Tag: Naia

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NNIC removes 27 abandoned aircraft in NAIA cleanup

Transport & Logistics Context.ph Context.ph -
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

Transport & Logistics Context.ph Context.ph -
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

Transport & Logistics Context.ph Context.ph -
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 

Top News Context.ph Context.ph -
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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PNB declares ₱1.10 special dividend on top of 20% regular dividend payout

Banking & Insurance 0
The Philippine National Bank (PNB) announced Friday that its board of directors has approved the declaration of a special cash dividend of ₱1.10 per common share, representing approximately 7% percent of its 2025 net income.

Banks to build releasable capital buffer for crisis lending 

Banking & Insurance 0
The Bangko Sentral ng Pilipinas (BSP) has approved a new rule (Circular No. 1235) establishing the Positive Neutral Countercyclical Capital Buffer (PN-CCyB), a mechanism designed to support steady lending even during economic stress.

LRTA launches free parking at LRT-2 Legarda Station to cut costs, ease traffic

Transport & Logistics 0
The Light Rail Transit Authority (LRTA) has introduced free parking services at LRT-2 Legarda Station starting May 25, Monday. This move comes as oil prices continue to rise, aiming to persuade private vehicle owners to shift to public transport, bringing clear economic benefits to commuters and the wider community.

President Marcos expands pork imports amid supply shortages  

Agriculture 0
Ferdinand Marcos Jr. has signed Executive Order No. 116, increasing the minimum access volume (MAV) for pork imports by 150,000 metric tons to help ease supply shortages and stabilize prices amid the lingering impact of African Swine Fever.

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