Transport & Logistics
Toll adjustments, traffic recovery push 1Q NLEX profits 28% higher to P2.7 billion
NLEX Corp. reported net income growing 28 percent in the first quarter this year, driven higher by traffic recovery and increase in toll rates.
Unconsolidated PUJ drivers, operators free to avail of livelihood programs
The Department of Transportation (DOTr) said public utility vehicle (PUV) operators and drivers who fail to meet the 30 April deadline for consolidation are welcome to avail of government livelihood programs.
PAL enters 5-month wet lease for two Airbus A330s to fly Australian routes
Philippine Airlines said Friday it has entered into a temporary wet-lease agreement with Wamos Air, one of Europe’s leading charter and wet lease carriers. The agreement, which takes effect June 1, involves the lease of two Airbus A330-200s with a dual-class configuration.
Scammers use social media platforms Viber, FB Messenger to get to GCash users—CICC
The Cybercrime Investigation and Coordinating Center on Thursday warned customers of GCash from clicking fake emails allegedly sent by the country’s biggest mobile payment service.
Slowing 1Q container business pushes ATI net income 36% lower
Asian Terminals Inc. (ATI) on Thursday reported net income falling 36 percent to P752.7 million in the first three months this year from year ago of P1.76 billion as the container business slowed.
