Page 16 - Philex Mining News Today : Breaking News, Live Updates & Top Stories | Vimarsana

MAKATI, Jan. 25 --  The Philippines is committed to forging closer economic and bilateral ties with Indonesia as the two countries are further deepening their collaboration on boosting each other’s copper industry.  The Philippine Board of Investments (BOI) recently (14 January 2021) held an online Copper Industry Dialogue with its Indonesian counterpart, Investment Coordinating Board (BKPM) along with other government agencies and stakeholders on both sides.  The Dialogue was conceptualized and proposed during the 8th meeting of the Philippines-Indonesia Joint Working Group on Trade, I...

January 18, 2021 | 12:04 am Font Size AAA THE Toll Regulatory Board (TRB) said the Cavitex Infrastructure Corp. (CIC) and the Philippine Reclamation Authority (PRA) have both filed a petition “for the approval of add-on agreed toll rate with application for provisional relief” for the Segment 1 (R-1 Expressway) Enhancement of the Manila-Cavite Toll Expressway Project. TRB Executive Director Abraham P. Sales said in a Jan. 11 notice that “any interested expressway user” can file a “petition to review” within 30 days from the date of its first publication....

January 13, 2021 | 12:05 am Font Size AAA NLEX CORP. on Tuesday said the traffic flow at its toll plazas has improved after it carried out some measures to help control the congestion. In an e-mailed statement, the tollway company reported that its average daily traffic had reached 323,000 from Dec. 18, 2020 to Jan. 4, 2021, or higher by 3,000 versus the traffic volume it saw in the first two weeks of December. “We are delighted that even with the recent spike in traffic figures, we have not seen our toll plazas getting jampacked,” NLEX Corp. President and General Manager J...

December 23, 2020 | 6:37 pm Font Size BW FILE PHOTO METRO Pacific Tollways Corp. (MPTC) and San Miguel Corp. (SMC) on Wednesday said they would waive toll fees at their expressways for Christmas and New Year. In an e-mailed statement, SMC said it would open all its expressways for free to all motorists from 10:00 p.m. on Dec. 24 to 6:00 a.m. on Dec. 25. SMC operates the Southern Tagalog Arterial Road, Southern Luzon Expressway, Skyway, NAIA Expressway, and Tarlac-Pangasinan-La Union Expressway. “We are doing the same from 10:00 p.m. of Dec. 31 to 6:00 a.m. of Jan. 1,” SMC Presid...

December 17, 2020 | 12:06 am Font Size AAA VALENZUELA CITY announced on Wednesday the lifting of the suspension order against the business permit of NLEX Corp., after both parties agreed to keep toll barriers up on all lanes for vehicles with radio-frequency identification (RFID) stickers. Valenzuela City Mayor Rex T. Gatchalian said in a social media post that the “toll holiday” had ended at 12:01 p.m. on Wednesday. He said both parties agreed to keep the toll barriers up on all RFID lanes in Valenzuela City from “5:00 a.m. to 10:00 p.m.” daily.  The mayor said toll fees wo...