MacroAsia unit inks P1.41B loan for Cebu desalination project
MacroAsia Corp., an investment holding company of the Lucio Tan Group, said Cebu Summa Water Lapu-Lapu Inc.—a wholly-owned unit of Summa Water Resources Inc.—has signed a P1.4-billion loan agreement with Security Bank Corp. to bankroll the water utilities’ seawater desalination project.
PAL emergency landing in Tokyo delays travel for hundreds of air passengers
TOKYO – Philippine Airlines (PAL) flight PR102, bound for Los Angeles from Manila, made an emergency landing at Tokyo’s Haneda Airport early Wednesday morning, temporarily stranding over 370 air travelers and crew.
BOC, SBMA Sign MOA to Boost Subic Trade and Customs
The Bureau of Customs (BOC) and Subic Bay Metropolitan Authority (SBMA) signed a Memorandum of Agreement (MOA) on Thursday strengthening their partnership to streamline...
New NAIA terminals to ease congestion, Enhance Air Travel Experience
Air travelers using Ninoy Aquino International Airport (NAIA) can look forward to a smoother and less congested airport experience in the coming years as the New NAIA Infrastructure Corporation (NNIC) begins construction on two new passenger terminals.
SP Escudero nixes Sen. Marcos contempt order vs ambassador
Senate President Chiz Escudero on Friday urged Sen. Imee Marcos to avoid using the Senate for personal political aims, the Inquirer reported. Escudero said Marcos’ contempt and detention order against Special Envoy on Transnational Crimes Ambassador Markus Lacanilao—accused of lying during a committee hearing—was issued without his prior approval. Calling the move unauthorized, Escudero ordered Lacanilao’s release, citing both procedural grounds and compassion. “I directed his release, both as a matter of regularity and out of humanitarian consideration, as his grandfather is to be laid to rest today,” he said.
