Lagonglong Port project completed, boosting Mindanao trade and jobs
Aboitiz Construction announced Friday the completion of the Lagonglong Port in Misamis Oriental for AMADI MGT Terminals Inc., marking a major milestone in infrastructure development aimed at boosting Mindanao’s economic activity.
NAIA to roll out new e-gates before Christmas to ease immigration processing
The Department of Transportation (DOTr) announced on Friday that electronic gates (e-gates) will soon be installed at the Ninoy Aquino International Airport (NAIA) to expedite immigration processing and improve the overall travel experience for passengers.
Cosco Capital cites strong consumer demand for Q1 earnings growth
Cosco Capital Inc., the retail holding firm of tycoon Lucio L. Co, reported a consolidated net income of P3.67 billion for the first quarter, a 7.6 percent increase from ₱3.42 billion in the same period last year.
Cebu Pacific net profit fell in 1Q, hurt by fleet expansion cost
Cebu Pacific, the budget carrier brand of the Gokongwei Group’, saw net income in the first quarter drop 78 percent to P466 million, dragged down by higher fleet and financing costs related to its fleet and route expansion.
ACEN Australia secures access rights to energy zone
ACEN Corp., the green energy arm of the Ayala Group, said its wholly-owned unit, ACEN Australia, has secured access rights to the Central West-Orana Renewable Energy Zone (CWO REZ) for projects in New South Wales, which includes power generation from solar and wind energy.
