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BOC exceeds revenue collection target in April

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The Bureau of Customs has again exceeded its revenue collection target, generating P68.274 billion for April 2023, compared to its target of P68.199 billion. This...

BSP, JICA make it easy for MSMEs to access credit

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 The Bangko Sentral ng Pilipinas (BSP) and the Japan International Cooperation Agency (JICA) have made it easy for financial institutions to assess the creditworthiness...

Online sellers generate sales of P3 billion a month

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The Philippine E-Commerce Association of the Philippines (PECA) projects sustaining its growth this year as more Filipinos turn to online shopping.  Jere Von Basa, PECA...

Dozens of flights cancelled on Labor Day as NAIA Terminal 3 suffers power outage

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Dozens of flights were cancelled and several more delayed on Labor Day as a power outage disrupted operations at the Ninoy Aquino International Airport...

Strong policy support crucial to boost air transport capacity to meet growing demand—study

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New research has underscored the urgent need for policy support to improve the Philippine air transport infrastructure, noting the sector’s serious limitations to meet...
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Aznar Shipping files IPO to fund expansion

Corporate 0
Cebu-based Aznar Shipping Corp. has filed with the Securities and Exchange Commission (SEC) to raise as much as P670 million through an initial public offering (IPO), as the regional operator seeks capital to expand its fleet and supporting infrastructure across the Visayas.

President Marcos secures $75M India pledges targeting rural health, digital rails

Trade & Investments 0
President Ferdinand Marcos Jr. locked in strategic expansion commitments from Indian conglomerates, anchoring a diplomatic push with USD75 million in immediate investments from iSON Group projected to generate 2,000 local jobs.

DOTr rolls out monthly financial aid to PUV operators

Transport & Logistics 0
Starting this September, the Department of Transportation (DOTr) is providing targeted financial assistance to transport cooperatives and corporations struggling with monthly loan payments, to keep modern public utility vehicles (PUVs) running and protect workers’ livelihoods.

New 8-car EMU trainset delivered for North-South Commuter Railway

Transport & Logistics 0
The Department of Transportation (DOTr) announced the arrival of a new eight-car electric multiple unit (EMU) trainset built for the Malolos-Tutuban segment of the North-South Commuter Railway (NSCR). This marks the fourth trainset secured for the project.

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