REICELENE JOY IGNACIO

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THE global airline industry “is in a good place” at the beginning of 2018 after posting 8-percent growth in November, the International Air Transport Association (IATA) said. “The airline industry is in a good place entering 2018. November’s strong demand gives the industry momentum. The number of unique city-pair connections…

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BUSINESS activity at the Subic Bay Freeport Zone is expected to be “more robust” this 2018 due to increasing investments and activities in the Freeport area, a top official of Subic Bay International Terminal Corp. (SBITC) said on Friday. “The Subic Freeport Zone is bustling with activity from various logistics…

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The Shanghai International Port Group (SIPG) announced recently that its new $2.15-billion fully automated container terminal is now operational. The terminal, which is the fourth phase of the group’s Yangshan Port project, is designed to handle a maximum of 6.3 million 20-foot equivalent units (TEU). It is now the world’s…

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NLEX Corporation is allocating P19 billion for capital expenditures (capex) this year for major infrastructure projects that are expected to ease traffic congestion in Metro Manila. NLEX Corp. President and Chief Executive Officer Rodrigo Franco said the bulk of the capex would be used for constructing portions of the North…

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The Department of Transportation gave guarantees on Thursday that fares at the Metro Rail Transit-3 will not be increased until rail services have significantly improved. “Ang commitment po natin sa sektor ng riles ay hindi po tayo magtataas ng pasahe na hindi po nakakaramdam ang ating mga commuters ng improvement…

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THE global airline industry is experiencing “too much growth” and this would lead to difficult times ahead, a top official of Cebu Pacific warned. In an interview on Centre for Aviation TV, Cebu Pacific Chief Executive Adviser Michael Szucs said “the industry’s over-ordered, and we think there’s too much capacity.”…

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Fare increases for public utility and transportation-network vehicles (PUVs and TNVs) are unlikely to happen this month, the Land Transportation Franchising and Regulatory Board (LTFRB) said on Tuesday. In a briefing at the headquarters of ride-hailing company Grab in Makati City, LTFRB Spokesman Aileen Lizada said the agency would probably…

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Despite being touted as a main beneficiary of revenues under the Tax Reform for Acceleration and Inclusion (Train) Act, the Philippine infrastructure sector may see project delays due to unresolved political risks and bureaucratic issues, think tank BMI Research said. Formally known as Republic Act 10963, Train lowered personal income…

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The inter-agency council on traffic (i-ACT) expanded its functions into apprehending smoke-belching vehicles starting Monday, January 8. i-ACT, which is led by the Department of Transportation (DOTr), consists of the Land Transportation Office (LTO); Highway Patrol Group (HPG); Metropolitan Manila Development Authority (MMDA); and the Land Transportation Franchising and Regulatory…

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The Land Transportation Franchising and Regulatory Board (LTFRB) will ask the National Economic and Development Authority (NEDA) to determine the fare increase that will be implemented in line with the tax reform law. “We will set the petitions for hearing then we will hear out the commuters’ group, and invite…

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