Transport & Logistics
Batangas Port delivers $28M economic boost
The Batangas Integrated Port (BIP), operated by Asian Terminals Inc. (ATI) in partnership with DP World, generated an estimated USD27.8 million in economic output and supported 2,340 jobs across the Philippines in 2024, underscoring the growing role of regional ports in driving trade and economic activity.
AirAsia averts grounding: P271.94 million debt paid just in time
The Civil Aviation Authority of the Philippines (CAAP) confirmed on Thursday that AirAsia Philippines has fully paid its outstanding obligations amounting to P271.94 million, resolving a matter that previously put the airline at risk of being shut down.
CAMPI sees smaller 2026 auto sales decline
The Chamber of Automotive Manufacturers of the Philippines, Inc. (CAMPI) has trimmed its outlook for the domestic vehicle market, now expecting sales to decline by 5 to 8 percent in 2026 instead of the earlier forecast of an 8 to 10 percent drop.
AirAsia risks full grounding unless full payment made by 6 June
The Civil Aviation Authority of the Philippines (CAAP) has set a final deadline of 6 June, 2026, for AirAsia Philippines to clear its unpaid financial dues, warning that failure to comply will result in a full shutdown of its operations.
Toyota debuts electric, hybrid off-readers at PIMSS
Toyota Motor Philippines will spotlight its evolving electrification strategy at the 10th Philippine International Motor Show (PIMS) with the public debut of three new models—the Toyota Land Cruiser FJ, Toyota Hilux BEV, and Toyota Land Cruiser 300 HEV.
