The Bases Conversion and Development Authority (BCDA) has signed an agreement with the regulator of the Ninoy Aquino International Airport (NAIA) for the sale of the Terminal 3 property worth nearly ₱50 billion. The BCDA said it transferred the 61-hectare property occupied by NAIA Terminal 3 to...
Amid a prolonged global oil crisis, the Philippines is poised to secure fresh grant and loan financing from bilateral as well as multilateral partners to support power-sector reforms and the transition to more renewable energy (RE) sources. United States (US) aid agency Millennium Challenge Corp....
Every artist dreams of writing a song that connects with people. Not all of them expect to wake up one day and find it being sung back to them across the world. That’s the reality Janine Berdin finds herself in today. As clips of her music circulate across social media, particularly her...
After solidifying its control over International Entertainment Corp. (IEC), Philippine online gaming firm DigiPlus Interactive Corp. is moving to build the digital gambling operations of IEC’s LaVie Resort & Casino Manila. In a disclosure to the Philippine Stock Exchange (PSE) on Wednesday, June...
Companies controlled by billionaire Enrique K. Razon Jr. have deployed emergency relief operations in Mindanao following the devastating magnitude 7.8 earthquake. Manila Water Co., International Container Terminal Services Inc. (ICTSI), and power distributor Primelectric Holdings Inc. spearheaded...
State-run Clark International Airport Corp. (CIAC) has signed a 25-year lease agreement with Heatcon Asia Inc., a Boeing supplier specializing in composite repair solutions, as part of efforts to strengthen Clark’s aviation and aerospace industry. In a statement on Wednesday, June 10, CIAC said...
The World Bank has approved a six-month extension of its $300-million loan for a delayed project aimed at strengthening Metro Manila’s preparedness for “The Big One” earthquake, after the Philippine government sought more time to implement key activities that have yet to begin. In a...
San Miguel Corp. (SMC) may complete the first runway of its ₱735-billion New Manila International Airport ahead of its 2028 timeline, despite construction bottlenecks caused by supply shortages in Manila Bay. Ramon S. Ang, SMC chairman and chief executive officer, assured shareholders during the...
In the wake of the powerful earthquake that struck Mindanao this week, several international celebrities have taken to social media to express concern and solidarity with affected communities. Among them was South Korean singer and actress Sandara Park, whose ties to the Philippines stretch back to...
Jetour Auto Philippines formally introduced Jessy Mendiola-Manzano and Luis Manzano as its newest brand ambassadors during the official contract signing and press conference held at the 10th Philippine International Motor Show (PIMS) at the World Trade Center in Pasay City. As Filipino families...
Toyota Motor Philippines has opened reservations for the all-new Toyota Hilux, following the pickup’s local debut at the Philippine International Motor Show. The new model rides on a heavily updated IMV platform, with revised and expanded drivetrains. It arrives with 2.8-liter diesel variants and...
Toyota Motor Philippines has opened reservations for the all-new Land Cruiser FJ and Land Cruiser 300 HEV starting June 4, giving the Land Cruiser name two distinct new directions in the local market. Land Cruiser FJ The all-new Land Cruiser FJ arrives as a compact body-on-frame 4x4 with the...
