Port operator International Container Terminal Services, Inc. (ICTSI) reported a 19 percent improvement in attributable net income to $751.56 million in the first nine months of the year from the $632.58 million earned in the same period of 2024 as global trade continues to grow despite US tariff...
Travelers can breathe a sigh of relief as local airlines will no longer pursue the collection of a terminal enhancement fee meant to raise fares, even as they scramble to shoulder the soaring costs of operating at Ninoy Aquino International Airport (NAIA). Civil Aeronautics Board (CAB) Executive...
Metro Manila West Zone concessionaire Maynilad Water Services Inc. began its capital-raising exercise Thuesday, Oct. 23, with its ₱34.33 billion initial public offering (IPO) open for subscription until Oct. 29, 2025. Maynilad fixed its IPO share price at ₱15 on Oct. 20. The water...
THE HAGUE, Netherlands (AP) — The International Court of Justice said on Wednesday that Israel must allow the U.N. aid agency in Gaza, known as UNRWA, to provide humanitarian assistance to the Palestinian territory. The Hague-based court was asked late last year by the U.N. General Assembly to...
President Marcos warned over irresponsible mining, stressing that it must benefit communities, not burden them. In leading the opening of the Mining Philippines 2025 International Conference and Exhibition on Wednesday, Oct. 22, Marcos called for responsible mining, stressing that every operation...
The Philippines will be transformed into a "shopping mecca" featuring products from around the world, with proceeds to fund various charitable causes, Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro said. "On November 16, 2025, the World Trade Center Camp in Pasay City will be...
ZAMBOANGA CITY – A Philippine Airlines flight was forced to return to the Zamboanga International Airport on Tuesday, Oct. 14, after experiencing bird strike while enroute to Manila. One of the passengers said that PAL flight PR2950 left the Zamboanga International Airport at 6:35 a.m. Some 15...
Washington-based International Monetary Fund (IMF) expects the Philippines’ current account deficit to widen by end-2025 and remain elevated through 2026. According to the latest issue of the World Economic Outlook (WEO), published on Tuesday, Oct. 14, the IMF has forecast the Philippines’...
The Philippines has been “proactive” in building its network of “bilateral, mini-lateral, and regional partnerships” to prepare itself in taking on a bigger role in international politics as “traditional powers” have diminished their influence in maintaining global order, Department of...
After the devastating 6.9-magnitude earthquake that struck Cebu, the Japan International Cooperation Agency (JICA) has extended crucial support to affected families, helping communities recover from the disaster. In a statement on Tuesday, Oct. 14, the Japanese government’s aid arm said the...
The Philippine Stock Exchange (PSE) has approved the voluntary trading suspension sought by Asiabest Group International Inc. (ABG) in response to shareholder calls for transparency and to avoid speculation while awaiting the final appraisals of assets to be infused into the company. “The...
In the wake of the multiple earthquakes that hit the Philippines in a span of two weeks, the international community came together to offer help and assistance for the government and the victims left devastated by the disasters. United States Ambassador MaryKay Carlson shared about the US’...
