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Chelsea 'positive' in getting gov't nod for unsolicited proposal to modernize Davao airport

ABS-CBN News
Posted at Jun 26 03:53 PM

Chelsea Logistics and Infrastructure Holdings Corp. on Wednesday said it was optimistic that the government would soon give the "green light" for its unsolicited proposal to modernize the Davao International Airport.  Read more »

Tentative release of Mislatel's certificate to operate set on July 8: Rio

ABS-CBN News
Updated as of Jun 17 07:13 PM

Third telecommunications player Mislatel may be able to acquire its certificate to operate from the National Telecommunications Commission by July 8, an official said.  Read more »

Third telco Mislatel fulfilling regulator requirements

ABS-CBN News
Updated as of May 23 01:23 PM

The National Telecommunications Commission is asking for certain documents before Mislatel could secure telecommunications frequencies and a Certificate of Public Convenience and Necessity, Mislatel said in a statement.   Read more »

Dennis Uy's Udenna Group denies links to poll machine provider

ABS-CBN News
Updated as of May 16 03:39 PM

Chelsea Logistics Holdings, a Udenna company, issued the denial to the stock exchange in response to claims on social media that it had ties with multinational firm Smartmatic and its Filipino partner, Total Information Management.  Read more »

Dennis Uy's Chelsea Holdings, PNOC mull liquefied natural gas joint venture

ABS-CBN News
Posted at May 07 09:44 PM

The logistics company of Davao-based businessman Dennis Uy is looking to form a joint venture with the government-owned Philippine National Oil Company for a new liquefied natural gas (LNG) facility in Mabini, Batangas.  Read more »

Udenna Corp, China Telecom sign $5.4-billion deal for third telco Mislatel

ABS-CBN News
Updated as of Apr 26 10:31 PM

Dennis Uy's Udenna Corp., and Chelsea Logistics Holdings Corp. signed the agreement with Chinatel in Beijing last April 25 to formalize their "mutual undertakings and obligations" to become the country's third telco provider, the company said in a statement. Read more »

Phoenix officials tour China model for Batangas LNG project

ABS-CBN News
Posted at Apr 16 10:30 AM

In a disclosure to the stock exchange, Phoenix Petroleum said its officials along with its Chinese counterpart toured around the facility while "checking" CNOOC's technical expertise in building and operating a running gas plant. Read more »

Diokno says 'no sacred cows' with him leading Bangko Sentral

Cathy Yang, ABS-CBN News
Updated as of Mar 12 01:03 PM

As BSP Governor, the former budget secretary will chair the Anti Money Laundering Council. He also took office as a new law gave the central bank wider enforcement powers. Read more »

Phoenix Petroleum net income jumps 82 percent in 2018

ABS-CBN News
Posted at Feb 26 11:18 AM

Revenues grew a record 99 percent to P88.61 billion last year, after the volume of petroleum products sold grew 49 percent to 2.75 billion liters, Phoenix Petroleum told the stock exchange.  Read more »

'No delay' in Mislatel's third telco rollout, spokesman says

ABS-CBN News
Updated as of Feb 20 11:47 AM

Mislatel's commercial operations are set to begin in the first quarter of 2020.  Read more »

Phoenix Petroleum, China's CNOOC seek partnership with Philippine National Oil Company

ABS-CBN News
Updated as of Feb 14 02:14 PM

Tanglawan is "looking into" signing a Memorandum of Understanding with the PNOC, businessman Dennis Uy's Phoenix Petroleum told the stock exchange. Read more »

Mislatel can ‘withstand any scrutiny’ after securing Congress nod: spokesperson

ABS-CBN News
Posted at Feb 08 06:54 PM

Any legal case against mounted against Mislatel will be considered “baseless” after the Congress affirmed the validity of its franchise, its spokesperson said Friday.  Read more »

Mislatel needs ratified Congress resolution before telco service rollout: DICT

Sherrie Ann Torres, ABS-CBN News
Posted at Feb 07 06:41 PM

The certification will serve as a "go signal" for Mislatel to start the rollout of its 5-year commitment, Rio told reporters.  Read more »

Senate approves Mislatel transfer of ownership to Dennis Uy, China Telecom consortium

ABS-CBN News
Updated as of Feb 07 02:32 AM

Senator Grace Poe, chairman of the Senate public services committee that investigated the third telco, said earlier that Mislatel's predicament could be "cured" with "amendments" to take into account national interest. Read more »

Mislatel franchise 'cure' up for Senate approval: Poe

ABS-CBN News
Updated as of Feb 05 05:17 PM

While Mislatel "clearly" failed to comply with some conditions of its franchise, Sen. Grace Poe said "a few colleagues" in the chamber agreed with the consortium's argument that only an act of Congress can revoke the license. Read more »

Congress can 'cure' Mislatel franchise issues, says official

ABS-CBN News
Updated as of Feb 04 12:30 PM

If Mislatel completes all the post-qualification requirements before Feb. 7, including a Senate resolution in favor of its franchise, the National Telecommunications Commission can transfer frequencies to the third telco. Read more »

Dennis Uy's Phoenix to form venture with China National Offshore Oil

ABS-CBN News
Posted at Feb 01 09:40 AM

It will mark the second venture between companies controlled by tycoon Dennis Uy and a state-owned Chinese enterprise. Uy's Udenna Corp and Chelsea Logistics earlier partnered with China Telecom to challenge PLDT Inc and Globe Telecom. Read more »

Palace open to reclamation projects in Manila Bay

Dharel Placido, ABS-CBN News
Posted at Jan 31 04:55 PM

Malacañang on Thursday said it may allow reclamation projects in Manila Bay, even as leftist lawmakers warned that building infrastructure on the historic bay would displace thousands of informal settlers. Read more »

Dennis Uy's empire is growing not because of Duterte: lawyer

ABS-CBN News
Updated as of Jan 31 12:00 PM

Dennis Uy is "not new money" and is known in business circles even before he became known in the mainstream, a lawyer for his telecommunications venture said. Read more »

Mislatel posibleng mabigyan ng prangkisa ng Senado

ABS-CBN News
Posted at Jan 30 09:44 PM

Namumurong mabigyan ng "go signal" ng Senado ang Mislatel Consortium para sa pagiging "third telco" na nangakong magbibigay ng mabilis at murang Internet service sa bansa. Read more »