spot_img
27.7 C
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

LATEST

DOTr expects to award P170-b NAIA contract by December

The Department of Transportation expects to award the P170-billion contract to rehabilitate and expand the Ninoy Aquino International Airport by end-December this year, Secretary...

IMI, Zero Motorcycles inaugurate manufacturing plant in Laguna

Integrated Micro-Electronics Inc. of the Ayala Group and California-based Zero Motorcycles on Wednesday inaugurated the first high powered e-motorcycle manufacturing assembly line at the...

NEDA board approves privatization of NAIA, sidelines consortium’s unsolicited offer

The National Economic and Development Authority board approved a solicited mode for the privatization of the Ninoy Aquino International Airport, effectively rendering the P267-billion...

United Airlines to compete with PAL in Manila-San Francisco route

United Airlines said Wednesday it would mount daily nonstop service from Manila to San Francisco in October 2023. The new flight, still subject to government...

PRINT EDITION

ADVERTISEMENT

spot_img