Transport & Logistics
PLDT settles US class action lawsuit
PLDT Inc. on Thursday announced reaching an agreement resolving a class action lawsuit filed against the company by unhappy shareholders in the United States.
Eight-year Angkas campaign for motorcycle taxi as transport alternative ends well with Malacanang endorsement
Angkas, the pioneering motorcycle ride-hailing service provider, on Thursday expressed strong support for President Ferdinand Marcos Jr.'s initiatives to legalize motorcycle taxis and improve regulations covering the Transport Network Vehicle Services (TNVS) sector.
Globe bares diminishing capex and shift to optimal network deployment
Globe Telecom has recalibrated its capital expenditure (capex) this year and the years forward and has prioritized network efficient investments to fuel future growth and enhance the digital lives of Filipinos.
PLDT opts out of deal with ABS-CBN on sale of Sky Cable
PLDT Inc. said Thursday it has called off a P6.75-billion deal with ABS-CBN Corp. for the acquisition of the broadband business Sky Cable Corp., the second time PLDT has opted out of an agreement involving the cable TV and broadband service company.
SEC trashes NOW Corp. pretensions of innocence on subsidiary abuses
The SEC's Enforcement and Investor Protection Department in an order dated 16 February 2024 threw away the appeal filed by NOW Corp. chief executive Mel Velarde for lack of merit, saying the business has misled the investing public by its failure to disclose material information impacting subsidiary firm NOW Telecom.
