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LRMC declares LRT-1 extension project 88% complete

The Light Rail Manila Corp. (LRMC) said the first phase of the LRT-1 Cavite Extension Project is 88 percent complete as of June this year.  The...

PPA declares ports across the country prepared for new storm approaching PAR

The Philippine Ports Authority (PPA) has ordered all port management offices across the country to prepare even now for the new tropical depression still...

Bautista commits to help families impacted by ongoing transport projects

Transportation and Human Settlements and Urban Development officials have agreed to lean into each other and help informal settlers impacted by the ongoing buildup...

MARINA suspends safety certificates of MBca Aya Express

The Maritime Industry Authority (MARINA) has suspended the permit of passenger ship MBca "AYA EXPRESS" after it figured in a sea mishap on Thursday...

Cemex widens 1H loss on rising input cost, declining sales volume

Cement Holdings Philippines Inc., a leading cement producer,  said Friday it widened its net loss to P662 million in the first half from P267...

Just in

DA, SRA race to secure sugar industry input amid Middle East disruption

The government is moving to safeguard fuel and fertilizer supplies for the sugar industry as the sector enters the most resource-intensive phase of the harvest season.

Gov’t orders cut in airport fees to help lower air travel costs

Transportation Secretary Giovanni Lopez has directed the Civil Aviation Authority of the Philippines (CAAP) to reduce Passenger Service Charges (PSC) and airport navigation fees in airports operated by the agency.

Coffee costs clip Universal Robina profits

Universal Robina Corp., the listed food unit of the Gokongwei Group, posted modest revenue growth last year but saw profits ease as unusually high coffee input costs squeezed margins, highlighting how volatile commodity prices continue to challenge food manufacturers.

ASEAN ministers urge restraint in Middle East, shield region’s economy

Economic ministers of the Association of Southeast Asian Nations on Friday called for urgent de-escalation of tensions in the Middle East, warning that prolonged conflict could ripple across global energy markets and threaten Southeast Asia’s fragile economic recovery.
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