REICELENE JOY IGNACIO

By
0

LISTED port operator International Container Terminal Services Inc. (ICTSI) said net income attributable to equity holders increased by five percent to $149.3 million in the first nine months of 2017 from $141.9 million a year ago. In a disclosure to the Philippine Stock Exchange on Wednesday, ICTSI said the increase…

By
0

METRO Pacific Investments Corp. (MPIC) said on Monday that its toll road arm, Metro Pacific Tollways Corp. (MPTC), had agreed to acquire 6.6 billion shares in an Indonesian infrastructure holding company for $132 million. In a disclosure to the Philippine Stock Exchange, MPIC said MPTC had arrived at an agreement…

By
0

The Department of Transportation (DoTr) on Monday terminated its contract with South Korean firm Busan Universal Rail Inc. (BURI), the maintenance provider of the Metro Rail Transit (MRT) 3. “It cannot be overemphasized that what is at stake here is the welfare and interest of the riding public. This office…

By
0

Oil companies are poised to increase their pump prices again on Tuesday, the third hike in three consecutive weeks. Gasoline prices are expected to go up by 80 centavos to 90 centavos per liter, while the cost of diesel will increase by 50 centavos or 60 centavos per liter. The…

By
0

The Department of Transportation (DoTr) advised the public to expect traffic slowdown along Quirino Highway in Quezon City on Monday because of the ongoing construction of MRT-7. The DOTr said drivers coming from Quezon Memorial Circle enroute to Caloocan City or San Jose del Monte and may take Regalado Highway…

By
0

Flag carrier Philippine Airlines (PAL) has remitted P6 billion in unpaid navigational fees and other charges accumulated over the years, the Transportation department announced on Friday. PAL Vice President for Legal Affairs Clara de Castro delivered the checks to the office of the Civil Aviation Authority of the Philippines (CAAP),…

By
0

The Tourism department wants to make the Philippines a Mazu festival hub following the implementation of a visa upon arrival (VUA) program for Chinese nationals. “I am confident this ease in visa requirement is an attractive proposition for the country to host big-ticket events such as [the] Mazu culture festival,”…

By
0

Global demand for air cargo may peaked given an easing in September, the International Air Transport Association (IATA) said, “Demand for air cargo grew by 9.2% in September,” IATA Director General and Chief Executive Officer Alexandre de Juniac said in a statement, adding “while that’s slower than in previous months,…

By
0

PHILIPPINE Airlines will introduce new inter-island routes in December to allow travelers from the Visayas and to skip the inconvenience of passing through Manila for their flights home. The new routes planned in December are on top of the newly opened routes from Davao City launched by PAL this month.…

By
0

INTERNATIONAL Container Terminal Services Inc. (ICTSI) said on Friday that the Subic Bay Metropolitan Authority’s move to waive the $200 accreditation fee among businesses in the Freeport Zone would further position Subic as the country’s key logistics hub. ICTSI operates Subic Bay International Terminal Corp. (SBITC), which is located in…

1 4 5 6 7 8 53