Tag: cold chain storage industry

Mitsubishi Corp.‘X planned USD700-million investment in Ayala Corp. could help accelerate infrastructure, energy, logistics and digital projects under the Luzon Economic Corridor (LEC), deepening Japanese participation in the Philippines’ industrial development while raising expectations for stronger private-sector investment.

Cebu Pacific (CEB) has officially welcomed its 15th Airbus A330neo aircraft, cementing its standing as the largest operator of this aircraft type across Asia and bringing another modern, fuel-efficient plane into its growing fleet.

Improvements at the LRT-1 PITX Station are now fully in place, with the Light Rail Manila Corp. (LRMC) confirming all upgrades fully implemented as scheduled by the end of the fourth quarter this year.

The Philippines is turning to the Asian Development Bank for a proposed $875.64-million loan to fund the second phase of the Improving Growth Corridors in Mindanao Road Project, focused on boosting road connectivity across the region.