Maniolas

MANILA, Philippines – Riding high on an office sector boom in the country, upscale real estate developer Century Properties Group Inc. has launched its latest commercial property offering in Makati expected to generate P2.5 billion in sales. Century Properties said its new office spaces at the Century Spire tower in Century City is part of its plan to expand its commercial assets given the country’s strong economy that fuels demand for office space, especially for the business process outsourcing (BPO) and IT sectors. “We are aggressively pursuing our business expansion plans this year, which includes strengthening our commercial portfolio on top of our current concept residential projects. Diversifying to other product offerings, such as for sale strata office space, is instrumental in sustaining the growth for the company,” said Century Properties chief operating officer Marco Antonio. The listed property firm owned by former ambassador Jose E.B. Antonio said Century Spire would be adding a minimum of 23,000 square meters of office space to the market upon its completion. Century Properties said the units would be sold to end users seeking a prime location for their business, as well as to those seeking to lease out their purchased units.  Century Spire’s single unit office spaces ranges from 50 to 90 square meters and are priced from P185,000 to P205,000 per square meter. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 Current rental rates for prime office in Makati, meanwhile, ranges from about P900 to P1,300 per square meter per month, Read More …

Today, Ultra Mega Wholesale and Retail Mart, one of the leading retail and wholesale chains in the Philippines, is jumpstarting 2015 with the launch of the company’s first franchise venture with Mr. Romeo Jalosjos’ Group of Companies. The first Ultra Mega Franchise, which will be located in Dapitan City, Zamboanga del Norte, is pioneering the industry with its new and excitingly innovative business model that provides an inclusive and insightful operational and support structure. It allows new players in the industry to have a trustworthy and reliable foothold that is designed to be both profitable and rewarding. For Franchise inquiries, contact Mr. Filbert See at 904-5882 or 0917-9894512. Romgardial Corporation and TAPE Inc. Chairman,  Mr. Romeo G. Jalosjos shake hands with Mr. Benito Lim, President of Ultra Mega Multi Sales during the contract signing ceremony at the Bellevue Hotel. From left to right, Jessica Mona, Romeo Jalosjos, Benito Lim and Julie Lim

DAVAO CITY — Even with the current airport coming in for a P40.57-billion upgrade this year under the national government’s public-private partnership program, Davao’s Regional Development Council (RDC) is planning for a second, bigger airport or a cluster of satellite airports.

MANILA, Philippines – Emirates is seeking the intervention of President Aquino after the Civil Aeronautics Board (CAB) decided to end the airline’s third daily flight for the Manila-Dubai route late last month. Jose Perpetuo Lotilla, Undersecretary of the Department of Transportation and Communications (DOTC), said the Gulf carrier has elevated the case to the Office of the President after CAB denied its petition to further extend its third daily flights for the Manila – Dubai route that expired last Jan. 26.  “What I understand is that they (Emirates) elevated (the case) to the OP. I am not sure if CAB received anything,” Lotilla said. According to him, Emirates is probably following the administrative procedure by elevating the case to Malacanang instead of filing an appeal before the Court of Appeals (CA).  “They should have gone to the CA but they went to the OP. Probably, they are following the administrative procedure,” Emirates said. President Aquino attended the one-off commercial flight by Emirates using the world’s largest passenger aircraft – Airbus A380 – that landed at the recently completed Ninoy Aquino International Airport Terminal 3 (NAIA-3) last Oct. 7. Business ( Article MRec ), pagematch: 1, sectionmatch: 1 CAB last October turned down petition of Emirates to use the unutilized frequency of PAL until March this year. The Middle Eastern carrier filed an appeal before the CAB. While the appeal was pending, CAB granted Emirates a 30-day extension to continue its third daily flight between Manila and Dubai until Nov. 26. Read More …

For a taxpayer who must work over four months of a year to pay a bureaucrat’s salary, it is frustrating to hear them publicly exposing their lack of knowledge. We all know that the problem of congestion at NAIA is on account of its single working runway. (They have stopped using the other cross runway for safety reasons.) Even if we build 10 terminals there but if there is only one runway, planes will still have to fall in line to take off and circle around to land. That is simple and logical even laymen should be able to understand. Here is how someone with technical knowledge explained the situation for me: “At present the separation between aircraft movements is 1.5 mins. or 40 per hour. On landing that means the aircraft behind you is only six km away and as you slow down for final landing that aircraft is only four km away.  To try to compress the separation is too risky. “On departures, the push back time from the terminal is critical to meet your take off slots. A delay in terminal departures destroys the entire slot program for that hour and creates a domino effect on the other hours. “Yes you will hear guys talking about NAIA doing 60/hr on one runway. They are talking through their ears. That is only possible with a multi-runway airport with the correct ICAO design standards. Yes you can bring aircraft movements close to even 20 to 30 secs separation but Read More …