ties and professional competence. In many cases, the temptation to appoint relatives to key leadership positions can lead to detrimental outcomes for the business and its stakeholders.

By Tom Oliver

Distressed peso may yet stall BSP from tweaking rates

The Bangko Sentral ng Pilipinas (BSP) would likely keep its ultra-tight monetary policy settings unchanged at its meeting later this week, although monetary authorities would maintain their "less hawkish" tone that had put the peso in much distress in recent weeks.

By Ian Nicolas P. Cigaral

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BIZ BUZZ

Scammers impersonate IP-rights body official

Unscrupulous individuals are apparently impersonating a high-ranking official of the Intellectual Property Office of the Philippines (IPOPH), asking through email exorbitant sponsorship fees to line their pockets.

By Alden M. Monzon

INQUIRER PLUS-EXCLUSIVE

MPTC set to wrap up Indonesian toll road deal

Metro Pacific Tollways Corp. (MPTC) is likely to finalize this week the acquisition of a 35-percent stake in the 676-kilometer (km) Trans-Java toll road in Indonesia, a deal that will bring in P30 billion annual revenues for the company.

By Tyrone Jasper C. Piad

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