Tag: DOTr

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Abusive Bohol LTO personnel get the ax, trigger policy review

Transport & Logistics Context.ph Context.ph -
In a swift response to an incident in Panglao, Bohol, Transportation Secretary Vince Dizon on Monday announced the dismissal of five Land Transportation Office (LTO) personnel involved in manhandling a rider on Friday.

MPIC rules out resubmitting MRT3 proposal due fare hike delays

Transport & Logistics Context.ph Context.ph -
Metro Pacific Investments Corp. (MPIC) has decided against resubmitting its unsolicited bid to rehabilitate, operate, and maintain the MRT3 system, citing the lack of government support for fare increases. MPIC chairman Manuel V. Pangilinan explained the absence of approved tariffs makes it unlikely for the business to move forward with the proposal, saying the current situation is “difficult.”
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Philippine seasonal crafts post gains at  Ambiente

Trade & Investments 0
Philippine seasonal crafts exporters booked stronger sales at Ambiente 2026 in Frankfurt, signaling resilience and rising demand in Europe’s sustainable-luxury segment despite mounting global trade pressures.

Four firms extend price freeze; DTI tightens oversight

Economy 0
Four major manufacturers have extended a voluntary price freeze on basic necessities and prime commodities (BNPCs) beyond the April 16 deadline, the Department of Trade and Industry (DTI) said Monday, reinforcing efforts to cushion consumers from rising production costs.

CREC profit rises 14% on refinancing gains

Corporate 0
Citicore Renewable Energy Corporation (CREC) posted a 14 percent increase in net income to P1.15 billion in 2025, driven by lower financing costs, rising service revenues, and steady electricity sales, highlighting improved profitability as the company expands its renewable portfolio.

BIR fast-tracks PNOC fuel imports amid crisis

Energy & Mining 0
The Bureau of Internal Revenue (BIR) has expedited the emergency importation of petroleum products by PNOC Exploration Corporation (PNOC-EC), issuing a special permit through its Large Taxpayers Service (LTS) to accelerate the transaction under a declared energy emergency.

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