In a remarkable achievement, Mang Inasal has emerged as the only restaurant brand from the Philippines to receive honors at the prestigious 21st International Business Awards (IBA), held recently at the InterContinental Istanbul, Turkey. Recognized for its groundbreaking marketing...
DAVAO CITY – The Department of Transportation and the International Finance Corp. on Thursday, October 10, formally signed the Transaction Advisory Services Agreement to facilitate the rehabilitation and modernization of the Francisco Bangoy International Airport here. A NEW LOOK Francisco...
The International Finance Corp. (IFC) has green-lit a loan package for Filipino firm Asialink Finance Corp. (AFC) to help boost small business lending in the Philippines. The private-sector lending arm of the World Bank Group (WBG) disclosed on Friday, Oct. 11, that the senior loan financing...
The local economies of Bulacan and its neighboring provinces are expected to be bolstered by the expanded 24.6-kilometer (km) Plaridel Bypass Road, according to the Japanese government, which partly funded the project through an official development assistance (ODA) loan. The completed third phase...
Razon-led International Container Terminal Services Inc. (ICTSI) has acquired a 27-hectare property to expand its berth terminal in Bauan, Batangas. In a disclosure to the Philippine Stock Exchange (PSE), the firm said the property it bought is in Barangay San Roque and San Andres I, Municipality...
The Port of Ninoy Aquino International Airport’s (NAIA) Bureau of Customs has received praise from the German Embassy for its efficient trade facilitation processes. During the recent celebration of the 34th Anniversary of German Unity and the 70th German-Philippine Diplomatic...
Japan, together with the United States, is backing up the Philippines' cybersecurity enhancement, especially to protect critical information infrastructures (CIIs). Japan International Cooperation Agency (JICA) Philippines chief representative Takema Sakamoto committed "unwavering support" to the...
While ride-hailing apps have benefitted Filipino commuters, especially in Metro Manila, further increasing transport network vehicle service (TNVS) supply and legalizing motorcycle taxis would help fill lingering transportation gaps, according to the Paris-based International Transport Forum (ITF)....
Ports operator International Container Terminal Service Inc. (ICTSI) officially opened a new terminal in Indonesia that would pave the way for an expanded trade in the country. On Tuesday, October 8, ICTSI said it officially opened East Java Multipurpose Terminal (EJMT) at the Lamongan Regency...
The ruins of Marawi City during the 2017 siege (File photo) In times of conflict or wars, it is often the voice of men that are listened to by the people: informing who and where the enemies are, what to do and where to go to keep us safe, and what plans the government should do to defeat the...
By ANGELICA BALLESTEROS Following higher fees for airlines and car owners at the Ninoy Aquino International Airport (NAIA), overstaying cars at curbsides will also expect to pay charges as early as this year. This was confirmed by New NAIA Infrastructure Corporation (NNIC) General Manager Lito...
The International Finance Corporation (IFC) has invested $7 million in fintech firm First Circle to expand digital financial services for small and medium-sized enterprises (SMEs) in the Philippines. The IFC board approved the project on June 13, signed on June 28, and invested the...
