Transport & Logistics
CIAC dividend surge earns Marcos recognition for fiscal discipline
The Clark International Airport Corporation (CIAC) has earned recognition from President Ferdinand R. Marcos Jr. after remitting P585.71 million in dividends to the National Treasury, highlighting the state-run firm's growing financial strength and its expanding contribution to government revenues.
Topline bullish on offshore infrastructure growth wave
Topline Equity Corp. is casting a wider net beyond its traditional businesses, forming a joint venture with Singapore-based marine services firm Aesen Pte. Ltd. to capitalize on what it sees as a looming boom in offshore infrastructure projects worth an estimated P600 billion.
Gatchalian shifts focus to perks for wider EV adoption
Senate President Sherwin Gatchalian is pushing a new approach to accelerate electric vehicle (EV) adoption, arguing that convenience and ease of ownership could be just as important as tax incentives in persuading more Filipinos to make the switch.
DOTr agencies remit P15.29 billion dividends to gov’t
The Department of Transportation (DOTr) announced that its attached agencies have turned over a total of P15.29 billion in dividends to the national treasury, funds that will be used for priority projects aimed at improving the lives of Filipinos.
Logistics reform targets costs, congestion, competitiveness
The government is seeking public feedback on a sweeping logistics reform that could reshape how goods move across the Philippines, tackling high shipping costs and chronic port congestion that have long weighed on businesses and supply chains.
