PH money market ‘has disappeared’ — BSP chief
The money market in the Philippines where banks and financial institutions go for their short-term funding requirements has practically disappeared, according to the main man at the central bank, Bangko Sentral ng Pilipinas governor Eli Remolona Jr.
Panay Rail Line to become digital farm-to-market backbone under new proposal
In a major push to modernize agriculture and logistics in Western Visayas, Panay Railways, Inc. (PRI), Philtrak Inc., and the Department of Science and Technology (DOST) recently launched a proposal to transform the long-decommissioned Panay railway into a Farm-to-Market Digital Logistics Integrated Backbone (FM-DLIB).
“We Are Not in Batanes”
“We are not in Batanes,” said KONE Philippines managing director Peterri Kyrklund, contrasting the serene, undeveloped landscapes of the northern Philippine province with the rapidly urbanizing cities across the region. The quip came as KONE emphasized the pressing need to modernize aging vertical transport infrastructure in Asia-Pacific.
JICA aided crisis management tool launches in Manila
The chief representative of the Japan International Cooperation Agency (JICA), Takashi Baba, on Thursday declared the 2023 disaster resilience feasibility study effective and the...
Fuel costs, not tariffs, keep 2GO on edge, says SM Investments chief
Rising fuel prices, not global trade tensions or tariff-related supply disruptions, are the primary concern for multimodal transport and logistics firm 2GO, according to SM Investments Corp. president and CEO Frederic C. DyBuncio.
