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.
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.
Escalating conflict between the US and Iran has jolted global markets anew, driving crude prices toward seven-month highs of USD 67 per barrel and sharpening risks for oil-importing economies like the Philippines. For the peso, the spike is a familiar stress test: higher energy costs threaten to widen the trade deficit and reignite inflation pressures just as stability seemed within reach.
The Securities and Exchange Commission (SEC) will lift its three-year moratorium on new online lending platforms starting April 1, signaling a major policy shift aimed at expanding competition while tightening oversight of the fast-growing digital lending sector.
The Department of Migrant Workers (DMW) has partnered with the Global Anti-Scam Alliance (GASA) to protect overseas Filipino workers (OFWs) and their families from the growing threat of online scams.