REICELENE JOY IGNACIO

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Canadian Prime Minister Justin Trudeau has confirmed attendance at this month’s Asean summit in Manila to identify areas where Canada and the 10 Asean member countries may strengthen partnerships. “Prime Minister Trudeau will travel to the Philippines to attend the 31st Association of Southeast Asian Nations [Summit] in Manila. While…

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METRO Pacific Tollways Corporation (MPTC) is optimistic on the outlook for its toll roads business, saying it expects traffic volume to continue to increase driven by the positive economic developments in Central and North Luzon. “For Cavitex, we expect volume to increase to 140,000 vehicles from 130,000; for NLEX, around…

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SAN Miguel Corporation (SMC) said on Wednesday it is just waiting for the go-signal from the government to expand its toll roads in Metro Manila. These include the South Luzon Expressway (SLEX), Skyway system, NAIA Expressway, and the Southern Tagalog Arterial Road. “All technical studies for the expansion of all…

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LAFAYETTE-BASED helicopter service company PHI Inc. is acquiring the offshore helicopter operations of Canada-based HNZ Group in the Philippines, New Zealand, and Papua New Guinea by January 2018. Under the deal, HNZ Group Inc President and Chief Executive Officer Don Wall will acquire all of HNZ’s outstanding common and variable…

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Government moves to expand aviation sector regulation have been criticized by international airline organizations, with the International Air Transport Association (IATA) particularly criticizing a Civil Aeronautics Board (CAB) proposal to cap air fares. “We are against this measure. The prices should be driven by market forces,” IATA Director General and…

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LOW-COST carrier Cebu Pacific said it had no immediate plans to launch direct flights to the US mainland but was looking to tap the underserved market of India. “We have no immediate plans to fly to the US mainland at this point. At least right now, we do fly to…

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The Asian Development Bank (ADB) has approved a $100-million loan expected to help accelerate the Duterte government’s “Build Build Build” program. “The new loan, along with the recently approved $5-million technical assistance grant, serves as a catalyst for the government’s project management and monitoring system,” the Manila-based multilateral said in…

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LISTED oil company Petron Corporation said on Monday all conditions for the completion of the sale of its shares in Manila North Harbour Port Inc. (MNHPI) to port operator International Container Terminal Services Inc. (ICTSI) had been complied with. The conditions cover a share purchase agreement for the sale by…

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Novartis Healthcare Philippines partnered with medical experts and patient group to raise public awareness on psoriasis. “Psoriasis is a common and distressing skin condition that greatly impacts patients’ quality of life. It is associated with other serious health conditions, such as diabetes, heart disease and depression. We are pleased to…

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Transport network company Grab Philippines said it would give a P100,000 bounty to whoever could provide information on the killers of Grab driver Geraro Maquidato Jr. “I have already talked to his wife. Her simple wish was to give justice to Junjie (Maquidato) and to arrest the coward who killed…

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