Manila–Cavite Expressway
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Manila–Cavite Expressway
The Manila–Cavite Expressway (more popularly known as CAVITEX), signed as E3 of the Philippine expressway network and R-1 of Metro Manila's arterial road network, is a controlled-access toll expressway linking Manila to the southern province of Cavite in the Philippines. At its north end, it feeds into and from Roxas Boulevard in the city of Parañaque in Metro Manila, also part of R-1. At the south end, it splits into two termini, both along the north coast in Kawit, Cavite. The first feeds into the intersection of Tirona Highway and Antero Soriano Highway. The second southern terminus is on the intersection of Tirona Highway, Antero Soriano Highway and Covelandia Road in Kawit, Cavite. The expressway also serves as a major utility corridor, carrying various high voltage power lines and water pipelines across the densely populated areas of Parañaque and Las Piñas. The final section of the Dasmariñas–Las Piñas Transmission Line and Las Piñas substation of National ...
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Luzon
Luzon (; ) is the largest and most populous island in the Philippines. Located in the northern portion of the Philippines archipelago, it is the economic and political center of the nation, being home to the country's capital city, Manila, as well as Quezon City, the country's most populous city. With a population of 64 million , it contains 52.5% of the country's total population and is the fourth most populous island in the world. It is the 15th largest island in the world by land area. ''Luzon'' may also refer to one of the three primary island groups in the country. In this usage, it includes the Luzon mainland, the Batanes and Babuyan groups of islands to the north, Polillo Islands to the east, and the outlying islands of Catanduanes, Marinduque and Mindoro, among others, to the south. The islands of Masbate, Palawan and Romblon are also included, although these three are sometimes grouped with another of the island groups, the Visayas. Etymology The name ''Luz ...
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Controlled-access Highway
A controlled-access highway is a type of highway that has been designed for high-speed vehicular traffic, with all traffic flow—ingress and egress—regulated. Common English terms are freeway, motorway and expressway. Other similar terms include ''throughway'' and '' parkway''. Some of these may be limited-access highways, although this term can also refer to a class of highways with somewhat less isolation from other traffic. In countries following the Vienna convention, the motorway qualification implies that walking and parking are forbidden. A fully controlled-access highway provides an unhindered flow of traffic, with no traffic signals, intersections or property access. They are free of any at-grade crossings with other roads, railways, or pedestrian paths, which are instead carried by overpasses and underpasses. Entrances and exits to the highway are provided at interchanges by slip roads (ramps), which allow for speed changes between the highway and arterials ...
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Manila Bay
Manila Bay ( fil, Look ng Maynila) is a natural harbor that serves the Port of Manila (on Luzon), in the Philippines. Strategically located around the capital city of the Philippines, Manila Bay facilitated commerce and trade between the Philippines and its neighboring countries,Jacinto, G.S., Azanza, R.V., Velasquez, I.B. and Siringan, F.P.(2006)."Manila Bay:Environmental Challenges and Opportunities" in Wolanski, E.(ed.) The Environment in Asia Pacific Harbours. Springer: Dordrecht, Netherlands. p309-328. becoming the gateway for socio-economic development even prior to Spanish occupation. With an area of , and a coastline of , Manila Bay is situated in the western part of Luzon and is bounded by Cavite and Metro Manila on the east, Bulacan and Pampanga on the north, and Bataan on the west and northwest.Jacinto, G.S., Velasquez, I.B., San Diego-McGlone, M.L., Villanoy, C.L. and Siringan, F.B.(2006)."Biophysical Environment of Manila Bay - Then and Now", in Wolanski, E.(ed.)Th ...
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Metro Pacific Investments Corporation
Metro Pacific Investments Corporation (MPIC) is a Philippine-based unit investment holding company of First Pacific Company Limited through Metro Pacific Holdings, Inc. MPIC through its subsidiaries, provides water, sanitation, and sewerage services and also operates in real estate, and infrastructure projects. It also invests in some hospitals in the Philippines. In May 2016, GT Capital Holdings Inc. acquired 15.6 percent of MPIC, which will, in turn, buy control over GT Capital’s Global Business Power Corporation in a deal worth PHP 29.89 billion. GT Capital acquired 3.6 billion new common shares in MPIC at PHP 6.10 per share amounting to a stake of 11.4 percent on an expanded capital base for a total cash consideration of PHP 21.96 billion. It also acquired a further 1.3 billion common shares in MPIC from Metro Pacific Holdings, Inc. (MPHI), a Philippine affiliate of First Pacific Company, at the same price, for a total of PHP 7.93 billion in cash. These transactions resul ...
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Joint Venture
A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to access a new market, particularly Emerging market; to gain scale efficiencies by combining assets and operations; to share risk for major investments or projects; or to access skills and capabilities. According to Gerard Baynham of Water Street Partners, there has been much negative press about joint ventures, but objective data indicate that they may actually outperform wholly owned and controlled affiliates. He writes, "A different narrative emerged from our recent analysis of U.S. Department of Commerce (DOC) data, collected from more than 20,000 entities. According to the DOC data, foreign joint ventures of U.S. companies realized a 5.5 percent average return on assets (ROA), while those companies’ wholly owned and controlled affiliates ( ...
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Office Of The President Of The Philippines
The Office of the President of the Philippines (OP; fil, links=no, Tanggapan ng Pangulo ng Pilipinas), is an administrative, advisory, and consultative government agency that aids the president of the Philippines in performing their duty as head of state and chief of the executive branch of government. The office is housed within the Malacañang Palace complex. History The Office of the President (OP) was created through Administrative Order No. 322, s. 1997. The order was issued following the submission of position papers by the officials of the Department of History of the University of the Philippines, and the Board of National Historical Institute which conducted deliberations and consultations in four meetings held at the Malacañang Palace from May 5 to June 25, 1997. The order established the office retroactively to the date of the date of the Tejeros Convention. The convention was held on March 22, 1897, which saw the election of Emilio Aguinaldo as President of the ...
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Government-owned And Controlled Corporation
In the Philippines, a government-owned and controlled corporation (GOCC), sometimes with an "and/or", is a state-owned enterprise that conducts both commercial and non-commercial activity. Examples of the latter would be the Government Service Insurance System (GSIS), a social security system for government employees. There are over 200 GOCCs as of 2020. GOCCs both receive subsidies and pay dividends to the national government. Under the GOCC Governance Act (Republic Act No. 10149; Government Owned and Controlled Corporations (GOCC) Governance Act of 2011), GOCCs are overseen by the Governance Commission for Government-Owned or Controlled Corporations (GCG). The Governance Commission is the "government's central advisory and oversight body over the public corporate sector" according to the Official Gazette of the Philippine government. The Governance Commission among other duties prepares for the president of the Philippines a shortlist of candidates for appointment by the presid ...
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Maynilad Water Services
Maynilad Water Services, Inc., better known as Maynilad, is the water and wastewater services provider of cities and municipalities that form the West Zone of the Greater Manila Area in the Philippines. It is an agent and contractor of the Metropolitan Waterworks and Sewerage System (MWSS). Maynilad is one of two private water providers in Metro Manila, the other being Manila Water. Incorporated in 1997, Maynilad currently serves over 9 million people in the cities of Caloocan, Las Piñas, Malabon, Muntinlupa, Navotas, Parañaque, Pasay, and Valenzuela; along with most of the City of Manila and portions of Quezon City and Makati west of the Metro Manila Skyway. Outside of Metro Manila, in Cavite Province it serves the cities of Cavite, Bacoor and Imus and the municipalities of Kawit, Noveleta and Rosario. History As part of the water privatization in Metro Manila, the Metropolitan Waterworks and Sewerage System awarded contracts to two companies splitting Metro Manila into a we ...
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Meralco
The Manila Electric Company (), also known as Meralco (, ), is an electric power distribution company in the Philippines. It is Metro Manila's only electric power distributor and holds the power distribution franchise for 22 cities and 89 municipalities, including the whole of the National Capital Region and the exurbs that form Mega Manila. The name "Meralco" is an acronym for Manila Electric Railroad and Light Company, which was the company's official name until 1919. History La Electricista Organized in 1891 and beginning operations in late 2000, La Electricista was the first electric company to provide electricity to Manila towards the close of the Spanish era. La Electricista had built a central power plant on Calle San Sebastian (now Hidalgo Street ) in Quiapo, Manila. On January 17, 1895, its streetlights were turned on for the first time and by 1903, it had about 3,000 electric light customers. Founding of the Manila Electric Railroad and Light Company On October 20, 1 ...
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National Grid Corporation Of The Philippines
The National Grid Corporation of the Philippines (NGCP) is a privately owned corporation that was created on January 15, 2009, through RA 9511. It is a consortium of three corporations, namely Monte Oro Grid Resources Corporation, Calaca High Power Corporation, and the State Grid Corporation of China. As the franchise holder and transmission service provider, it is in charge of operating, maintaining, and developing the country's state-owned power grid, controls the supply and demand of power by determining the power mix through the selection of power plants to put online (i.e., to signal power plants to produce power, as power plants will only produce power or feed their power to the transmission grid when directed by NGCP), and updates the daily power situation outlook for Luzon, Visayas, and Mindanao power grids (which can be seen on its Facebook page as well as on the business section of newspapers like The Philippine Star, Philippine Daily Inquirer, and Manila Bulletin) by d ...
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