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Philippines
Monday, October 14, 2024

Darwin G. Amojelar

Hike in airport fees necessary to avoid jacking up air fares—DOTR

The Department of Transportation (DOTr) on Wednesday said the increase in airport and terminal fees is unlikely to lead to a substantial increase in...

BSP: September Inflation likely eased to 2% on stable food prices

The Bangko Sentral ng Pilipinas (BSP) said Tuesday September inflation likely settled within a range of 2 percent to 2.8 percent. The projection is lower...

NAIA operator hikes overnight parking rate by 300% to P1,200

The overnight parking rate for passenger cars and commercial vehicles at the Ninoy Aquino International Airport (NAIA) quadrupled to P1,200 from P300 under the...

Meralco, Metro Pacific raise shareholdings in PLDT-controlled DigiCo

Manila Electric Co. (Meralco) and Metro Pacific Investments Corp. (MPIC) raised their stakes in a digital company owned by the MVP Group of Manuel...

Hot money net inflows surged 542% to nearly $2b in 8 months

Net inflows of foreign portfolio investments or hot money reached $1.998.04 billion in the first eight months of 2024, larger by 542.9 percent than...

Smart, Maya warn against rise of ‘text hijacking’

PLDT Inc. wireless unit Smart Communications Inc. (Smart) and Maya, the country’s leading digital bank, warned the public against the rising threat of “text...

Overnight parking rate at NAIA quadruples to P1,200

The overnight parking rate for cars at the Ninoy Aquino International Airport (NAIA) quadrupled to P1,200 from P300 under the policy of the private...

ICTSI’s flagship facility in Manila welcomes LNG-powered vessel

The Manila International Container Terminal (MICT), a flagship facility of International Container Terminal Services Inc. (ICTSI), welcomed the CMA CGM Passion—the first liquefied natural...

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