REICELENE JOY IGNACIO

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FITCH’S BMI Research expects the tax reform bill to be further diluted as it goes through the Senate, resulting in a lower revenue take that could hinder the government’s ambitious infrastructure plan. “The final version to be passed into law is likely to be a small fraction of the original…

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OIL companies slashed their pump prices on Tuesday, the third price rollback this month. Phoenix Petroleum, Shell, PTT and Petron lowered the price of gasoline by 70 centavos per liter and diesel by 10 centavos per liter at 6 a.m.yesterday. They also cut kerosene prices by 15 centavos per liter.…

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MPCALA Holdings Inc., a unit of Manny Pangilinan-led Metro Pacific Investments Corporation (MPIC), broke ground on the P35.4-billion Cavite-Laguna Expressway project at Nuvali Spine Roas on Monday. At the groundbreaking ceremony, MPCala President and Chief Executive Officer Luigi Bautista noted that CALAx “is a flagship project of the government” which…

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Transport groups Piston and No to Jeepney Phaseout Coalition (NJPC) on Monday set up a protest caravan in front of the Land Transportation Franchising and Regulatory Board (LTFRB) after holding a prayer vigil the night before in a bid to defer the implementation of the public utility vehicle (PUV) modernization…

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A father’s role does not end with being the family provider. It goes beyond that. A father would also want to spend time with his wife and children and to be present for his family especially on those days when they need him most. With the shifting dynamics in families…

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The Tax Reform for Acceleration and Inclusion (Train) bill could affect the competitiveness of the Information Technology and Business Process Management sector, industry leader Rey Untal said. “This will impact our competitiveness and, therefore, the growth trajectories outlined in our Roadmap 2022, including sectors that benefit from the 3.2 multiplier…

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AFTER a congressional move to review the franchises of two major airlines due to poor services and high fares, Chile-based pricing intelligence company Airnguru is keen on entering the Philippine market to address issues hounding the aviation industry. “We are drawn to the Philippine airline market because of its increasing…

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The Department of Transportation (DoTr) has announced that the state-run Philippine National Railways will raise fares starting July 1, the first increase in 20 years. The existing minimum fare of P10 will go up to P15, according to the DoTr. Fare structure will be adjusted from P0.71 per kilometer to…

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In a bid to be “financially competitive” with the other modes of transport operating in the country, the state-run Philippine National Railways (PNR) announced that it would increase its fare to P15 per passenger from P10 starting on July 1. “We are only implementing a fare increase that has long…

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