The Department of Transportation (DOTr) on Tuesday said the two-day strike by transport groups Manibela and Piston proved unsuccessful and by this token inconsequential.
Metro Pacific Tollways Corp. on Tuesday said it remains interested in acquiring the government's stake at the Manila-Cavite Expressway (Cavitex) even in the face of an ongoing dispute with its partner, the Public Estates Authority Tollway Corporation (PEATC), a unit of the Philippine Reclamation Authority (PRA).
The packaging industry in Southeast Asia is working with governments and industries to develop more sustainable solutions for the region’s solid waste issues which has rapidly increased from some 150 million tons in 2016 to more than double by 2030,
Alliance Global Group Inc., the holding company of tycoon Andrew Tan, reported attributable net income rising 21 percent in 2023 to a new high P19.6 billion on the back of strong performance from its real estate, tourism and consumer segments.
Metropolitan Bank & Trust Co. (Metrobank) has clinched first place among Philippine banks and securities firms in both the Local Currency Bonds and G3 Bonds categories of The Asset Benchmark Research Awards 2026, affirming its leadership across domestic and international bond markets.
The Department of Transportation (DOTr) and the Light Rail Transit Authority (LRTA) are actively looking for funding to buy additional trainsets for LRT Line 2, a key move aimed at cutting down long lines that have formed at stations as passenger numbers keep growing. Right now, only eight trainsets are running on the line—one is having its Train Operating Control Panel upgraded, while another remains under repair—creating a gap between what commuters need and what the system can provide.
BORACAY ISLAND, Aklan—Boracay already has the white sand, turquoise waters, and postcard sunsets. Kevin Wong is betting billions of pesos that it can offer visitors something more, and persuade them to stay longer while opening their wallets a little wider.
The Philippines is maintaining its target of 6.4 million international tourist arrivals in 2026, banking on stronger year-end demand and improving travel from key markets to offset rising airfares, higher fuel costs and weakening consumer sentiment.