Manulife points to policy tailwinds for PH stocks
Manulife Investment Management is cautiously optimistic of the Philippine equities market, underpinned by stabilizing macroeconomic indicators and signs of a post-election economic rebound. The investment firm points to aligned first-quarter corporate earnings, falling inflation, and anticipated interest rate cuts by the Bangko Sentral ng Pilipinas (BSP) as key market drivers.
AirAsia PH names new chief amid expansion push
AirAsia Aviation Group Limited (AAAGL) has named Captain Suresh Bangah as president and general manager of AirAsia Philippines, marking a pivotal leadership shift as the low-cost carrier prepares for a new phase of sustainable and profitable expansion.
Mixed Fuel Price Adjustments Set for Tuesday: Gasoline Up, Diesel and Kerosene Down
The various fuel retailers are rolling out mixed price adjustments for petroleum products starting Tuesday, with a modest increase in gasoline prices offset by cuts for diesel and kerosene.
Common Station completion targeted for 2027
Transportation Secretary Vince Dizon announced Monday that the long-delayed Unified Grand Central Station—also known as the Common Station—is now slated for completion by 2027. The transport hub, in development since 2009, aims to interconnect LRT-1, MRT-3, MRT-7, and the upcoming Metro Manila Subway.
Partial toll-free use of Skyway Stage 3 to ease EDSA traffic during rehab
Motorists using Epifanio de los Santos Avenue (EDSA) can expect some relief as the Department of Transportation (DOTr) announced that a portion of Skyway Stage 3 will be toll-free during EDSA’s upcoming reconstruction, set to begin on 13 June 2025. Transportation Secretary Vince Dizon revealed Monday that the toll suspension—pending Toll Regulatory Board (TRB) approval—will start once the rehabilitation is in full swing, possibly by July or August.
