Transport & Logistics
Higher airfares expected in early August as CAB approves fuel surcharge hike
Air travelers will pay more for flights from August 1 to 15 after the Civil Aeronautics Board (CAB) raised the allowed passenger and cargo fuel surcharges to Level 13, up from Level 8 that was in place from July 16 to 31.
ATI celebrates 40 years with P42-billion port investments
Asian Terminals Inc. (ATI) has invested more than P42 billion in port infrastructure and modernization over the past 40 years, highlighting the scale of private-sector investments that have helped keep Philippine trade moving and strengthened the country's position in regional supply chains.
Kia expands SUV lineup, keeps balanced vehicle strategy
Kia Philippines is expanding its product lineup with more sport utility vehicles while maintaining a balanced mix of internal combustion engine, hybrid and electric vehicles, reflecting a strategy that aligns with the realities of the Philippine market rather than a rapid transition to full electrification.
Mitsubishi readies P7B hybrid investment as EVIS nears
Mitsubishi Motors Philippines Corp. (MMPC) is preparing to invest P7 billion in local hybrid electric vehicle production once the government formally rolls out the Electric Vehicle Incentive Strategy (EVIS), becoming one of the first automakers to publicly commit fresh capital under the proposed incentive program.
PCCI urges customs reforms to ease NAIA cargo bottlenecks
The Philippine Chamber of Commerce and Industry (PCCI) is pushing a series of customs reforms to unclog cargo operations at Ninoy Aquino International Airport (NAIA), warning that persistent delays threaten one of the country's biggest export engines—the semiconductor and electronics industry.
