Transport & Communications
Fuel costs, weak peso help push six-month Cebu Pacific profits 5.3 percent lower
Cebu Pacific reported a 5.4 percent decline in net income to P3.54 billion in the first six months this year, primarily due to escalating jet fuel prices and the weakened peso.
Cebu Pacific ramping up flights out of Davao beginning October
Cebu Pacific is expanding its reach with new domestic and international routes from Davao starting October this year.
MPTC buys government stake at NLEX for P2.5 billion
Metro Pacific Tollways Corporation (MPTC) on Monday reported buying the 2.61-percent government stake in NLEX Corp. for P2.5 billion.
‘Pursuing PTMP aligns with goal of advancing public welfare’
The Department of Transportation (DOTr) on Monday ruled out any suspension of the Public Transport Modernization Program (PTMP), saying such would disrupt the delivery of services essential for the public.
Converge designs fiber internet for condo dwellers
Converge ICT Solutions Inc., the country’s leading fiber broadband provider, has launched new contract-free FiberX plans specifically designed for condominium dwellers.
