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MALAYSIA-BASED tower company edotco Group Sdn Bhd said it is investing at least $1 billion to build telecommunications infrastructure in the Philippines.
CHELSEA Logistics Holdings Corp. (CLC) on Wednesday said the Philippine Competition Commission (PCC) has cleared its proposed acquisition of Trans-Asia Shipping Lines, Inc.
THE Department of Information and Communications Technology (DICT) has given the go signal for the joint venture of Integrated Computer Systems, Inc. (ICS) and Israel-based Verint Systems, Inc. to undertake its cybersecurity management system project.
THE Department of Transportation (DoTr) said it welcomes moves to legalize motorcycle taxis via the filing of a bill at the House of Representatives seeking to amend the Land Transportation and Traffic Code.
FAR Eastern University, Inc. (FEU) reported an 81% rise in attributable net income to P462.631 million in the second quarter ending Nov. 30, due to a surge in college freshman enrolees.
DAVAO-BASED businessman Dennis A. Uy is not interested in rescuing debt-ridden Hanjin Heavy Industries and Construction Philippines, Inc. (HHIC-Philippines).
LOCAL banks’ exposure to embattled firm Hanjin Heavy Industries and Construction Philippines (HHIC-Philippines) is “negligible,” a senior central bank official said, noting that local lenders are well-placed to weather these loan defaults.
THE World Trade Organization (WTO) said on Friday Thailand is appealing the decision by a dispute panel that determined the country failed to comply with the WTO ruling against its regulations on cigarette imports.
TV5 Network, Inc. reduced its losses by as much as 30% in 2018, according to its president Vincent P. Reyes.
ASIAN Terminals, Inc. (ATI) said on Thursday it is expanding the Batangas Container Terminal (BCT) with the deployment of additional modern equipment.
LOCAL AIRLINES are keeping a positive outlook for 2019, after the industry suffered last year when jet fuel prices soared.
THE Department of Information and Communications Technology (DICT) said it is looking to sign in the next two weeks memoranda of understanding (MoUs) with potential common tower providers (CTPs) pending a consensus on a shared telecommunications infrastructure policy.
INTERNATIONAL Container Terminal Services, Inc. (ICTSI) said its concession in Ecuador is first port to obtain a carbon-neutral certification in South America.
THE Department of Transportation (DoTr) said it hopes to conclude an overflight agreement with Saudi Arabia in order to expand air services with Israel.
A TOLLWAYS subsidiary of the Metro Pacific group sealed another loan deal this month to fund the construction of its bridge project in Cebu City.
MAYNILAD Water Services, Inc., the private concessionaire for Metro Manila’s west zone, said it was given an International Organization for Standardization (ISO) certification in Business Continuity Management Systems (BCMS).
If you tell a fellow Filipino that you are flying to Abu Dhabi, the assumption is almost always that you are going to start working there. And you can’t fault them because as you wait to board the plane for your Abu Dhabi trip, you’d notice that you are surrounded by mothers on the phone, saying their last minute goodbyes to their children. “Mag-behave ka habang wala si mama, ha? I love you, anak [Behave while mom is away, okay? I love you],” implying that they will be gone to work abroad for a long time.
PHILIPPINE AIRLINES (PAL) and Cebu Pacific are looking to launch new routes next year as both airlines expand their fleet.
THE Department of Transportation (DoTr) said it go ahead with its plan to transfer general aviation flights Sangley airport by the third quarter of 2019, amid a lack of progress in the Cavite government’s plan to develop the airfield there, which is currently an Air Force base.
A METRO PACIFIC group unit said it has completed the funding for the Cavite-Laguna Expressway (CALAX) project and is eyeing to start commercial operations of some segments in the Laguna section as early as July next year.
THE Department of Transportation (DoTr) plans to submit to the National Economic and Development Authority (NEDA) in the next few days the unsolicited proposal of the “super consortium” to rehabilitate the Ninoy Aquino International Airport (NAIA), months after the group bagged original proponent status (OPS).
ETIHAD AIRWAYS, the national airline of the United Arab Emirates (UAE), said it is hoping to attract more tourists to visit Abu Dhabi as part of its 15th anniversary celebration.
THE government on Thursday awarded the operations and management contract for the Clark International Airport in Pampanga to a consortium that includes the operator of Singapore’s Changi Airport, as well as the Gokongwei and Gotinanun groups.
THE Department of Information and Communications Technology (DICT) signed on Thursday a memorandum of understanding (MoU) with ISOC Infrastructures, Inc. and ISOC Asia Telecom Towers, Inc., which plans to build towers for the common use of telecommunications companies.