Babylon Project 2.0: World Blockchain Hackathon in the Metaverse

SAN FRANCISCO, CA, Oct 8, 2021 – (ACN Newswire via – The World Blockchain Hackathon returns this month with Babylon Project 2.0, its second annual virtual hackathon, focusing on the decentralized web. , will be held in an interactive web-based virtual world, a metaverse experience with panels and development on CBDC, NFT, DeFI, DAO, […]

CLI obtains final Notice to Proceed for Minglanilla reclamation project

PROPERTY developer Cebu Landmasters Inc. (CLI) has obtained the final Notice to Proceed (NTP) from the Philippine Reclamation Authority for the development of the 100-hectare reclamation project being proposed by the Municipality of Minglanilla, Cebu in partnership with Ming-Mori Development Corp. (MMDC). MMDC is a subsidiary of CLI. “In its Resolution 5389 series of 2021, […]

Expropriation on the table to meet Mindanao Railway launch target

By Arjay L. Balinbin, Senior Reporter THE DEPARTMENT of Transportation (DoTr) said Thursday that its October 2022 target to achieve partial operations for the China-funded Mindanao Railway Project is still “achievable” despite delays posed by right-of-way (ROW) acquisition, adding that expropriation of land remains an option to expedite the process. In response to a BusinessWorld […]

Samal-Davao bridge project still under loan negotiation with China, right-of-way proceedings 

START of construction for the Samal-Davao bridge project remains uncertain as loan negotiations with the Chinese government are still ongoing and right-of-way acquisition is still in the assessment stage, a regional official said last week.    Maria Lourdes D. Lim, National Economic and Development Authority-Davao regional director, said the Department of Finance submitted an updated loan application last April 26, reflecting a revised financing ratio […]

Writ of Kalikasan could force environmental impact study of Manila Bay dolomite beach

NON-GOVERNMENT ORGANIZATION Advocates of Science and Technology for the People (Agham) said it may apply for the issuance of a writ of kalikasan against the government’s Manila Bay dolomite beach, with a view towards triggering an environmental impact assessment (EIA). “(The issuance of the) writ of kalikasan… activates discovery measures. It will hopefully get the […]

SMC: Discussions with Palafox for PAREX ‘ongoing’

SAN Miguel Corp. (SMC) on Tuesday said it has ongoing discussions with Felino A. Palafox, Jr., Palafox Associates principal architect-urban planner and founder, for a potential consulting agreement for the Pasig River Expressway (PAREX) project. SMC issued the statement after Palafox Associates and Palafox Architecture Group, Inc. said on Sept. 26 that “they have not […]

Nalzaro: Is Mayor Alegado’s mindset ‘development first, conservation later’?

The local government units (LGUs) of Dumaguete City and the municipality of Consolacion, Cebu are facing the same problem. And this is about their respective multi-billion proposed reclamation projects. Dumaguete City, in partnership with a private developer, E.M. Cuerpo Inc., is planning to develop a 174-hectare reclamation project called “Smart City.” Consolacion, also in partnership […]

Congress approves ‘tri-level’ road project in Mandaue City

THE Lower house approves the “Tri-Level” project bill sponsored by Cebu Sixth District Representative Congresswoman Emmarie “Lolypop” Ouano-Dizon which will be constructed along M.C Briones Street and U.N. Avenue, in Barangay Ibabao-Estancia, Mandaue City. House Bill No. 9886 was approved in the lower house on August 31, 2021 for the final reading. The project is […]

Nalzaro: Bishop Palma should also oppose the Consolacion reclamation project

In a report in this paper yesterday, the Archdiocese of Cebu expressed solidarity with the Diocese of Dumaguete City in its fight against the realization of the 174- hectare reclamation project initiated by the local government unit in partnership with a developer that some marine experts describe as a “monumental eco-disaster.” Last Saturday, Cebu Archbishop […]

Shipping group to seek Duterte’s help to stop Consolacion reclamation project

THE country’s largest shipping group Philippine Coastwise Shipping Association (PCSA) will bring to the Office of the President its objection over the proposed 234.80-hectare Seafront City reclamation project in Consolacion, Cebu, saying it will negatively impact the future of Cebu’s maritime industry and will further add to the burden of shippers that are currently facing […]

Ev Dynamics Sponsors Poly U Ammonia-Powered Vehicle Research Project

HONG KONG, Aug 18, 2021 – (ACN Newswire via – Ev Dynamics (Holdings) Limited (the “Company”, Stock Code: 476, together with its subsidiaries, collectively “Ev Dynamics” or the “Group”), a provider of new energy vehicles and technology integrated solutions, is pleased to sponsor The Hong Kong Polytechnic University (“Poly U”) to carry out its […]

CCMGT (9982.HK) Announces 2021 Interim Results, Revenue Increased 32%, Dividend Payout Ratio Reached 65%

HONG KONG, Aug 16, 2021 – (ACN Newswire via – CENTRAL CHINA MANAGEMENT COMPANY LIMITED (“CCMGT” or the “Company”, stock code: 9982.HK), a leading property project management company in China, today announces its unaudited interim results ended 30 June 2021(“Review Period”). During the Review Period, benefited from the PRC domestic property sector continued to […]