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MPTC kicks off P8-B Lapu-Lapu Expressway phase 1 bidding
Business World Philippines
|November 24, 2025
METRO PACIFIC Tollways Corp. (MPTC) has started the bidding process to select contractors for the first phase of its P8-billion Lapu-Lapu Expressway (LLEx) expansion, which is expected to be completed by the fourth quarter of 2027.
"We are actually bidding it out now," MPTC President and Chief Executive Officer Gilbert Gabriel F. Santa Maria said at a recent media briefing.
"We have an alignment already, but one of the things we need to do is that a lot of it goes over the same alignment with an existing road. The feasibility is done. We acquired the concession rights, and there was already an approval to do this... We are just bidding it out to see which EPC (engineering, procurement, and construction) contractors, or separate construction contractors, want to do this for us," he added.
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Business World Philippines
Chinese sportswear maker Anta Sports Products exploring bid for Puma
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More than half of new articles on the internet are being written by AI – is human writing headed for extinction?
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4 mins
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Bulacan contractors tied to 'ghost' projects face tax evasion raps — BIR
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Intel denies TSMC allegations that executive leaked trade secrets
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1 min
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PHL card payments seen growing to P4.2 trillion
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2 mins
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Federal Land opens first FIFA-standard football field in Marikina City
THE Federal Land, Inc. (FLI) on Wednesday said that it seeks to encourage a more active lifestyle and bring new opportunities to Marikina City through its first football field aligned with the standards of the Fédération Internationale de Football Association (FIFA).
2 mins
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Business World Philippines
Recto tax amnesty proposal seen providing relief while DoF grapples with audit abuses
THE FEDERATION of Philippine Industries (FPI) said a tax amnesty floated by the previous secretary of the Department of Finance (DoF) could be a good starting point as the department grapples with the issue of revenue officers abusing their authority when inspecting taxpayers’ books.
1 mins
November 28, 2025
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Meralco to redeem remaining P2.87-B bonds in December
MANILA ELECTRIC CO. (Meralco) will retire the remaining P2.87 billion of its P7-billion 12-year bonds next month, it said in a stock exchange filing on Thursday.
1 min
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AirAsia MOVE broadens network with VietJet Air flight integration
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1 min
November 28, 2025
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