Transport & Logistics
Asialink Finance in partnerships expanding EV mobility financing
Asialink Finance Corporation (AFC), a leading non-bank financial institution, has sealed strategic partnerships with CBEV Transport Technology Inc. (CarBEV), VinFast Fairview, and PeekUp to boost electric vehicle (EV) financing and support sustainable mobility in the Philippines. The agreements were signed during a ceremony at AFC’s office.
VinFast looks at battery subscriptions to drive sales
Vietnamese electric vehicle maker VinFast is introducing a new ownership model in the Philippines, betting that battery subscriptions can make electric motorcycles more affordable and attractive to cost-conscious commuters, delivery riders, and ride-hailing operators.
Fitch Ratings underscores PAL’s stronger flight path
Philippine Airlines (PAL) has secured a key endorsement from global credit watcher Fitch Ratings, which assigned the flag carrier its first-ever 'BB' Long-Term Issuer Default Rating with a Stable Outlook, highlighting the airline's improved financial resilience and disciplined recovery strategy following years of industry upheaval.
CAAP signs MOUs advancing sustainable aviation fuel, emissions
The Civil Aviation Authority of the Philippines (CAAP) has sealed two separate agreements with the Island Skies Alliance (ISA) and the Global Green Growth Institute (GGGI) to speed up Sustainable Aviation Fuel (SAF) development and lower the aviation sector’s carbon footprint.
Cebu Pacific to integrate AirSWIFT flights under Cebgo starting July 2026
Cebu Pacific (CEB) announced Monday it will transfer all AirSWIFT operations to its subsidiary Cebgo effective July 1, 2026, marking a key step in the airline’s network integration strategy.
