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ATI posts 19.1% jump in Q1 income

Asian Terminals reported a 19.1% increase in income and 5.5% growth in revenues for the first quarter of the year Cargo handled by...

House bill seeks P40B relief for domestic airlines

House Bill 9324 or the proposed Air Carriers Relief Act aims to provide economic relief for the stricken air transport sector through loan...

NLEX, SCTEX RFID system improvements making progress

Enhancements to the radio frequency identification system for the North Luzon Expressway (NLEX) and Subic-Clark-Tarlac Expressway (SCTEX) are ongoing The RFID antennas on...

Bicol International Airport over 82% complete, eyes 2021 opening

Construction works for Bicol International Airport, to be known as the “Most Scenic Gateway” of the country, is now 82.22% finished and scheduled...

2GO launches largest, most advanced RoPax vessel

Newly launched MV 2GO Maligaya is currently the most technologically advanced RoPax vessel in the Philippines The RoPax newbuild is the biggest in...

Subic exports, imports log double-digit growth in first quarter

Exports and imports at Subic Bay Freeport grew 48% and 29%, respectively, in the first quarter of 2021 as compared to the same...

BOC’s cellphone revenue collection grows despite reduced volumes

Improved valuation for taxing mobile or cellular phone (cellphone) imports has resulted in a 27% jump in revenues to P2 billion in the...

PEZA Q1 exports up 15.6%, investments leap 53.9%

Exports by Philippine Economic Zone Authority (PEZA) locators grew 15.63% in the first quarter of 2021 to US$14.93 million year-over-year The PEZA Board...

Kuehne+Nagel acquires Apex in $1.2B deal

Acquisition of Apex completed after satisfying all closing conditions Significant fulfillment of Kuehne+Nagel's strategic ambitions in Asia Compelling value proposition for Asian customers...

Importers, customs brokers face criminal raps over P49.3M shipments

The Bureau of Customs has filed criminal complaints against two importers and a customs broker for alleged misdeclaration and unlawful importation of minerals,...

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