Tag: Naia

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NNIC removes 27 abandoned aircraft in NAIA cleanup

The New NAIA Infrastructure Corp. (NNIC) is launching a long-overdue cleanup operation at Ninoy Aquino International Airport (NAIA), targeting 27 abandoned aircraft that have clogged the general aviation area for years.

DOTr terminates OTS staff over alleged ‘Tanim-Bala’ incident at NAIA

The Department of Transportation (DOTr) has dismissed three personnel from the Office of Transportation Security (OTS) over their alleged involvement in the "tanim-bala" or bullet-planting incident at the Ninoy Aquino International Airport (NAIA) on 6 March.

NAIA modernization set for 2025 with Collins Aerospace partnership

The New NAIA Infra Corp. (NNIC) has joined forces with Collins Aerospace to overhaul Ninoy Aquino International Airport (NAIA), aiming to create a world-class travel experience. The modernization, which will begin in May and culminate by September this year, includes advanced self-service kiosks, biometric screening, and real-time flight updates.
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Government to bid out NAIA management operations 

The government is preparing the terms of reference for the plan to bid out to the private sector the operations of the Ninoy Aquino International Airport, the main gateway to the Philippines.

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Foreign currency reserves stand at US$104 billion in May; remains strong buffer for economy

The country’s gross international reserves (GIR) reached US$104 billion as at end-May this year, according to preliminary figures from the Bangko Sentral ng Pilipinas (BSP). This reflects a slight drop from the previous month, caused mainly by the national government withdrawing funds from its foreign currency deposits with the central bank to pay off foreign debts, lower value of the BSP’s gold holdings due to falling global gold prices, and net foreign exchange transactions carried out by the central bank.

Auto industry seeks incentives beyond EV transition

The Philippine automotive industry is renewing its push for a performance-based incentive program similar to the discontinued Comprehensive Automotive Resurgence Strategy (CARS), arguing that both internal combustion engine (ICE) and electrified vehicle production will be necessary to sustain local manufacturing and meet evolving market demand.

SM Hotels assigns Siega to Cebu’s MICE giant

Janytte Siega is stepping into one of the most significant roles in the Philippine meetings and events industry as SM Hotels and Conventions Corp. (SMHCC) taps the seasoned hospitality executive to lead SMX Convention Center Seaside Cebu ahead of its scheduled opening in November 2026.

Philippines, Japan expand food security pact to cover fisheries 

The Philippines and Japan have broadened their agricultural cooperation to include fisheries, upgrading a 2023 agreement through an enhanced Memorandum of Cooperation (MOC) signed during President Ferdinand R. Marcos Jr.’s state visit to Japan. Signed by Agriculture Secretary Francisco P. Tiu Laurel Jr. and Japanese Agriculture Minister Norikazu Suzuki, the expanded pact aims to speed up technology transfer, modernize both sectors, and strengthen food security amid climate risks, higher production costs, and rising food demand.

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