December 16, 2017, 10:36 pm
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1 Philippine Peso = 0.07288 UAE Dirham
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1 Philippine Peso = 0.03533 Neth Antilles Guilder
1 Philippine Peso = 0.34712 Argentine Peso
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1 Philippine Peso = 0.01689 Euro
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1 Philippine Peso = 0.01488 Falkland Islands Pound
1 Philippine Peso = 0.0149 British Pound
1 Philippine Peso = 0.08949 Ghanaian Cedi
1 Philippine Peso = 0.93628 Gambian Dalasi
1 Philippine Peso = 177.61016 Guinea Franc
1 Philippine Peso = 0.14561 Guatemala Quetzal
1 Philippine Peso = 4.01171 Guyana Dollar
1 Philippine Peso = 0.15502 Hong Kong Dollar
1 Philippine Peso = 0.46602 Honduras Lempira
1 Philippine Peso = 0.12717 Croatian Kuna
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1 Philippine Peso = 1.27173 Indian Rupee
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1 Philippine Peso = 706.60975 Iran Rial
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1 Philippine Peso = 1.38392 Kyrgyzstan Som
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1 Philippine Peso = 17.86423 North Korean Won
1 Philippine Peso = 21.58495 Korean Won
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1 Philippine Peso = 6.65919 Kazakhstan Tenge
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1 Philippine Peso = 0.1878 Moroccan Dirham
1 Philippine Peso = 0.33869 Moldovan Leu
1 Philippine Peso = 1.03414 Macedonian Denar
1 Philippine Peso = 27.03454 Myanmar Kyat
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1 Philippine Peso = 0.15967 Macau Pataca
1 Philippine Peso = 6.9869 Mauritania Ougulya
1 Philippine Peso = 0.67209 Mauritius Rupee
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1 Philippine Peso = 0.37963 Mexican Peso
1 Philippine Peso = 0.08094 Malaysian Ringgit
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1 Philippine Peso = 0.16635 Norwegian Krone
1 Philippine Peso = 2.03573 Nepalese Rupee
1 Philippine Peso = 0.02839 New Zealand Dollar
1 Philippine Peso = 0.00762 Omani Rial
1 Philippine Peso = 0.01985 Panama Balboa
1 Philippine Peso = 0.06535 Peruvian Nuevo Sol
1 Philippine Peso = 0.06434 Papua New Guinea Kina
1 Philippine Peso = 1 Philippine Peso
1 Philippine Peso = 2.17745 Pakistani Rupee
1 Philippine Peso = 0.07099 Polish Zloty
1 Philippine Peso = 111.57205 Paraguayan Guarani
1 Philippine Peso = 0.07225 Qatar Rial
1 Philippine Peso = 0.07797 Romanian New Leu
1 Philippine Peso = 1.1679 Russian Rouble
1 Philippine Peso = 16.58892 Rwanda Franc
1 Philippine Peso = 0.07443 Saudi Arabian Riyal
1 Philippine Peso = 0.15358 Solomon Islands Dollar
1 Philippine Peso = 0.26852 Seychelles Rupee
1 Philippine Peso = 0.13219 Sudanese Pound
1 Philippine Peso = 0.16899 Swedish Krona
1 Philippine Peso = 0.02675 Singapore Dollar
1 Philippine Peso = 0.01489 St Helena Pound
1 Philippine Peso = 0.44077 Slovak Koruna
1 Philippine Peso = 151.44898 Sierra Leone Leone
1 Philippine Peso = 11.09567 Somali Shilling
1 Philippine Peso = 413.80507 Sao Tome Dobra
1 Philippine Peso = 0.17368 El Salvador Colon
1 Philippine Peso = 10.22191 Syrian Pound
1 Philippine Peso = 0.26054 Swaziland Lilageni
1 Philippine Peso = 0.6449 Thai Baht
1 Philippine Peso = 0.04961 Tunisian Dinar
1 Philippine Peso = 0.04557 Tongan paʻanga
1 Philippine Peso = 0.07666 Turkish Lira
1 Philippine Peso = 0.13159 Trinidad Tobago Dollar
1 Philippine Peso = 0.5944 Taiwan Dollar
1 Philippine Peso = 44.30329 Tanzanian Shilling
1 Philippine Peso = 0.54875 Ukraine Hryvnia
1 Philippine Peso = 71.55617 Ugandan Shilling
1 Philippine Peso = 0.01985 United States Dollar
1 Philippine Peso = 0.57046 Uruguayan New Peso
1 Philippine Peso = 160.57959 Uzbekistan Sum
1 Philippine Peso = 0.198 Venezuelan Bolivar
1 Philippine Peso = 450.55577 Vietnam Dong
1 Philippine Peso = 2.09845 Vanuatu Vatu
1 Philippine Peso = 0.05144 Samoa Tala
1 Philippine Peso = 11.07165 CFA Franc (BEAC)
1 Philippine Peso = 0.05359 East Caribbean Dollar
1 Philippine Peso = 11.49782 CFA Franc (BCEAO)
1 Philippine Peso = 2.00337 Pacific Franc
1 Philippine Peso = 4.96129 Yemen Riyal
1 Philippine Peso = 0.26079 South African Rand
1 Philippine Peso = 103.00714 Zambian Kwacha
1 Philippine Peso = 7.18341 Zimbabwe dollar

Solar ready to build Cavite airport

Edmund Lim, vice chairman of All-Asia Resources and Reclamation Corp. (ARRC), a unit of the Solar Group, yesterday said the company is ready to start building a new airport in Cavite with the government not needing to spend a centavo.

Lim said that the international airport in Sangley can be operational in four to five years after the government gives a notice to proceed. 

“It will be built by our company in partnership with foreign partners without the need for a single cent from the government. We have already signed all the contracts to make this happen. We are ready but we need the government to give its nod,” he added.

Lim stressed the need to have two additional international airports in Clark and another in Sangley Point in Cavite. 

ARRC is pushing for the development of Sangley as the new site for the international airport vis-a-vis the Ninoy Aquino International Airport (NAIA). 

According to Lim, having two international gateway airports is good “for public convenience and to cope with demand growth in the future.”

“These two are strategically located to serve the northern and southern parts of Luzon. Those in Metro Manila can choose which one is more convenient to them which will also help ease traffic,” said Lim.

Lim said Clark International Airport only needs to be upgraded and “perhaps should be the one whose operations and maintenance should be privatized,” referring to a government decision to hold the O&M for NAIA apparently to give way to the development of a new airport.

NAIA has two intersecting runways and limited space for expansion, especially for a new parallel runway. 

“We can have two airports we can be proud of, not just one. Clark is underutilized because it really needs to have a new terminal and infrastructure for easy access. It is the one that must be privatized, not NAIA,” said Lim.

CAPA Aviation Center, an international think tank, said in its January report NAIA should only be upgraded but not privatized, though it runs the risk of discouraging the construction of a new airport unless the contract is sweetened.

The Japan International Cooperation Agency, on the other hand, said NAIA has no expansion space to cope with current and future growth, and must be replaced by a new one, preferably in Sangley.

The Solar Group, of which ARRC is a part of, was earlier reported to have partnered with the SM Group’s Belle Corp. to push the development of Sangley as an international air hub.
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