Transport & Communications
SMC Tollways posts 10% profit growth in 2024, boosted by higher traffic volume
SMC Tollways Corp. reported a 10 percent increase in net income for 2024, driven primarily by a rise in vehicle traffic across its toll roads.
PBBM orders united effort for safe, smooth Holy Week travel
President Ferdinand Marcos Jr., more publicly known under the initials PBBM, has issued a clear directive for all government agencies to coordinate efforts in ensuring the safety and convenience of travelers during the Holy Week, transport secretary Vince Dizon said.
Cebu Pacific posts strong March traffic growth, boosted by capacity expansion
Cebu Pacific’s passenger traffic jumped nearly 19 percent in March, as the Gokongwei-led carrier capitalized on higher seat capacity across both domestic and international routes, underscoring its aggressive post-pandemic growth strategy.
Lorenzo Shipping sells shares to National Marine for P165.5M
Lorenzo Shipping Corp. Said its board has approved the issuance of additional common shares to National Marine Corp., a sale that raised P165.5 million...
SMC Infrastructure activates holiday traffic plans to ease expressway congestion
SMC Infrastructure has implemented comprehensive traffic management plans across its expressways to address the expected surge in motorists beginning Monday, 14 April as Filipinos head to the provinces for the Holy Week.
