Cruise ship arrivals seen bringing 329,000 visitors this year

CRUISE arrivals in the Philippines have been unaffected by the six-month closure of Boracay Island, a major day-tour destination for passengers. In an interview with...

DOE to lure Japan investors to LNG project

PHILIPPINE energy officials will attempt to lure in more natural gas companies in Japan to invest in the country’s liquefied natural gas (LNG) hub...

Grab allots P100 million monthly to subsidize its drivers

GIVEN that its drivers are making less than what is deemed as “decent” wage, ride-hailing app Grab Philippines is set to flex its financial...

DOLE investigating Pepsi, Jollibee for retrenchment of workers

THE Department of Labor and Employment (DOLE) said it is investigating beverage giant Pepsi-Cola Products Philippines for its alleged violation of labor laws after...

CLI signs deal with Ascott to manage Bacolod property

CEBU Landmasters Inc. (CLI) on Tuesday said it signed an agreement with The Ascott Ltd. for the management of Citadines Bacolod, the first hotel in the...

NGCP: Grid operations plans thwarted power-outage incidents this summer

THE National Grid Corp. of the Philippines (NGCP) said on Tuesday its grid operations and maintenance plan helped thwart power-outage incidents during summer months even when...

PPA allots P158 million to reclaim land in Palawan

CORON, Palawan—The Philippine Ports Authority (PPA) is spending P158 million to reclaim a portion of land in the port area to further expand the...

PAL begins flying A330 nonstop to New Zealand

FOUR-STAR Philippine Airlines (PAL) started utilizing its luxurious tri-class Airbus A330-343 on June 18, on its nonstop flights from Manila to Auckland, offering passengers the fastest and most...

Metropac Movers pours P9.2 billion to develop Cavite property

LOGISTICS company Metropac Movers Inc. (MMI) is spending roughly P9.2 billion to develop a property in General Trias, Cavite, and expand its operations. The property,...

SSI Group sees ‘buoyant sales’ with growing tourism, weaker peso

LISTED firm SSI Group Inc., a leading specialty retailer in the Philippines, sees continued strong revenues with the weaker peso and the rising number...

EWC’s LNG plant in Quezon operational by year-end

THE first unit of Energy World Corp.’s (EWC) liquefied natural gas (LNG) terminal in Pagbilao, Quezon, would be ready by the end of this year. “Hopefully,...

Wilcon to accelerate growth to keep pace with PHL economy

WILCON Depot Inc., the company that operates big box home improvement and construction supplies, said it will accelerate its expansion by at least a...

FB ties up with OWWA for digital literacy, entrepreneurial development of...

FACEBOOK Philippines and the Overseas Workers Welfare Administration (OWWA) have tied up to hone the digital literacy and entrepreneurship skills of overseas Filipino workers...

LRMC:  Phase 1 of LRT 1 Cavite Extension only 95% complete

TRAIN operator Light Rail Manila Corp. (LRMC) has yet to receive a single portion of the right-of-way (ROW) for the construction of the Cavite...

Holcim PHL launches new building solutions

HOLCIM Philippines Inc. unveiled a complete range of products and services in support of robust construction activities nationwide in line with the “Build, Build,...

CA affirms Marina ban of Sulpicio Lines from transporting passengers

THE Court of Appeals (CA) has denied the plea of Sulpicio Lines Inc. (SLI) to reverse the ruling issued by the Maritime Industry Authority...

Infracorp may hire different operator for Skytrain project

BUSINESSMAN Andrew Tan’s infrastructure development arm Infracorp Development Inc. may get a partner for the operation and maintenance of its Skytrain project, a 2-kilometer...

Tanduay hopes to break into European market by 2021

TANDUAY Distillers Inc., the liquor firm of tycoon Lucio Tan, said it might sell its iconic rum brand in Europe in three to five...

PLDT eyes P200-million interconnection losses 

By Lorenz S. Marasigan & Sharmaine O. Paden DIGITAL services provider PLDT Inc. stands to lose roughly P200 million in revenues due to the proposed...

DICT chief sees 3rd telco player to have ‘huge advantage’ over...

THE future third player in the telco market will have some advantage over incumbents should it decide to do away with putting up 2G...