Bilyonaryo - Business

A new era for Philippine ports: PPA opens largest passenger terminal in Oriental Mindoro

March 27, 2023

Bilyonaryo.com

The Philippine Ports Authority (PPA) has inaugurated the largest passenger terminal building in the country at the Port of Calapan in Oriental Mindoro.

PPA general manager Jay Santiago said the new terminal boasts a passenger capacity of 3,500, which is nearly double the capacity of the old terminal, making it the perfect addition for the coming Holy Week, when many will utilize the country’s ports to travel to their provinces.

“Tuwing peak season, nasa humigit kumulang 12,000 ang pasaherong gumagamit ng pantalan araw-araw na kung minsan ay nasa labas ng lumang terminal ang mga naghihintay kaya naman inaasahan nating hindi na mangyayari ngayon ‘yan dahil mas malaki na ang kapasidad ng bagong passenger terminal building ng Calapan Port,” Santiago said.

Santiago said the Calapan port project is part of the PPA’s initiatives to enhance the convenience and comfort of sea-traveling passengers.

The new passenger terminal building features various amenities such as a playlot, nursing station/clinic, first aid clinic, prayer room, all-gender restroom, and is equipped with escalators and elevators for passengers.

Santiago said the PPA is always committed to prioritizing the welfare of passengers in its projects, and the public can expect more similar projects to be implemented in various places around the country

Before the Holy Week, Santiago is set to conduct inspections around different ports to ensure travelers and tourists’ safety during the peak season.

Related News Tags: Oriental Mindoro, passenger terminal, Philippine Ports Authority (PPA), PPA general manager Jay Santiago

NAIA privatization update: Manila International Airport consortium’s offer and DOTr’s PPP model under evaluation

The Manila International Airport Consortium’s unsolicited offer of over P100 billion to enhance and revitalize the Ninoy Aquino International Airport (NAIA) remains active, despite the Department of Transportation (DOTr) submitting a solicited Public-Private Partnership (PPP) model to the National Economic and Development Authority (NEDA).

Only 7 flights affected: MIAA downplays June 9 power glitch

The Manila International Airport Authority (MIAA) issued a public apology after a power outage occurred at the Ninoy Aquino International Airport (NAIA) on Friday, June 9.

EEI penalized for breaching PSE rules

EEI Corp., a construction giant partly owned by the Yuchengcos, has been penalized by the Philippine Stock Exchange (PSE) for non-compliance with the consolidated listing and disclosure rules.

Philippine unemployment rate drops to 4.5% in April

The country’s unemployment rate eased further to 4.5 percent in April, according to the Philippine Statistics Authority’s latest Labor Force Survey.

Prime Media bolsters financial position with entry of new investors

Prime Media Holdings Inc. is set to receive a significant infusion of capital with the entry of two new investors.

NAIA privatization update: Manila International Airport consortium’s offer and DOTr’s PPP model under evaluation

Only 7 flights affected: MIAA downplays June 9 power glitch

EEI penalized for breaching PSE rules

Philippine unemployment rate drops to 4.5% in April

Prime Media bolsters financial position with entry of new investors

Trade deficit declines in April

Strike 3 na! NAIA suffers from power outage on Independence Day long weekend

Extra funds: Ramon Ang boosts stake in Top Frontier to 35%, dilutes Iñigo Zobel’s holdings to 53%

BBM’s economic team revises inflation outlook for 2023

Recommended from sister websites

→ Abogado
Remulla dismisses bribery claim by Teves camp: Baloney!

→ Abogado
Muntinlupa RTC told by OCA to resolve de Lima case in 9 months

→ Politiko
Marcos to DOH chief Herbosa: Prevent HIV in young Pinoys

→ Politiko
Anong meron? Lawmakers puzzled by Sara Duterte’s reaction to GMA’s demotion

→ Bankero
Analysts predict “Hold” stance on rates from BSP until Mid-2024, anticipate RRR reduction

Power

Meralco raises electricity rates in June, residential customers to experience higher bills

Manila Electric Company (Meralco) has announced an upward adjustment in electricity rates for June, with an increase of P0.4183 per kilowatthour.

Money

HSBC anticipates P360.1 billion surge in financial system as BSP lowers RRR

British Bank HSBC expects the Bangko Sentral ng Pilipinas (BSP) to absorb approximately P360.1 billion in fresh funds that will enter the financial system by the end of June.

Business

Only 7 flights affected: MIAA downplays June 9 power glitch

The Manila International Airport Authority (MIAA) issued a public apology after a power outage occurred at the Ninoy Aquino International Airport (NAIA) on Friday, June 9.

Property

Sy-blings’ ChinaBank to lend P25 billion for Suntrust’s casino hub along Manila Bay

Suntrust Resort Holdings, a subsidiary of the Hong Kong-listed LET Group Holdings, is borrowing up to P25 billion from the Sy family’s China Banking Corp. to fund the development of the Westside City integrated casino in the Pagcor Entertainment City.