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Tag: Denise A. Valdez
THE Land Transportation Franchising and Regulatory Board (LTFRB) has issued guidelines on the ban of provincial buses from the main highway of Epifanio Delos Santos Avenue (EDSA).
THE Department of Public Works and Highways (DPWH) said it wants to expedite the opening of the entire length of the 7.7-kilometer C5 Link project, in order to connect Taguig to the Manila-Cavite Expressway (CAVITEx) by the end of 2021.
THE GOVERNMENT is again allowing airlines to offer charter flights to Boracay gateway airports Kalibo and Caticlan after lifting the suspension on new flights that it issued last month, subject to limits on aircraft size.
ONE OF THE MOST celebrated advantages of the growing e-commerce industry is how it allows shoppers to feed their itch for browsing and purchasing products at any time of the day. The rising penetration of smart phones and the growing number of Filipinos with access to the Internet make it easier to morph a mall into the tiny screens of digital devices.
PRESIDENT Rodrigo R. Duterte had done relatively well in the first half of his term in pushing fiscal and other economic reforms as well as in stepping up infrastructure spending, but much still needs to be done in liberalizing the economy and overhauling an outdated tax structure, industry groups said in separate interviews last week.
ABOITIZ InfraCapital, Inc. submitted to the Department of Transportation (DoTr) last week the revised concession terms for its proposal to operate and maintain the Bohol-Panglao International Airport.
TYCOON Lucio C. Tan’s MacroAsia Corp. is planning to hold an initial public offering (IPO) for its water businesses within the next three years.
A WHOLLY OWNED subsidiary of International Container Terminal Services, Inc. (ICTSI) is poised to take over the operations and management of Terminal de Conteineres 1 (T1Rio) in Rio de Janeiro, Brazil.
PHILIPPINE Airlines (PAL) is committed to maintaining its Manila-London flights, and expanding its services to United States, despite a recommendation from an aviation think tank to abandon its long-haul routes.
THE Department of Transportation (DoTr) signed Tuesday a P12.1-billion contract with a Japanese joint venture to provide 104 train cars for the Japan-funded Malolos-Tutuban segment of the North-South Commuter Railway (NSCR) project.
LOCAL DEBT watcher Philippine Rating Services Corp. (PhilRatings) maintained the PRS Aaa rating for Cyberzone Properties, Inc.’s (CPI) outstanding P6-billion bond issue, which is set to mature in January 2023.
THE Department of Transportation (DoTr) said costs were adjusted upward for the Mindanao Railway Project Phase 1 due to the need to traverse rolling terrain, while the rail line was downgraded to single track and non-electric to speed up implementation.
THE government is intent on completing the jeepney fleet modernization program as scheduled, after the initial stages of the project started in 2017 resulted in only 4,000 modernized jeepneys taking to the roads.
PUREGOLD Price Club, Inc. expects to see double-digit growth in revenues this year, as it partnered with Globe Fintech Innovations, Inc. (Mynt) to introduce a new payments system using mobile wallet GCash in its supermarkets.
HOLCIM Philippines, Inc. on Thursday said it has completed the expansion of its plant in Davao City, which is expected to boost production capacity.
THE Securities and Exchange Commission (SEC) warned the public against investing in several “Paycheck” companies, since these are not authorized to solicit investments or have the license to sell securities.
PLDT, Inc. and its wireless unit Smart Communications, Inc. provided the fastest fixed and mobile internet speeds in the country during the first half of the year, according to Ookla.
THE Securities and Exchange Commission (SEC) is soliciting comment on implementing rules for amendments to the Corporation Code, which was overhauled recently to allow fewer incorporators to found companies, as well as the registration of foreign corporations.
PAYMAYA Philippines, Inc. said the adoption of e-wallets in the Philippines has grown stronger in 2018 to become more popular than credit cards, citing data from the Bangko Sentral ng Pilipinas (BSP).
THE Board of Investments (BoI) said it expects nine procurement tie-ups to generate P414 million in investment after San Miguel Foods, Inc. (SMFI) participated in a business matching exercise in Cotabato Province.
THE MARITIME Industry Authority (Marina) is seeking more incentives for the shipbuilding and ship repair industry to drive investment growth, the agency said in a statement yesterday.
THE LAND Transportation Franchising and Regulatory Board (LTFRB) said it might relax the application process for ride-sharing services in the country after a dialogue with operators yesterday.