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MRT Line 4 (Metro Manila)
The Metro Rail Transit Line 4, also known as MRT Line 4, is an approved mass rapid transit line to be built in Metro Manila and Rizal in the Philippines. When completed, it will be the second rapid transit line serving the province of Rizal after the extension of LRT Line 2 to Antipolo, and is expected to significantly reduce the volume of vehicular traffic along Ortigas Avenue and improve connectivity in the eastern parts of the metropolis, including the nearby municipalities in southwestern Rizal. The proposal, consisting of eleven stations, will be an elevated railway line with a right-of-way alignment along Granada Street, Ortigas Avenue and Taytay Diversion Road, linking suburban Taytay, Rizal to the Ortigas Center business district in eastern Metro Manila. The project is expected to cost an estimated ₱59.3 billion or US$1.1 billion. According to the Department of Finance, the Philippine government is looking to fund the construction through the Asian Infrastructure ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rapid Transit
Rapid transit or mass rapid transit (MRT), also known as heavy rail or metro, is a type of high-capacity public transport generally found in urban areas. A rapid transit system that primarily or traditionally runs below the surface may be called a subway, tube, or underground. Unlike buses or trams, rapid transit systems are railways (usually electric railway, electric) that operate on an exclusive right-of-way (transportation), right-of-way, which cannot be accessed by pedestrians or other vehicles, and which is often grade-separated in tunnels or on elevated railways. Modern services on rapid transit systems are provided on designated lines between rapid transit station, stations typically using electric multiple units on rail tracks, although some systems use guided rubber tires, magnetic levitation (''maglev''), or monorail. The stations typically have high platforms, without steps inside the trains, requiring custom-made trains in order to minimize gaps between train a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ortigas Avenue
Ortigas Avenue is a highway running from eastern Metro Manila to western Rizal in the Philippines. It is one of the busiest highways in Metro Manila, serving as the main thoroughfare of the metro's east–west corridor, catering mainly to the traffic to and from Rizal. The western terminus of the highway is at the boundary of San Juan and Quezon City. The highway then traverses through Ortigas Center and along the cities of Mandaluyong, Quezon City, and Pasig, followed by the municipalities of Cainta and Taytay, and finally ending in the city of Antipolo. The portion of Ortigas Avenue from Eulogio Rodriguez Jr. Avenue ( C-5) in Pasig to Taytay Diversion Road in Taytay is designated as a component of Radial Road 5 (R-5). The highway is also designated as National Route 60 (N60) and National Route 184 (N184) of the Philippine highway network, respectively. Name The highway is named after Filipino lawyer and businessman Don Francisco Emilio Barcinas Ortigas Sr. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MRT Line 7
The Metro Rail Transit Line 7, also known as MRT Line 7 or MRT-7, is a rapid transit line under construction in the Philippines. When completed, the line will be long, with 14 stations, and the first line to have a third rail electrification. The line runs in a northeast–southwest direction, beginning at San Jose del Monte, Bulacan up to the North Triangle Common Station in North Avenue, Quezon City. First planned in 2001 and approved in 2004, the 25-year concession agreement was signed in 2008 between the Philippine government and the project's original proponent, Universal LRT Corporation. However, construction has been repeatedly delayed due to right-of-way issues. The project was re-approved in 2013, while funding for the project was obtained in 2016. Construction on the line began the following year and is slated to open by December 2022. The project will cost an estimated ₱62.7 billion (US$1.54 billion), with additional plans are laid for capacity expansion in orde ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Quezon Memorial Circle
The Quezon Memorial Circle is a national park located in Quezon City, Metro Manila, Philippines. The park is located inside a large traffic circle in the shape of an ellipse and bounded by the Elliptical Road and is the main park of Quezon City (which served as the official capital of the Philippines from 1948 to 1976). Its main feature is a tall mausoleum containing the remains of Manuel L. Quezon, the second official President of the Philippines and the first of an internationally recognized independent Philippines, and his wife, First Lady Aurora Quezon. This location will be the street alignment for the approved Manila Metro Rail Transit System Line 7 named Quezon Memorial MRT Station and the station will be underground. "Circle", as locals call it, has been undergoing significant changes in order to lure in more tourists both local and foreign. Due to these beautification efforts of the local government the number of visitors is continuously increasing. History The sit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
MRT Line 8
The Metro Rail Transit Line 8, or MRT-8, also known as PNR East-West Line, is a proposed rapid transit line in the Philippines. It would be a railway system connecting Sampaloc, Manila and Diliman, Quezon City via Commonwealth Avenue, Quezon Avenue, and España Boulevard. The railway line was formerly designated as ''MRT-9'', which has since been designated to the Metro Manila Subway) Background The right-of-way of Line 8 can be traced to the original MRT Line 4 proposal in the late 20th century. In 1999, the former Line 4 was to be located between Recto Avenue in Manila and Batasan Hills in Quezon City. The proposed line was eventually renumbered as Line 8, with Line 4 redefined as the monorail alignment between Pasig and Taytay, Rizal after its approval in 2019. An unsolicited proposal for the project was submitted to the Philippine government by Malaysia-based construction engineering company AlloyMTD group in 2016, and is awaiting approval by the National Economic Dev ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Batasan Hills
Batasan Hills is a barangay of Quezon City, Philippines. The barangay was originally planned as the National Government Center of the Philippines. The Batasang Pambansa Complex, which sits atop the Constitution Hill, is the legislative session hall of the House of Representatives of the Philippines. The Sandiganbayan, a special appellate court, is also located here. The barangay borders the barangays of Commonwealth and Bagong Silangan to the north, Barangay Holy Spirit to the west, Barangay Matandang Balara to the south, and the municipality of San Mateo, Rizal to the east. Background Barangay Batasan Hills is a portion of Barangay Matandang Balara separated and constituted into a new barangay through the initiative of Ben Morales/President- Filinvest 1 Homeowners association, Melvin Morallos/Chairman-Tanggol Karapatan Dist.II/August Twenty One Movement and Manolo Taroy/Congressional Staff of Congressman Alberto of Catanduanes who sponsored the bill for the creation of Bara ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Recto Avenue
Claro M. Recto Avenue, more popularly known as simply Recto Avenue, is the principal commercial thoroughfare in north-central Manila, Philippines. It spans seven districts just north of the Pasig River in what is generally considered Manila's old downtown area. Recto's western terminus is at an intersection with Mel Lopez Boulevard (Radial Road 10) at the district boundaries of Tondo, Manila, Tondo and San Nicolas, Manila, San Nicolas close to the Manila North Harbor. It runs northeast before curving to the east at Juan Luna Street and Estero de Binondo, Manila, Binondo. It then passes through the Divisoria shopping area of Manila south of the Tutuban railway station until it curves southeast past the A. Rivera Street junction. East of Rizal Avenue and Santa Cruz, Manila, Santa Cruz district, Recto intersects with the streets of the University Belt area of and Sampaloc, Manila, Sampaloc before terminating at Legarda Street and Mendiola Street at the district boundaries of and ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ortigas Avenue, Ortigas Center (Pasig; 03-17-2021)
Ortigas Center is a central business district located within the joint boundaries of Pasig, Mandaluyong and Quezon City, within the Metro Manila region in the Philippines. With an area of more than , it is Metro Manila's second most important business district after the Makati CBD. It is governed by Ortigas Center Association, Inc. Ortigas Center is home to many shopping malls, office and condominium skyscrapers, nightlife bars, restaurants and other building complexes. These include the St. Francis Square, the Asian Development Bank compound, the Oakwood Premier serviced apartments and a Shangri-La hotel. It is also the headquarters of San Miguel Corporation, Jollibee Foods Corporation, Viva Communications, Century Pacific Food, the Philippine branch of HSBC, Republic Biscuit Corporation (Rebisco), and Robinsons Galleria. Also present in the area are Philippine offices of prominent engineering firms such as Parsons Brinckerhoff, Sinclair Knight Merz, and WSP Group. It also ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Development Bank
The Asian Development Bank (ADB) is a regional development bank established on 19 December 1966, which is headquartered in the Ortigas Center located in the city of Mandaluyong, Metro Manila, Philippines. The bank also maintains 31 field offices around the world to promote social and economic development in Asia. The bank admits the members of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP, formerly the Economic Commission for Asia and the Far East or ECAFE) and non-regional developed countries. From 31 members at its establishment, ADB now has 68 members. The ADB was modeled closely on the World Bank, and has a similar weighted voting system where votes are distributed in proportion with members' capital subscriptions. ADB releases an annual report that summarizes its operations, budget and other materials for review by the public. The ADB-Japan Scholarship Program (ADB-JSP) enrolls about 300 students annually in academic institutions locate ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asian Infrastructure Investment Bank
The Asian Infrastructure Investment Bank (AIIB) is a multilateral development bank that aims to improve economic and social outcomes in Asia. The bank currently has 105 members, including 14 prospective members from around the world. The breakdown of the 105 members by continents are as follows: 42 in Asia, 26 in Europe, 20 in Africa, 8 in Oceania, 8 in South America, and 1 in North America. The bank started operation after the agreement entered into force on 25 December 2015, after ratifications were received from 10 member states holding a total number of 50% of the initial subscriptions of the Authorized Capital Stock. The United Nations has addressed the launch of AIIB as having potential for "scaling up financing for sustainable development" and to improve the global economic governance. The starting capital of the bank was US Dollar, US$100 billion, equivalent to of the capital of the Asian Development Bank and about half that of the World Bank. The bank was pro ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Department Of Finance (Philippines)
The Department of Finance (DOF; fil, Kagawaran ng Pananalapi) is the executive department of the Philippine government responsible for the formulation, institutionalization and administration of fiscal policies, management of the financial resources of the government, supervision of the revenue operations of all local government units, the review, approval and management of all public sector debt, and the rationalization, privatization and public accountability of corporations and assets owned, controlled or acquired by the government. History The Department of Finance was established on March 17, 1897, at the same time that the Revolutionary Government was founded in Naic, Cavite. General Baldomero Aguinaldo was appointed Director of Finance by General Emilio Aguinaldo. The Finance Director became the Secretary of the Treasury under the first constitutional republican government, the Biak-na-Bato Republic. In 1901, the Department of Finance and Justice was formally organized ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Philippine Peso
The Philippine peso, also referred to by its Tagalog name ''piso'' (Philippine English: , , plural pesos; tl, piso ; sign: ₱; code: PHP), is the official currency of the Philippines. It is subdivided into 100 ''sentimo'', also called centavos. The Philippine peso sign is denoted by the symbol "₱", introduced under American rule in place of the original peso sign "$" used throughout Spanish America. Alternative symbols used are "PHP", "PhP", "Php", or just "P". The monetary policy of the Philippines is conducted by the Bangko Sentral ng Pilipinas (BSP), established on July 3, 1993, as its central bank. It produces the country's banknotes and coins at its Security Plant Complex, which is set to move to New Clark City in Capas, Tarlac."Overview of the BSP" Bangko Sentral ng Pilipinas (BSP) Official Website. Retrieved on October 1, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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