The Supreme Court has cleared the way for the resumption of a claims suit at the Makati City Regional Trial Court filed by two Japanese companies against the Philippine International Terminals Co. Inc. (Piatco) for the construction of Ninoy Aquino International Airport Terminal (Naia) 3.
The Court of Appeals has denied for lack of merit the appeal of the builder of the Ninoy Aquino International Airport (Naia) Terminal 3 questioning its previous decision, which upheld the orders of a London court directing it to pay $172 million to its two Japanese contractors.
A Pasay City regional trial court has approved the petition of the government to put in escrow over $175 million (about P7.6 billion) as payment to a German contractor for the expropriation of the Ninoy Aquino International Airport (Naia) Terminal 3. Acting on a motion filed by the Office of the Solicitor General (OSG), Pasay [...]
Senator Panfilo Lacson has uncovered new evidence that could re-open a Senate investigation into the bribe allegations involving the Philippine International Air Terminal Co. (PIATCo).
MANILA, Philippines—Some men on a mission start out on their jobs with pompous promises. Former Sen. Manuel “Mar” Roxas began his simply with a song—a Burt Bacharach oldie about a lover waiting for a plane to bring his sweetheart back to him. It might have been a lighthearted beginning but Roxas was definite about one [...]
MANILA, Philippines—Despite the odds, President Benigno Aquino III is still upbeat that his allies in the Senate could still muster the support needed to enact a bill postponing the elections of the Autonomous Region of Muslim Mindanao (ARMM) and synchronizing it with the 2013 midterm elections. According to the President, he is willing to “talk [...]
The German embassy in Manila called for a Filipino-German builder to negotiate a settlement to end a festering legal dispute over the capital’s expropriated main airport terminal. The mission said the six-year-old dispute could drag on for years more, preventing the full use of the much-needed Terminal 3 as two other Manila passenger terminals age [...]
