The government may have found a new pet project, one in the aviation sector whose strength and number the Department of Transportation (DOTr) seeks to fortify for the long haul.
The Department of Transportation (DOTr) on Wednesday ruled out adversely impacting tourism flows as a consequence of adjustments in terminal fee attracting so much flak from travelers, stakeholders and observers alike.
China as convenor of the Asian Infrastructure Investment Bank (AIIB) assures the Philippines of access to grants for the country's infrastructure projects.
The Ayala Group that owns Globe Telecom has advanced the idea for the government to help pay for the cost of connectivity across the archipelago by a subsidy program allowing the telecommunications players to beef up their presence even in so-called geographically isolated and disadvantaged areas or GIDAs.
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 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.
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.
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.