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Philippines
Tuesday, September 10, 2024

Darwin G. Amojelar

SMC-led group vows to modernize NAIA, plans to reassign terminals

The New NAIA Infrastructure Corp. (NNIC) led by San Miguel Corp. (SMC) is set to begin modernizing the Ninoy Aquino International Airport as the...

ICTSI Visayas unit adds 2 new cranes to elevate port operations

Visayas Container Terminal (VCT), a facility of International Container Terminal Services Inc. (ICTSI) in Iloilo, enhanced its operational capabilities with the addition of two...

PAL expands Clark hub by reopening flight to Siargao

Philippine Airlines (PAL) said it is expanding its Clark hub network by reopening flights to Siargao starting Dec. 3, 2024. “We are excited to be...

BARMM gets DOF nod to take over Al-Amanah bank

The Department of Finance (DOF) said Monday it is supporting the Bangsamoro government’s proposed acquisition of the Development Bank of the Philippines’ (DBP) shares...

DOTr sets to hold Swiss Challenge for 2 airports this year

The Department of Transportation (DOTr) said Monday it will hold the Swiss Challenge for the two regional airports before the end of 2024. “The unsolicited...

GIR nears $107b, highest in over two years—BSP

The Philippines’ gross international reserves (GIR) rose to $106.9 billion as of end-August 2024 from the end-July 2024 level of $106.7 billion, the Bangko...

PLDT, First Gen expand renewable energy partnership

PLDT Inc. (PLDT) and its wireless unit Smart Communications Inc. (Smart) are expanding their partnership with First Gen Corp. (First Gen) to switch six...

Globe aiming to finish P96-b tower sale this year

Globe Telecom Inc. said it expects to complete the P96-billon tower sale and leaseback deal by the end of the year. The telecom arm of...

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