Transport & Communications

Globe Telecom Inc. has completed another significant milestone in its tower asset monetization strategy, finalizing the sale of 44 cellular towers to MIESCOR Infrastructure Development Corp. (MIDC) and 12 towers to Phil-Tower Consortium, Inc. (PhilTower) for a combined total of P706 million.

AirAsia Philippines reported a significant increase in passenger traffic and forward bookings for flights to Taiwan in the first quarter of 2025. From January to March, the airline has already flown 90 percent of the total number of passengers to Taiwan recorded in the same period in 2024, reflecting a strong demand for Taiwan tourism.

Newly-appointed Transport Secretary Vince Dizon has vowed to fast-track major transportation infrastructure projects under the government's Build Better More (BBM) program to address long-standing traffic issues causing economic strain in the Philippines.

MPCALA Holdings Inc., a subsidiary of Metro Pacific Tollways Corp. (MPTC), is on track to complete the Cavite-Laguna Expressway (CALAX) Governor’s Drive Interchange in the second half of 2025, a milestone expected to enhance regional connectivity and push economic expansion.

NLEX Corporation, a subsidiary of Metro Pacific Tollways Corporation, on Wednesday announced a P1.4 billion investment to upgrade its toll systems, streamline its toll transactions and improve customer experience. This development is expected to have a substantial impact on corporate finance and daily commuters alike.