Transport & Logistics
Transport operators gain access to P3M EV loans
Licensed transport operators and drivers will soon be able to access financing of up to P3 million per unit as they transition from traditional vehicles to electric alternatives, Trade Secretary and Small Business Corp. (SBCorp) Chair Cristina Roque said Friday.
MARINA issues new rules to boost domestic ship officers, simplify seafarer certification
The Maritime Industry Authority (MARINA) has released new guidelines aimed at increasing the number of qualified officers on domestic vessels and simplifying certification processes for seafarers.
Philippines joins Pax Silica, plans Luzon security zone
The Philippines has formally joined Pax Silica, a US-led supply chain initiative, signaling its rising role as an electronics manufacturing hub in Asia, the US State Department said on April 16.
PAL expands US network with new non-stop service to Chicago
Philippine Airlines (PAL) will launch a new nonstop flight between Manila and Chicago starting November 9, expanding its network in the United States. Chicago becomes PAL’s eighth U.S. and U.S. territory destination, alongside Honolulu, Los Angeles, San Francisco, Seattle, New York, Guam, and Saipan.
ICTSI exits China terminal, sells stake for P6.8 billion
International Container Terminal Services Inc. (ICTSI) said Wednesday it has completed the sale of its 51 percent stake in Yantai International Container Terminal Ltd. (YICTL) in China.
