Transport & Communications
New TBM set to accelerate Metro Manila subway construction
The Department of Transportation (DOTr) has deployed a third tunnel boring machine (TBM) at the Camp Aguinaldo Station to accelerate the construction of the ₱488.5-billion Metro Manila Subway Project (MMSP), in line with President Ferdinand Marcos Jr.’s directive to fast-track mass transit development.
Keppel’s subsea cable system achieves ready-for-service status
Keppel Ltd. announced on Monday that the Bifrost Cable System has officially reached ready-for-service (RFS) status and is set to begin carrying commercial traffic in the coming weeks.
MPTC eyes P20B from bond sale for tollway expansion
Metro Pacific Tollways Corporation (MPTC), a subsidiary of Metro Pacific Investments Corp., plans to raise up to ₱20 billion through the public sale of fixed-rate bonds.
ICTSI gets 2058 extension for Subic, plans USD130M investment
Subic Bay International Terminals Corp. (SBITC) and ICTSI Subic Inc. (ISI), both subsidiaries of International Container Terminal Services Inc. (ICTSI), have secured extensions of their operating concessions from the Subic Bay Metropolitan Authority (SBMA).
Cebu Pacific seeks more Australia flights
Cebu Air Inc., operator of Cebu Pacific, has filed a petition with the Civil Aeronautics Board (CAB) seeking additional flight entitlements to Australia to accommodate rising demand for tourism and trade.
