Tag: Arjay L. Balinbin

THE National Telecommunications Commission (NTC) has given Dennis A. Uy’s DITO Telecommunity Corp. more time for its “technical launch,” moving the July 2020 deadline to January 2021.

THE government may cut the capacity of the Metro Rail Transit System Line 3 (MRT-3) after a coronavirus outbreak among its depot staff, according to the Department of Transportation.

MEMBERS OF the Moro Islamic Liberation Front (MILF) who are part of families involved in a clan dispute have been warned against renewed violence after a peace pact was signed over the weekend.

NATURAL DISASTERS and identity theft were cited as the major concerns by Filipino consumers this year, a Unisys Corp. said, citing the findings of its study on security concerns.

SOME MANILA-bound international flights of Philippine Airlines (PAL) are being diverted to Cebu due to “quarantine processing limitations” at the country’s main gateway in the capital.

THE NATIONAL Telecommunications Commission (NTC) on Tuesday issued a cease-and-desist order against the direct broadcast satellite service of the Sky Cable Corp., a subsidiary of the embattled ABS-CBN Corp.

THE Department of Information and Communications Technology (DICT) has eased the documentary requirements for common tower providers as the country remains in a state of public health emergency due to the coronavirus disease 2019 (COVID-19).

GLOBE Telecom, Inc. on Monday said it has signed a new term loan facility to finance its capital expenditures (capex).

CAVITE GOVERNOR Juanito Victor “Jonvic” C. Remulla has approved a request from Lucio C. Tan’s MacroAsia Corp. and its Chinese partner for a further 90-day extension to complete the documentary requirements to post-qualify their bid for the $10-billion Sangley Point International Airport.

A LAWMAKER is calling for the immediate passage of a bill that will establish a unified cashless collection system in tollroads, which has become more critical for minimizing physical contact as the coronavirus threat lingers.

INFORMATION and Communications Technology Secretary Gregorio B. Honasan II has designated Undersecretary Ramon P. Jacinto to lead the department’s efforts in the areas of “government digital broadcast television and the digitization of the entertainment industry sector.”

Transportation Secretary Arthur P. Tugade has ordered shipping lines to offer at least a 40% discount off regular shipping rates for shipments of food...

By Arjay L. Balinbin The Philippine Competition Commission (PCC) on Friday issued rules for the exemption of joint venture projects cleared by the National Economic...

THE Department of Transportation (DoTr) and the Philippine Ports Authority (PPA) said Tuesday that they completed 14 port projects so far, including some that were inaugurated virtually during the coronavirus crisis.

BUDGET carrier Cebu Pacific on Wednesday said it was finalizing the number of employees that will be affected in its next wave of job cuts.

EUROPEAN aircraft manufacturer Airbus on Wednesday urged the Philippine government and the country’s aviation sector to continue communicating the safety measures being carried out in order to rebuild the confidence of the public to fly again.

LBC EXPRESS Holdings, Inc. posted a 63.6% drop in attributable net income last year to P494.57 million after it recorded a derivatives loss at a time when it was also adopting new accounting rules.

CHELSEA LOGISTICS and Infrastructure Holdings Corp. posted an attributable net loss of P345.08 million for the first quarter, a reversal of the P138.71-million profit it recorded in the same period last year.

NEW digital behaviors adopted by consumers and businesses during the coronavirus crisis are expected to linger after the pandemic, accelerating the long-term growth of the technology sector, the Franklin Equity Group said.

DENNIS O. CLEDERA, 36, has been living in a two-decade old jeepney he used to drive since the main Philippine island of Luzon was locked down in mid-March, forcing many of his kind out of the roads and out of work.

GCASH, the mobile wallet arm of Globe Telecom, Inc., said its transaction volume soared by 700% year on year in May, as demand for digital solutions continues to surge due to the coronavirus pandemic.

ABOUT 14,000 workers of provincial bus firms have lost their jobs due to operational restrictions, according to bus operators, warning that another 10,000 may be let go because of the implementation of cashless fare systems.

THE Transportation department said the P62.7-billion Metro Rail Transit Line 7 (MRT-7) project — which will run between North Avenue in Quezon City and San Jose del Monte City, Bulacan — is on track for partial operations next year after hitting 51.84% completion this month.

METRO Pacific Tollways Corp. (MPTC) had submitted a proposed roadmap to the Transportation department for the full execution of cashless payment on all its toll roads.

MORE than 300 modern jeepneys have been allowed to serve 15 routes in Manila and nearby cities starting June 22, as the country eases a lockdown meant to contain a coronavirus pandemic, according to the transport regulator.

MEMBERS of the Philippine Coast Guard’s CCP Complex Station and Auxiliary 101^st Squadron have been jointly patrolling the Manila Bay area since the start of lockdown in March, providing security as well as supporting relief operations in the coastal communities.

INTERNATIONAL Container Terminal Services, Inc. (ICTSI) has slashed its capital expenditure (capex) budget for this year by 40.7% to about $160 million as the coronavirus pandemic continues to hamper global trade.

CEBU Pacific’s ground handling service provider 1Aviation Groundhandling Services Corp. (1AV) said it will be laying off over 1,000 employees in its second wave of job cuts, as the coronavirus pandemic continues to discourage air travel.

STRONG investor demand welcomed PLDT, Inc.’s return to the offshore bond market after an 18-year absence.

SINGAPORE-BASED ride-hailing firm Grab said it would be cutting about 360 jobs or 5% of its employees due to the “stark impact” of the coronavirus pandemic on its operations.

AS THE coronavirus pandemic continues to trigger digital transformation in the financial industry, Huawei Technologies Co., Ltd. sees opportunities for its data infrastructure to support banks.

GMA Network, Inc.’s attributable net income for 2019 grew 13.6% to P2.62 billion as revenues improved.

LUCIO C. Tan’s MacroAsia Corp. and its Chinese partner asked for a further 90-day extension to complete the documentary requirements to post-qualify their bid for the $10-billion Sangley Point International Airport (SPIA), the Cavite government said.

GRAB Philippines on Sunday said the rider demand for its GrabCar service is now starting to recover, with over 50,000 bookings made as of Saturday.

THE Department of Public Works and Highways (DPWH) is hoping to reach an agreement soon with the Metro Pacific Group to extend the North Luzon Expressway (NLEx) to Anda Circle in Manila’s Port Area, after the completion of the 2.6-kilometer NLEx Harbor Link Segment 10 C3-R10 Section.

PLDT Inc. (PLDT) said on Thursday it had joined a consortium to build a 9,400-kilometer “high-performance” submarine cable connecting six major countries in East and Southeast Asia.

NEWLY-APPOINTED Undersecretary Ramon P. Jacinto of the Department of Information and Communications Technology (DICT) said an executive order (EO) introducing “stronger reforms” in the telecommunications industry is now in its final stages.

THE Department of Information and Communications Technology (DICT) finally released on Monday evening the long-awaited rules governing the shared use of telecommunications towers.

PHILIPPINE Telegraph & Telephone Corp. (PT&T) trimmed its net loss in the first quarter by 23.4% after revenues from its broadband business improved.

ELNA LEAH L. FONACIER, 64, lost her youngest brother last month to cardiac arrest amid a strict Philippine lockdown — one of the longest in the world — meant to contain a coronavirus pandemic.

CHELSEA Logistics and Infrastructure Holdings Corp. on Tuesday said it was looking to cut jobs “in phases” in the next six months as a way to cushion the impact of the coronavirus pandemic on its business.

PLDT Inc. on Tuesday said that its revenues had been doing well since April, making it possible that its performance for the first half of the year will surpass last year’s despite the coronavirus crisis.

SAN MIGUEL Corp. (SMC) said it reopened last Sunday the Skyway Alabang Toll Plaza southbound entry, less than two weeks after it was closed to motorists due to the ongoing construction of the P10-billion Skyway Extension Project.

PLDT, Inc. and Smart Telecommunications, Inc. have partnered with Grab Philippines for the quick delivery of their products straight to the homes of their customers within 24 hours.

THE new passenger terminal building at Clark International Airport is on track for completion by next month, bringing the northern gateway’s overall capacity to 12.2 million passengers yearly.