Home » Press Releases

Press Releases

PCC voids Udenna deal with 2Go shareholder; Udenna to file appeal

PCC voids Udenna deal with 2Go shareholder; Udenna to file appeal

Feb. 20 | The Philippine Competition Commission (PCC) has nullified the agreement between Udenna Corporation and KGL Investment Cooperatief U.A. (KGLI Coop), and levied them a fine of P19.6 million, equivalent to 1% of the value of the two companies’ merger...

NMC Container Lines bags Best Shipping Line Award from Nestle

NMC Container Lines bags Best Shipping Line Award from Nestle

Feb. 19 | NMC Container Lines, Inc., a member of the Magsaysay Shipping & Logistics’ Liner Shipping Division, recently received the “Mahusay” or Best Shipping Line Award for 2017 from Nestle. The Mahusay recognized NMC’s 98% lead time accuracy and...

Non-MM areas to get bulk of infra projects over 5-year period

Non-MM areas to get bulk of infra projects over 5-year period

Feb. 18 | Under the government plan, the Autonomous Region in Muslim Mindanao has the highest number of projects. Map from https://armm.gov.ph Regions outside Metro Manila will get a big share of the total number of infrastructure programs and projects of the Philippine...

PCG launches first Vessel Traffic Management System in Cebu

PCG launches first Vessel Traffic Management System in Cebu

Feb. 18 | Photo from www.coastguard.gov.ph The Department of Transportation (DOTr) has inaugurated the Philippine Coast Guard’s (PCG) first Vessel Traffic Management System (VTMS) in Cebu that is expected to enhance the maritime traffic accident prevention capability...

Double Dragon acquires land for warehouse leasing

Double Dragon acquires land for warehouse leasing

Feb. 15 | Perspective of a typical CentralHub complex. Photo from Double Dragon. CentralHub Industrial Centers, Inc. (CICI), the industrial leasing arm of real-estate company DoubleDragon Properties, Inc. (DD), has acquired a 3.9-hectare property in Iloilo that...

Smuggled luxe vehicles will be condemned, not auctioned: BOC

Smuggled luxe vehicles will be condemned, not auctioned: BOC

Feb. 14 | Some of the smuggled luxury cars destroyed at the Manila port on Feb 6. Photo courtesy of the Bureau of Customs. In compliance with the directive of Philippine President Rodrigo Duterte, the Bureau of Customs (BOC) will condemn rather than auction off...

Consortium puts forward P350B NAIA development proposal

Consortium puts forward P350B NAIA development proposal

Feb. 14 | A consortium comprising seven of the biggest Philippine conglomerates has submitted a P350-billion unsolicited bid to the government for the development of Ninoy Aquino International Airport (NAIA) into a regional aviation hub. The NAIA consortium—composed...

Cebu Pacific to kick off direct flight to Batanes

Cebu Pacific to kick off direct flight to Batanes

Feb. 12 | Photo from www.batanes.gov.ph/basco/ Low-cost Philippine carrier Cebu Pacific is launching a direct commercial air service between Manila and Batanes on March 25 as a result of an online canvassing of favorite local tourism destinations. Batanes emerged...

ICTSI’s Iraq port investment now on its second phase

ICTSI’s Iraq port investment now on its second phase

Feb. 12 | The second phase expansion at Basra Gateway Terminal (BGT) at the Port of Umm Qasr will be completed in stages by third quarter 2019. It will deliver 400 meters of new quay with a draft of 14 meters, alongside a new 30-hectare yard area and a 15-hectare...

Subic is next cruise ship playground in Asia

Subic is next cruise ship playground in Asia

Feb. 12 | Well-wishers welcome the arrival of M/V Costa Atlantica, a 85,619-ton Spirit-class cruise ship with around 2,000 passenger tourists, mostly Chinese nationals, at the Alava pier of Subic Bay Freeport on Feb. 10. Costa Atlantica is a 292.56-meter Spirit-class...
Close
Please support the site
By clicking any of these buttons you help our site to get better
Social PopUP by SumoMe
Copy Protected by Chetan's WP-Copyprotect.