Transport & Logistics
Batangas port project to finish first phase by 2028
International Container Terminal Services Inc. (ICTSI) on Friday said construction of the US$800-million South Luzon Container Terminal (SLCT) in Batangas is underway, with the first phase expected to be completed by 2028.
Honda hits breaks on EVs, faces JPY2.5T losses
Honda Motor Co. Ltd. said Thursday, March 11, it is scrapping three planned electric vehicle models for North America in a dramatic strategy reset that could saddle the Japanese automaker with losses of up to JPU2.5 trillion (around USD16–billion).
DOTr cracks down on steep hikes in shipping rates
The Department of Transportation (DOTr) has warned domestic shipping lines against imposing steep passenger fare hikes, signaling tighter oversight from regulators led by the Maritime Industry Authority (MARINA).
Subic charts bold course into cruise facility
The Subic Bay Freeport Zone is plotting a major leap into the regional cruise tourism market with plans to build a dedicated cruise ship terminal worth about P10 billion, an investment that also coincides with renewed shipbuilding activity and expanding container operations in the port hub.
Safer walkways coming to EDSA as rehab hits 60% completion
The government says commuters and pedestrians will soon see safer and more efficient travel along Epifanio de los Santos Avenue (EDSA) as sidewalk expansion works under its ongoing rehabilitation reach 60 percent completion.
