Moody’s Analytics expects that this year’s dismal foreign trade performance will rebound next year, aligning with government expectations. “The trade performance this year has been underwhelming, but we see opportunities for a pickup in 2025,” Moody’s Analytics said. In August, the...
China has accused the United States of inciting confrontation in the Indo-Pacific by purportedly deploying weapons and increasing military activities in the South China Sea. Mao Ning, spokesperson for China's Foreign Ministry, said it is the US that is "the biggest source of instability in the...
All CebGo flights leaving and landing at the Ninoy Aquino International Airport (NAIA) will be transferred to Terminal 2 from Terminal 4 effective November 7, 2024, its operator Cebu Pacific announced on Friday, Oct. 11. The flight reassignment will include all CebGo flights between Manila and...
Malacañang has suspended work in government offices and classes in all levels in the cities of Manila and Pasay on Oct. 14 to 15 due to the expected volume of participants traveling within the cities for the 10th session of the Asia-Pacific Ministerial Conference on Disaster Risk Reduction...
Former Public Works chief Rogelio L. "Babes" Singson has been hailed by the big business group Management Association of the Philippines (MAP) as its Management Person of the Year 2024. In a statement on Wednesday, Oct. 9, MAP said Singson, who is currently president and chief executive officer...
Investments to uplift the poorest and most vulnerable sectors in the Philippines may be funded by more foreign borrowings and other fiscal savings from more-than-enough US dollar reserves, the United Nations Economic and Social Commission for Asia and the Pacific (Unescap) said. "Applying a...
MPT DriveHub, the all-in-one travel companion app, now offers Compulsory Third-Party Liability (CTPL) Insurance to help you #DriveYourWay and stay protected. When renewing your vehicle registration, you must go through the process that includes choosing the right Compulsory Third Party Liability...
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...
Cebu Pacific Air, the country’s leading carrier, is planning to deploy new planes from its massive P1.4 trillion Airbus order to its new hubs—particularly the new airport in Bulacan. In a press briefing after the signing of the purchase agreement between the airline and Airbus, Cebu Pacific...
Metro Pacific Investments Corporation’s digital healthcare platform, mWell, reported that it has integrated Physiare Physical Therapy Center’s cutting-edge physical therapy offerings in the mWell HealthHub. In a statement, mWell said this collaboration provides users with seamless access...
PLDT Inc., Manila Electric Company (Meralco), and Metro Pacific Investments Corporation are infusing a total of P570 million into DigiCo which is investing the same amount for a stake in Bayad Center and Multipay Corporation. In disclosures to the Philippine Stock Exchange (PSE), PLDT, Meralco, and...
A whopping scale of capital mobilization that will reach as much as $500 billion (roughly P27.5 trillion) will have to be concretized so the country’s energy systems will be substantially decarbonized, according to the Department of Energy. As cited by the energy department, “the Philippines is...
