REICELENE JOY IGNACIO

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Low-cost carrier Cebu Pacific cancelled Manila to Japan flights on Sunday because of bad weather brought by Typhoon Pablo (international code name: Lan). Cancelled were flights 5J 828 Manila-Osaka; 5J 827 Osaka-Manila; 5J 5038 Manila-Nagoya; and 5J 5039 Nagoya-Manila. These flights’ passengers and cargos, Cebu Pacific said, will be able…

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PHILIPPINES AirAsia said it will make Clark International Airport (CRK) its main hub in the country. “We plan to establish Clark as a main hub,” Philippines AirAsia President and Chief Executive Officer Dexter Comendador said in a press briefing on Thursday, adding that the government “has been so gracious” to…

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LISTED tugboat services provider Harbor Star Shipping Services Inc (TUGS) announced on Thursday that its board had approved the acquisition of 60 percent of an energy group based in General Santos City. The purchase will be made through TUGS’s wholly-owned subsidiary Harbor Star Energy Corporation (HSEC), which is engaged in…

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Low-cost carrier Cebu Pacific announced on Friday that it had made Laguindingan Airport in Misamis Oriental, Mindanao its seventh hub of operations. “What was originally the 4th destination launched back in 1996, is now a hub. It follows the path of Manila, Cebu and Iloilo, [which are] also hubs,” Cebu…

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The Philippine Ports Authority (PPA) said on Thursday that it guarantees the public congestion-free Manila ports as Christmas cargoes start to come in. Manila ports include the Terminal (MICT), the Manila South Harbor (MSH) and the Manila North Port (MNP). “As of the moment, the combined yard utilization at the…

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The Department of Transportation (DoTr) on Friday said it gave Korean-Filipino service provider Busan Universal Rail Inc. (BURI) seven days to explain why its P3.8 billion contract with Metro Rail Transit Line 3 (MRT-3) should not be cancelled. The department said it plans to terminate the contract because of BURI’s…

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AIRASIA Philippines will launch flights from Manila to Jakarta and Bali in Indonesia starting January 2018, the low-cost airline said on Thursday. Flights to Jakarta will start on January 9 and flights to Bali will start on January 19, AirAsia Philippines President and Chief Executive Officer Dexter Comendador said. “AirAsia…

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Officials of the Manila International Airport Authority (MIAA) on Wednesday said reforms at the country’s premier Ninoy Aquino International Airport (NAIA) have finally born fruit because it is no longer included in the top 20 worst airports in the world. The latest survey was released to travel website “The Guide…

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UK-BASED startup Coinlancer launched its freelancing platform in the Philippines on Tuesday as part of a global marketing campaign for its initial coin offering (ICO), which seeks to raise a total of $50 million. Coinlancer is a new blockchain-based job market for freelancers that promotes the use of cryptocurrencies to…

REAL ESTATE COMPANY SEES 50% INCREASE IN MM RESIDENTIAL STOCK

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A leading real estate company pinpointed the growing millennial work force as the next target market of property developers. “The 1.3 million strong workers in the IT-BPO sector represents a sizeable market for residential developers and investors. Developers have thus designed new residential products that fit the specific need of…

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