Transport & Logistics
PEZA seals P967M Cavite ecozone expansion deal
The Philippine Economic Zone Authority (PEZA) has formalized the P967-million expansion of the Suntrust Ecotown Tanza-Special Economic Zone in Cavite, adding more industrial land as the government ramps up efforts to attract export-oriented investments and manufacturing projects.
Kia, UnionBank roll out flexible car financing nationwide
Kia Philippines is expanding its financing options through a partnership with UnionBank of the Philippines, offering customers installment payment plans of up to 36 months as automakers intensify efforts to make vehicle ownership more affordable amid cautious consumer spending.
VinFast targets Philippine e-scooter lead with savings pitch
Vietnamese electric vehicle maker VinFast is betting that lower ownership costs, rather than sticker prices, will convince Filipino riders to switch from gasoline-powered motorcycles as it races to establish itself as the country's leading electric scooter brand.
Gov’t files record 105 expropriation cases for NSCR
The Department of Transportation (DOTr) and the Office of the Solicitor General (OSG) have filed 105 expropriation cases for the North-South Commuter Railway (NSCR)—the most ever filed for a single infrastructure project by the agency.
PAL raises additional $50 million to fund fleet upgrade and route expansion
The Philippine Airlines, Inc. (PAL), led by the Lucio Tan group, is raising an extra $50 million to support its fleet modernization efforts and expand its international flight network.
