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Tigerair Taiwan aims to start flying to Cebu in Dec.

BUDGET carrier Tigerair Taiwan Co., Ltd. is set to launch its first route connecting Taipei to the Philippines on Dec. 1, the Taiwan-based airline said.

DoTr, LTFRB say not causing Grab driver shortage

THE Department of Transportation (DoTr) and the Land Transportation Franchising and Regulatory Board (LTFRB) said they are not causing a shortage of ride-sharing drivers, contrary to the claims of Grab Philippines (MyTaxi.PH).

ABS-CBN launches indoor theme park

ABS-CBN Corp. is expanding its portfolio with the introduction of a new indoor theme park that banks on its line of business as a media company.

NAIA consortium’s P102-B proposal gains ground

A CONSORTIUM composed of seven of the country’s biggest conglomerates has been given original proponent status (OPS) by the government for its P102-billion proposal to rehabilitate and expand the Ninoy Aquino International Airport (NAIA).

Golden ABC taps solutions company TXT Retail

GOLDEN ABC, Inc., a retailer known for its Penshoppe brand, has tapped TXT Retail, a subsidiary of solutions company Aptos, Inc., for end-to-end retail solutions.

Asian shoppers dissatisfied with online shopping experience — UPS global survey

CUSTOMERS IN Asia are less satisfied with online shopping compared to those in other regions, a study organized by logistics company United Parcel Service (UPS) shows.

ADB calls for law to broaden PPP participation

THE Asian Development Bank (ADB) said the government must start developing its Public-Private Partnership (PPP) policy to encourage broader private sector participation in infrastructure projects.

CAB issues fuel surcharge matrix

THE GOVERNMENT is allowing airlines to impose a fuel surcharge on passengers, as jet fuel prices continue to rise and the peso further weakens against the US dollar.

Smart successfully makes 1st Voice over Wi-fi call in Cebu

SMART Communications, Inc. on Tuesday said it has made the first successful Voice over Wi-fi (VoWifi) call over a live network in Cebu, a few months after the company made the same breakthrough in Manila.

AirAsia joins consortium for Clark O&M bid

AIRASIA Group Bhd. is joining a consortium, which includes Indonesian airport operator PT Angkasa Pura, that will make a bid for the operations and...

Megawide looking to participate in bid for Pasig River Expressway contract

MEGAWIDE Construction Corp. is looking to participate in the bidding for Pasig River Expressway with Philippine Skylanders International, Inc. (PSI).

San Miguel Holdings parent SMC’s backing needed for Bulacan airport

THE Department of Finance (DoF) questioned the financial capacity of San Miguel Holdings Corp., which hopes to build a proposed P735-billion airport in Bulacan as an alternative gateway to the Ninoy Aquino International Airport (NAIA).

SMC taps Standard Chartered, Sumitomo as financial advisors for airport project

SAN MIGUEL Corp. (SMC) is tapping Standard Chartered Bank (SCB) and Sumitomo Mitsui Banking Corp. (SMBC) as co-financial advisors for its proposed New Manila International Airport in Bulacan.

Influence of Chinese tourists increasingly seen in airlines

AIRLINES are factoring in the changing traveling habits of Chinese tourists, who are starting to dominate the global tourism market, when they purchase new aircraft

CAB likely to OK airlines’ fuel surcharge applications

THE Civil Aeronautics Board (CAB) is expected to issue on Monday its decision on several local airlines’ application to impose a fuel surcharge.

MMDA respects court ruling, allows Angkas back on the roads

MOTORCYCLE-HAILING company Angkas said the Metropolitan Manila Development Authority (MMDA) is allowing its riders back on the roads in respect to the order of a Mandaluyong City court.

Philippines AirAsia may postpone IPO to mid-2019

PHILIPPINES AirAsia, Inc. said its planned initial public offering (IPO) may again be deferred to mid-2019, citing high fuel prices and the continued weakness of the peso against the US dollar.

ePLDT’s Cebu data center gets global accreditation

THE digital business solutions subsidiary of PLDT, Inc. said on Friday its new data center in Cebu has been accredited by global solutions company NTT Communications.

Gov’t unhappy over Angkas comeback, to pursue legal action

THE DEPARTMENT of Transportation (DoTr) has expressed its disappointment over the return of motorcycle-hailing company Angkas, maintaining its stance that the company’s services should be kept off the road.

ICTSI raises stake in North Harbor

INTERNATIONAL Container Terminal Services, Inc. (ICTSI) on Thursday said it is raising its stake in Manila North Harbor Port, Inc. (MNHPI) to 50%.

PAL postpones launch of Manila-Sapporo flights after strong earthquake in Hokkaido

PHILIPPINE AIRLINES (PAL) is pushing back the launch of its Manila-Sapporo flight to October, after Hokkaido was hit by an earthquake on Thursday.

LTFRB approves P2-per-minute TNVS charge

THE LAND TRANSPORTATION Franchising and Regulatory Board (LTFRB) has given the green light for transportation network companies (TNC) like Grab Philippines (MyTaxi.PH, Inc.) to implement a P2 per minute travel time charge.

NAIA consortium says proposed terminal fee hike is not a ‘gov’t...

THE CONSORTIUM proposing to rehabilitate the Ninoy Aquino International Airport (NAIA) on Wednesday said it is not seeking any government guarantees in its bid to develop and expand the gateway.

Cebu Pacific increasing flights from Clark by 75%

CEBU PACIFIC said it is increasing by 75% the number of flights at Clark International Airport by end-2018.

AirAsia Philippines bullish on Clark

PHILIPPINES AIRASIA, Inc. is hoping to transfer its headquarters from Pasay City to Clark in Pampanga, but its plans are hampered by the lack of infrastructure connecting the airport to Metro Manila.

PPA says cargo volume rises 2% in 7 months

THE Philippine Ports Authority (PPA) said cargo volume rose 2% year-on-year in the seven months to July, with impetus for volume growth expected to come in the remainder of the year.

PT&T willing to pay any penalty imposed by PSE

THE Philippine Telegraph and Telephone Corp. (PT&T) on Tuesday said it is willing to settle any remaining penalties the Philippine Stock Exchange (PSE) may impose, as well as comply with the requirements that may pave the way for the lifting of its trading suspension.

LTFRB junks order for Grab to reimburse passengers

THE Land Transportation Franchising and Regulatory Board (LTFRB) on Monday revoked its order for Grab Philippines (MyTaxi.PH, Inc.) to reimburse passengers who paid a P2 per minute charge from June 2017 to April 2018, saying there was “lack of basis to support reimbursement by way of rebate for future riders.”

Globe says on track to hit LTE coverage target

GLOBE Telecom, Inc. said it is moving closer to reaching its target of deploying long-term evolution (LTE) services to 95% of cities and municipalities in the country by end-2018.

PAL equity restructuring gets SEC green light

THE operator of Philippine Airlines (PAL) on Monday said the Securities and Exchange Commission (SEC) has approved the equity restructuring plan to partially wipe out its deficit.

PHL, Indonesia to revive Davao-Manado flights

THE Philippine and Indonesian governments are seeking to re-establish air connections between Davao City and Manado.

PLDT denies seeking compromise agreement with DoLE

PLDT, Inc. denied on Monday reports it is seeking a compromise agreement with the Department of Labor and Employment (DoLE) on its dispute over regularization of employees of the telecommunications giant’s service contractors.

NAIA-QC point-to-point bus service launches; one-way fare set at P100

TRANSPORTATION service provider UBE Express and Araneta Center, Inc. said a new point-to-point (P2P) bus service from Cubao, Quezon City to the Ninoy Aquino International Airport (NAIA) will start operating today, Tuesday.

LRMC to push through with Cavite extension despite fare hike delay

THE LIGHT RAIL Manila Corp. (LRMC) said it will push through with the construction of the Light Rail Transit Line 1 (LRT-1) Cavite extension project despite possible delays in the implementation of a fare hike.

Local SMEs plan to increase exports outside Asia Pacific

TWO out of three small and medium enterprises (SMEs) in the Philippines are planning to continue or increase their export activities beyond Asia Pacific within the next 12 months, according to a study commissioned by FedEx Express.

PT&T urges PSE to lift trading suspension

PHILIPPINE TELEGRAPH and Telephone Corp. (PT&T) is seeking the lifting of the trading suspension on its shares at the Philippine stock Exchange (PSE), saying it has already completed the requirements.

Fitch downgrades PLDT rating

FITCH RATINGS on Tuesday said it downgraded PLDT, Inc.’s long-term foreign- and local-currency issuer default rating (IDR) to “BBB” from “BBB+,” as it embarks on an aggressive capital expenditure (capex) program amid the government’s push for a third telecommunications player.

DoTr authorizes private vehicle inspection centers

THE Department of Transportation (DoTr) has authorized private entities to open motor vehicle inspection centers.

ATR looks to take advantage of PHL’s multi-airport strategy

SINGAPORE — Turboprop manufacturer ATR is expecting to benefit from the Philippine government’s multi-airport program as it designs aircraft that could land in less developed, short-runway airports.

Grab PHL wants bigger TNVS cap

GRAB Philippines (MyTaxi.PH, Inc.) wants the Land Transportation Franchising and Regulatory Board (LTFRB) to further increase the cap on transport network vehicle services (TNVS), saying at least 80,500 cars are needed to cater to daily demand.

Bicol airport hits 50% completion, remains on track for 2020 opening

THE Department of Transportation (DoTr) said construction of the Bicol International Airport is has hit the halfway point for percentage of completion.

PT&T says in talks with foreign investors

THE Philippine Telegraph and Telephone Corp. (PT&T) is hopeful it can secure a foreign investor to boost its bid for the third telecommunications player slot.

DICT studying higher fees to force return of underused frequency

THE Department of Information and Communications Technology (DICT) said it is studying raising user fees for under-utilized frequency owned by telecommunications companies.

Bohol’s Panglao airport opening moved back to October

THE Department of Transportation (DoTr) said the target launch of the New Bohol (Panglao) Airport has been moved back two months to October after the July completion rate of 92.14% ruled out an August launch.

Groundbreaking for $3.7-billion Makati subway expected by end of 2018 —...

THE PROPOSED $3.7-billion subway in the country’s financial district may break ground by the end of 2018, the Makati City government said.