DOTC Acquires Brand-New Rail Grinding Machine For MRT-3

Wazzup Pilipinas!

The Department of Transportation and Communications (DOTC) has awarded another improvement project for the Metro Rail Transit Line 3 (MRT-3) system to minimize operational disruptions by ensuring better track upkeep.

The joint venture of Kempal Construction & Supply Corp. and TPE Share Sales Inc. bagged the P160-Million contract to supply a brand-new rail grinding machine which will remove track irregularities and extend track life.

The machine, along with operations and maintenance manuals, repair tools, and a five (5)-year supply of spares, will be delivered within 360 calendar days from issuance of the Notice to Proceed.

This will put an end to the classification of systematic rail grinding as special repair works – which entails additional costs – and instead characterize it as an ordinary preventive maintenance undertaking. With its own rail grinding machine, the MRT-3 management can minimize costs, as similar equipment will no longer be leased from other firms.

2016 Outlook, ASEAN Integration To Be Discussed In Upcoming Real Estate Summit

Wazzup Pilipinas!

The ASEAN integration’s impact on the local real estate industry, the market’s 2016 outlook, and the government’s public–private partnership projects—these are just some of the key topics to be discussed in the upcoming 4th Asia Pacific Real Estate Investment Summit (APREIS), to be held at Solaire Resort & Casino on October 22.

The summit will gather in one venue some 300 professionals from leading property developers, funds and asset managers, and investors for a day of networking to interact and share their views on various issues affecting the industry—with the goal of promoting and strengthening the Philippine real estate sector.

Guests expected to grace the summit include Trade and Industry secretary Gregory Domingo, who will discuss the upcoming ASEAN integration and its impact on the local real estate sector; and CBRE chairman Rick Santos, who will share his outlook for the Philippines’ real estate industry in 2016.

Meanwhile, Macquarie Capital’s Michael Chan will tackle private capital financing for large-scale real estate projects, and Cossette Canilao, executive director of Philippine Public–Private Partnership Center, will discuss the transformation of Philippine infrastructure through successful PPP delivery.

Rodolfo Salalima Authors Telecommunications in the Information Revolution

Wazzup Pilipinas!

Globe Chief Legal Counsel and Senior Advisor Rodolfo A. Salalima, a recognized authority in the field of telecommunications law, launches his new book titled: “Telecommunications in the Information Revolution”.

The book is a compilation of the law and jurisprudence on telecommunications and of insights on the evolving language and fundamental issues of the Internet revolution. It helps provide understanding on the current communications technologies that help shape the change in people’s lives and lifestyles. It is also used as a textbook filled with legal commentary for law students, and as a reference material for industry practitioners and non-lawyers.

According to Salalima, the book is an attempt to make it easier for ordinary readers to comprehend current technologies on telecommunications, broadcasts, and disruptive innovations, “ I hope that this may help influence others in understanding these technologies or contribute in the utilization of these technologies not only as tools for better social networking and communications but also, for nation building and growth.”

Chancellor Adolfo S. Azcuna of the Philippine Judicial Academy and former Associate Justice of the Supreme Court shared his appreciation of Atty. Salalima’s new book, “ He has done us all a good turn once again. I am delighted to see him produce another masterpiece. This book on Telecommunications in the Information Revolution is vintage RAS, a handy source of practical advice as well as a thorough treatment of the subject.”

The book launch will happen at the Radiate Room, the Loft of the Globe Tower, Bonifacio Global City, Taguig on October 9, 2015. If you wish to have a copy of the book, you may buy at the UP Law Center, Malcolm Hall, University of the Philippines Diliman, Quezon City.