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Megawide confirms NAIA rehab bid rejected by gov't

ABS-CBN News
Updated as of Jan 26 12:51 PM

The Filipino Indian consortium seeking to rehabilitate the Philippines' main gateway confirmed on Tuesday that the government has turned down its appeal to keep the group's original proponent status (OPS).  Read more »

New Clark Airport terminal turned over to gov't, LIPAD Corp, to open to public in July

Nika Lazo, ABS-CBN News
Updated as of Jan 22 03:59 PM

MANILA - Megawide and Indian partner GMR on Friday handed over to the government the newly completed Clark International Airport terminal, expected to start operations by July this year. Read more »

Megawide says gov't yet to notify them on NAIA project appeal

ABS-CBN News
Posted at Jan 20 05:09 PM

Infrastructure developer Megawide said Wednesday the government has yet to notify it of the status of its appeal on the firm's original proponent status in the rehabilitation of the Philippines' main gateway.   Read more »

Government may do NAIA rehab itself says Finance chief

Warren de Guzman, ABS-CBN News
Posted at Jan 12 04:02 PM

The government may undertake the rehabilitation of the Ninoy Aquino International Airport itself following failed bids from the private sector, Finance Secretary Carlos Dominguez said on Tuesday.  Read more »

Megawide signs P5.5-B joint venture with Cebu gov't to revamp Carbon Market

ABS-CBN News
Posted at Jan 11 08:59 PM

Megawide Construction Corp said it signed a P5.5-billion joint venture agreement with the local government of Cebu to revamp the existing Carbon Market. Read more »

Megawide appeals to restore original proponent status for NAIA rehab

ABS-CBN News
Updated as of Dec 21 05:40 PM

The Filipino-Indian consortium bidding to rehabilitate the Ninoy Aquino International Airport is appealing the revocation of its original proponent status (OPS), according to a document obtained on Monday by ABS-CBN News.  Read more »

Megawide must be allowed to lead NAIA rehab, says Poe

ABS-CBN News
Posted at Dec 19 03:00 AM

The chair of the Senate committee on public services added her voice to several business groups who believe the construction firm should be allowed to rehabilitate NAIA. Read more »

SMC submits offer to operate, maintain NAIA amid rehab delay

ABS-CBN News
Posted at Dec 17 11:05 PM

SMC's Ramon Ang told ABS-CBN News his company would only commit to handling the operations and maintenance of the Philippines' main gateway, not its planned rehabilitation. Read more »

NAIA rehab hits new snag, as Megawide original proponent status gets revoked

ABS-CBN News
Posted at Dec 15 09:21 PM

The rehabilitation of the Philippines' main gateway gets delayed anew as the agency in charge of the Ninoy Aquino International Airport revoked a Filipino-Indian consortium’s original proponent status (OPS) in the bidding for the project.   Read more »

LOOK: New design for NAIA 1 takes inspiration from Banaue rice terraces

ABS-CBN News
Updated as of Dec 15 02:21 PM

The consortium that won the bid to rehabilitate the Ninoy Aquino International Airport has unveiled its proposed design for Terminal 1, which takes inspiration from the Banaue Rice Terraces.  Read more »

Travel industry should not wait for vaccines to restart : Cebu Pacific

ABS-CBN News
Posted at Dec 09 07:33 PM

The Philippine travel industry should restart even if the country is still waiting for the arrival of COVID-19 vaccines, an official of the country's largest airline said on Wednesday.  Read more »

Megawide commits 'no flight delays' within 6 months after NAIA rehabilitation

ABS-CBN News
Posted at Nov 27 01:48 PM

Megawide committed on Friday that there will be no flight delays after 6 months of taking over operations of the Ninoy Aquino International Airport (NAIA), confident of their expertise in airport operations. Read more »

Megawide says investors 'excited' over its NAIA rehab bid

Bruce Rodriguez, ABS-CBN News
Posted at Nov 16 04:11 PM

Megawide Construction Corp on Monday said it has fully complied with government requirements and that investors and lenders are keen on funding its bid to upgrade the Philippines' main airport.  Read more »

Megawide sees P321 million net loss in Q3, notes 'restart' of developments after pandemic

ABS-CBN News
Posted at Nov 13 07:14 PM

Construction and airport operator Megawide recorded P321 million net loss in the third quarter, yet remains positive on future performance as the country undergo gradual economic pick up. Read more »

SEC clears public offerings by Filinvest Land, Megawide and Cityland

ABS-CBN News
Posted at Oct 28 12:00 PM

The Securities and Exchange Commission on Wednesday said it cleared the public offerings by Filinvest Land Inc, Megawide Construction Corp and Cityland Development Corp. Read more »

Megawide, Korean firms JV bags construction, engineering works for Malolos-Clark Railway project

ABS-CBN News
Posted at Sep 21 09:29 AM

Megawide Construction Corp. on Monday said its consortium with Hyundai Engineering & Constructions Co. Ltd. and Dong-ah Geological Engineering Company Ltd has been awarded the Malolos-Clark Railway Package (MCRP) 1. Read more »

Megawide suffers 'first in history' net loss in H1, as virus hits airport, construction businesses

ABS-CBN News
Posted at Aug 17 11:14 AM

Megawide Corp said Monday its consolidated revenues for the first half dropped due to the impact of the coronavirus pandemic to its construction and airport businesses.    Read more »

Megawide-GMR takes over NAIA rehab, gets 'original proponent status'

ABS-CBN News
Updated as of Jul 17 03:02 PM

The consortium of Megawide-GMR on Friday said government has granted it "original proponent status," paving the way for rehabilitation of the country's main international gateway. Read more »

Clark airport's new terminal to open by January 2021: DOTr

ABS-CBN News
Posted at Jul 15 09:53 PM

MANILA - Clark airport’s new passenger terminal will be ready to operate by January next year, Cabinet members said on Wednesday after inspecting the facility.  Read more »

Megawide volunteers help build COVID-19 quarantine facilities

ABS-CBN News
Posted at Apr 20 03:58 PM

Volunteer engineers, electricians, plumbers, and carpenters, helped construct EQFs at several hospitals, the company said. Read more »