Transport & Logistics

Toll rate adjustment, vehicle volume push 9-month NLEX Corp income 24% higher

NLEX Corp. on Thursday reported net income growing 24 percent in the first nine months this year, driven by traffic recovery and increase in toll rates. 

Microsoft introduces its own chips for AI, with eye on cost

Microsoft on Wednesday announced a duo of custom-designed computing chips, joining other big tech firms that - faced with the high cost of delivering artificial intelligence services - are bringing key technologies in-house.

ABS-CBN Corp, like erstwhile rival GMA Network, trace wider 9-month net loss to lack of pol ads

ABS-CBN Corp. on Wednesday posted a loss 78 percent wider in the first nine months this year that its executives attributed to the absence of political advertising. Erstwhile rival GMA Network similarly referenced the same for its own financial performance during the period.

World’s best tapped in Ph-Singapore data center construction

STT GDC Philippines has tapped First Balfour - Leighton Asia Joint Venture (FBLJV) as general contractor of the data center planned in Fairview, Quezon City also touted as the country's largest. 

PAL, SIA in new codeshare pact

The Philippine Airlines (PAL) is in a new codeshare agreement with Singapore Airlines (SIA) which has the effect of enhancing the flight options of travelers of both countries. The pact affects domestic and international destinations via their respective hubs. 

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