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BOC beats H1 revenue target by 11.3% 

BOC beats H1 revenue target by 11.3% 

Aug. 19 | The Philippine Bureau of Customs (BOC) has exceeded its collection target for the first semester by 11.3%, posting more than P212.16 billion in duties and taxes from P190 billion year-on-year. Ten of 17 BOC ports topped their collection targets from...

CebPac, Cebgo unveil new domestic and SEA flights

CebPac, Cebgo unveil new domestic and SEA flights

Aug. 19 | Low-cost Philippine carrier Cebu Pacific is expanding its domestic network and its presence in Southeast Asia with four new routes aimed at improving accessibility for travelers outside Metro Manila as well as increasing connectivity within the region. Cebu...

Arcade City activates hundreds of PH drivers

Arcade City activates hundreds of PH drivers

Aug. 17 | Riders can view profiles and contact their choice of 167 drivers across Manila, all activated in the last 24 hours (PRNewsfoto/Arcade City) Arcade City launched its service in the Philippines yesterday in the aftermath of Uber’s suspension by...

LTFRB calls new ridesharing company Arcade City “colorum”

LTFRB calls new ridesharing company Arcade City “colorum”

Aug. 16 | From Arcade City’s Facebook page Ridesharing company Arcade City has launched a new mobile app for Android and iOS in the Philippines. But the Land Transportation and Franchising Board (LTFRB) has said Arcade City cars are not authorized to operate...

PH external trade shrinks in June after 10 months of expansion

PH external trade shrinks in June after 10 months of expansion

Aug. 13 | Tapping new markets will enable Philippine trade to bounce back from its slight decline in June 2017, urges the National Economic and Development Authority (NEDA). NEDA-attached agency Philippine Statistics Authority reported that the country’s total...

PH manufacturing gets boost from higher local, overseas demand

PH manufacturing gets boost from higher local, overseas demand

Aug. 13 | The Philippine manufacturing sector grew by an average of 10% in the first six months of 2017 due to sustained domestic and improved external demand, according to the National Economic and Development Authority (NEDA). This growth was backed by increased...

Cebu Pacific’s income sinks 43.6% in first half

Cebu Pacific’s income sinks 43.6% in first half

Aug. 13 | Low-cost carrier Cebu Pacific Air’s net income went down to P4.334 billion for the past six months ended June 30, 2017, or 43.6% lower than the P7.682 billion recorded in the same period last year, owing to higher spending. According to the company’s...

Clark airport set to remit P76M to government treasury

Clark airport set to remit P76M to government treasury

Aug. 13 | Clark International Airport Corp. (CIAC), which operates Clark International Airport (CRK), can now remit to the national coffers after being unable to contribute in the past few years due to negative earnings, an executive of the government-run airport...

Transport connectivity at core of Central Visayas economic blueprint

Transport connectivity at core of Central Visayas economic blueprint

Aug. 13 | Central Visayas (Region VII) aims to distribute economic growth among its municipalities by linking up major urban centers, key production areas, and market centers, as mandated in its Regional Development Plan (RDP) 2017-2022. RDPs are socioeconomic...

PAL strengthens Manila-London route with new B777s, more flights

PAL strengthens Manila-London route with new B777s, more flights

Aug. 13 | Philippine Airlines (PAL) is all set to boost its operations between Manila and London Heathrow by deploying its state-of-the-art 370-seater Boeing 777-300s on the route beginning September 19. The B777, considered the airline’s flagship aircraft on...
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