Aboitiz InfraCapital Inc. (AIC) is bracing for potential headwinds to its airport business if tensions in the Middle East drag on and keep fuel prices elevated, a scenario that could begin to bite as early as June.
En Tsumugi ELV Dismantler Corp., the Philippines’ Toyota-endorsed end-of-life vehicle (ELV) facility, is ramping up its ability to handle electrified vehicles (xEVs) after completing specialized training in high-voltage battery dismantling.
The Bases Conversion and Development Authority (BCDA) has advanced plans to expand Clark International Airport with the award of a detailed engineering design contract for a second runway, marking a key milestone in the project’s development pipeline.
The Maritime Industry Authority (MARINA) has approved a three-month extension for expired or soon-to-expire documents of Filipino seafarers who cannot disembark due to the ongoing security crisis in the Middle East.