Big business on Sunday, Feb. 9, urged the Metropolitan Manila Development Authority (MMDA) to maintain and improve the dedicated lanes for buses and motorcycles on the main thoroughfare EDSA to decongest vehicular traffic. "Any talk of possible dismantling of the EDSA Carousel Line at this stage...
Department of Transportation (DOTr) Secretary Jaime Bautista is confident that the upcoming election ban on government projects will not affect the agency’s big-ticket infrastructure projects. DOTr Secretary Jaime Bautista speaks to the media during a Palace press briefing. (RTVM...
GT Capital Holdings Inc., the investment arm of the Ty family, reported a six percent dip in consolidated net income to P21.7 billion for the first nine months of 2024 from P23.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the firm said that,...
Aboitiz-led Union Bank of the Philippines (UnionBank) and the ATRAM Group have entered into an investment agreement to merge their respective trust subsidiaries. In a disclosure to the Philippine Stock Exchange (PSE), UnionBank announced that it will hold a 27.5 percent ownership stake in ATR...
The Department of Transportation (DOTr) announced on Thursday, Nov. 7, that the Phase 1 of the Light Rail Transit-1 (LRT-1) Cavite Extension will be operational starting this month. The start of test runs for Phase 1 of the LRT-1 Cavite Extension project (Photo from the Light Rail Manila...
Department of Transportation (DOTr) Secretary Jaime Bautista assured some 4.5 million passengers going to the provinces for the All Saints’ Day, or Undas, that the government is ready for the sudden influx of travelers. “Mayroon kaming (We have), every year, we have this Oplan Biyaheng...
The Philippine government is eyeing seven more transportation projects aimed at improving public infrastructures in the country, Department of Transportation (DOTr) Secretary Jaime Bautista said on Monday, Oct. 28. Taguig International Terminal Exchange (DOTr photo) In a Palace press...
The Department of Transportation (DOTr) assured on Monday, Oct. 28, that all of the country’s airports and seaports are now fully operational in the aftermath of the devastation caused by Typhoon Kristine in Luzon last week. (Manila Bulletin file photo) During a Palace press...
Aboitiz-led Union Bank of the Philippines (UnionBank) registered a six percent hike in net income to P8.6 billion for the first nine months of 2024 from P8.1 billion in the same period last year. In a disclosure to the Philippine Stock Exchange (PSE), the bank said that for the third quarter...
The Ty family’s conglomerate GT Capital Holdings, Inc. reported a 17 percent drop in consolidated net income to P13.8 billion in the first half of the year due to one-time gains in 2023. In a disclosure to the Philippine Stock Exchange, the firm said profits improved five percent if excluding the...
Former Commission on Elections (Comelec) chairperson Andres Bautista has been charged by the United States (US) Department of Justice (DOJ) for their role in an alleged bribery and money laundering scheme to retain and obtain business related to the 2016 Philippine elections. (MB file photo) This...
Aboitiz-led Union Bank of the Philippines (UnionBank) announced that its Senior Executive Vice President Ana Maria Aboitiz Delgado will take the helm of the bank next year from current President and CEO Edwin R. Bautista who had been asked to extend his term in 2022. In a disclosure to the...