Transport & Logistics
AirAsia Malaysian owners bare raising capital funds near term via share sale
Malaysia's Capital A Berhad, having acquired full ownership of AirAsia Philippines, on Monday bared pushing through with the sale of airline shares in a planned initial public offering (IPO).
Ride-hailing firm InDrive assembling top-notch driver corps following LTFRB accreditation
InDrive, a global mobility and urban services platform, on Monday obtained Land Transportation Franchising and Regulatory Board (LTFRB) accreditation as a transport network company (TNC), paving the way for the company to offer ride-hailing services in the country.
LRT 1 rolls out special QR, beep lanes as queue eliminators
The Light Rail Manila Corporation (LRMC) has rolled out QR and beep lanes at select LRT-1 stations as part of the program providing a more satisfying commuting experience for riders.
Cebu Pacific sets 19% more capex under 2024 budget year
Cebu Air, Inc., operator of Cebu Pacific, said it has set a higher capital expenditure (capex) budget by 19 percent next year, maily for...
Globe taps four lenders to finance capex requirement
Globe Telecom, Inc. on Friday signed a term loan agreement with BDO Unibank, Inc. for P20 billion to finance its capital expenditures, pay obligations and other corporate requirements.
