Carbon Market vendors end 3-day strike with renewed hopes for Congressional Inquiry

Delta Dyrecka Letigio 01/26/2022

CEBU CITY, Philippines — The Carbon Market vendors who went on strike since Monday, January 24, 2022, have ended their protest today with the hopes that a Congressional Inquiry will happen to look into the Joint Venture…

TRO against Carbon Market JVA denied

Delta Derycka C. Letigio 01/05/2022

  CEBU CITY, Philippines — A Cebu City Court has dismissed a petition for a Temporary Restraining Order (TRO) against the Joint Venture Agreement (JVA) between the Cebu City government and Megawide Construction Corp, for the modernization…

Osmeña to shoulder cost of legal assistance to fight Carbon Market privatization

Delta Dyrecka Letigio 12/03/2021

CEBU CITY, Philippines — Former Cebu City Mayor Tomas Osmeña said he will shoulder the cost of the legal assistance to fight Carbon Market privatization. In a rare press conference, the former mayor appeared in front of…

Carbon Market Unit III vendors: We support new Bagsakan

Delta Dyrecka Letigio 10/15/2021

CEBU CITY, Philippines — The vendors of Carbon Market Unit III, Lavo Seaside, took time off their stalls on Friday noon, October 15, 2021, to show their support for the ongoing renovations of their Bagsakan Facility. The…

Divided Cebu City Council agrees to make changes in Carbon Market JVA

Dyrecka Letigio 09/01/2021

CEBU CITY, Philippines — The Cebu City Council agreed to draft a supplementary memorandum of agreement (MOA) to the Joint Venture Agreement (JVA) for the Carbon Modernization project between the city government and Megawide Construction Corp. This…

Rama: Carbon project needs more scrutiny

Dyrecka Letigio 08/26/2021

CEBU CITY, Philippines — Cebu City Vice Mayor Michael Rama said the joint venture agreement (JVA) the city went into with Megawide Construction Corp. for the Carbon Market modernization program would need more scrutiny. In a statement…

Carbon Alliance files TRO against Carbon Market Modernization project

Dyrecka Letigio 08/25/2021

CEBU CITY, Philippines — A multi-sectoral group seeks to make null and void the Joint Venture Agreement (JVA) between the Cebu City government and the construction giant, Megawide Construction Corp., over the Carbon Market modernization program. The…

Cebu City to get P5 million from Megawide this year for Carbon Market modernization

Delta Dyrecka Letigio 06/15/2021

CEBU CITY, Philippines — Cebu City will get P5 million by the end of this year as the Carbon Modernization Project to be undertaken by Megawide Construction Corporation commences. This was the agreed-upon amount in the Joint…

Labella slams City Council: You gave authority to sign JVA

Delta Derycka C. Letigio 03/25/2021

CEBU CITY, Philippines — Cebu City Mayor Edgardo Labella said there is no impediment in the joint-venture-agreement the city undertook with Megawide Construction Corp. for the modernization of the Carbon Market. This was his response after the groundbreaking…

Vendors: We will not give up Carbon Market

Delta Dyrecka Letigio 03/23/2021

CEBU CITY, Philippines — The Carbon Market vendors are dismayed that the groundbreaking for the Carbon Modernization program will push through on Tuesday, March 23, 2021, despite issues surrounding the joint-venture-agreement (JVA) the city has entered through…

Megawide continues talks with Carbon Market vendors

Delta Dyrecka Letigio 03/18/2021

CEBU CITY, Philippines — The developer of the Carbon Market modernization program, Megawide Construction Corporation, which has been granted a joint-venture agreement (JVA) with the Cebu City government, continues to discuss concerns with the stakeholder-vendors of the…

Labella okays joint venture deal for digital traffic system upgrade project

Delta Dyrecka Letigio 10/14/2020

CEBU CITY, Philippines — Cebu City Mayor Edgardo Labella has issued a notice to proceed for the joint venture agreement (JVA) between the city and two companies that will update the 30-year-old traffic system of the city.…

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