Transport & Logistics
Truckmakers urge caution on Euro II fuels
The Truck Manufacturers Association, Inc. (TMA) has backed a government move allowing the temporary use of lower-grade fuel, but warned it must be enforced with “utmost caution” to avoid damaging modern vehicles.
Marcos orders P145.56B highway funding release
President Ferdinand R. Marcos Jr. has ordered the release of P145.56 billion to fund the Central Mindanao High Standard Highway Project, aiming to accelerate infrastructure development and spur economic growth in the region.
Cebu Pacific profits more than double in 2025 on strong travel demand
Cebu Pacific reported a sharp rise in earnings in 2025, with net income reaching P12.3 billion, more than double the previous year’s results.
PEZA implements measures to ease oil shock
Rising global oil prices, fueled in part by Middle East tensions, are increasingly pressuring export-oriented firms. The Philippine Economic Zone Authority (PEZA) is acting to shield its locators by boosting logistics efficiency within ecozones, Director General Tereso Panga said.
ICTSI divests Yantai Terminal stake for P6.76B
International Container Terminal Services Inc. (ICTSI), the global port operator of billionaire Enrique Razon Jr., announced the sale of its entire 51 percent stake in Yantai International Container Terminal Ltd. (YICTL), a container port operator in China, in a transaction valued at P6.76 billion.
