Bloomberg - Claire Jiao and Siegfrid Alegado
Two groups are interested in upgrading the Philippines’ main airport in Manila after a consortium of tycoons said its 102 billion-peso ($2.1 billion) proposal was no longer bankable amid the pandemic.
Aboitiz Equity Ventures Inc., Ayala Corp., Alliance Global Group Inc., LT Group Inc., Filinvest Development Corp., and JG Summit Holdings Inc. on Tuesday said they could only push forward with the airport project under revised terms the group proposed which the government rejected...more
