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Philippines
Tuesday, May 7, 2024

Transport & Tourism

ICTSI’s net income jumped by 36% to $209.88m in first three months

International Container Terminal Services Inc. (ICTSI) said Monday net income climbed 36 percent in the first quarter of 2024 on higher operating income, interest and non-recurring income from the settlement of legal claims. The port operator posted a net income of $209.88 million from January to March, up from $154.61 million in the same period last year. It said that excluding the income from the settlement of legal claims by ICTSI...

NLEX borrowing P5b to support expansion projects

NLEX Corp. said it will borrow P5 billion to partially finance the...

PAL booked $81-m income in first quarter

Philippine Airlines (PAL) said Thursday its comprehensive income fell 25 percent in...

MPTC to buy stake in Indonesian toll operator by August

Metro Pacific Tollways Corp. (MPTC) expects to finalize the acquisition of a...

LATEST Transport & Tourism

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Cebu Pacific, South Pole discuss climate strategy

Cebu Pacific Air on Tuesday announced its partnership with South Pole to establish its climate strategy to strengthen their commitment to environmental stewardship. “Cebu Pacific...

Bulacan airport, Metro Manila subway likely to open by 2028

The Department of Transportation said Monday the Bulacan International Airport and the Metro Manila Subway Project are expected to be partly operational by the...

PAL expands codeshare accord with China Airlines

Philippine Airlines said Monday it expanded its codeshare agreement with China Airlines to serve the growing travel demand between the Philippines and Taiwan. The expanded...

Local flights drop face mask requirement

Local airlines on Monday announced that wearing face masks would no longer be required on all domestic flights after the government lifted the state...

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