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MCIA steps up preparations for ASEAN Summit in Cebu

The Mactan-Cebu International Airport is stepping up preparations for the upcoming ASEAN Summit set to take place in Cebu this May.

DOTr fast-tracks land acquisition for major rail projects

The Department of Transportation (DOTr) is speeding up land acquisition for two major rail projects: the North–South Commuter Railway (NSCR) and the Metro Manila Subway Project (MMSP).

BSP raises interest rates again as inflation risks rise

The Bangko Sentral ng Pilipinas (BSP) has raised its key interest rate by 0.25 percentage points to 4.5%, along with increases in its lending and deposit rates. The move is aimed at slowing the rise in prices.

E-TRACC exemption cuts costs, speeds export shipments

The Philippine Economic Zone Authority (PEZA) welcomed a recent policy shift by the Bureau of Customs (BOC) exempting qualified exporters from the Electronic Tracking of Containerized Cargo (E-TRACC) system, saying the move will reduce costs and streamline cargo flows.

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