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The anticipated initial public offering (IPO) of GCash looks promising as its valuation doubled to $5 billion with new funds from Ayala Corp. and Japan’s largest bank MUFG Bank Ltd. Globe Telecom, parent firm of GCash operator…
Wealthy Filipinos are expected to buy new or bigger private jets due to increased business travel to Singapore and North America, according to Dassault Aviation. Carlos Brana, Dassault’s executive vice president for civil aircraft, noted that private…
As more Filipinos try Starlink, the satellite service still lags behind local broadband providers in download and upload speeds, according to a study by Ookla. Their latest Speedtest Intelligence report shows Starlink’s median download speed in the…
Plane fares are expected to become cheaper next month after the Civil Aeronautics Board (CAB) brought down the fuel surcharge for the first time since February. In its latest advisory, CAB announced that the fuel surcharge for…
MANILA, Philippines —The Asia Pacific aviation sector, including the Philippines, had a robust beginning to the year with sustained momentum in air travel demand, the International Air Transport Association (IATA) said. According to the latest data from…
MANILA, Philippines — The government plans to build 200 new seaports by 2028, costing a total of P12.5 billion. These ports aim to connect remote islands, boost their economies, and enhance disaster resilience. According to Transportation Undersecretary Elmer…
SMC SAP & Co. Consortium will pay the government P30 billion upfront when signing the P170.6 billion Ninoy Aquino International Airport (Naia) rehabilitation contract at Malacañang Palace on Monday, March 18. This payment is a portion of…
Passengers will soon pay higher prices for plane tickets as the fuel surcharge is set to increase next month. The Civil Aeronautics Board (CAB) recently announced in an advisory that the fuel surcharge will rise from Level…
As early as next year, passengers using Ninoy Aquino International Airport (Naia) could expect improved management of the congested international gateway as a consortium led by San Miguel Corp. (SMC) takes over its operations and maintenance, according…
MANILA, Philippines —Investors are waiting for GCash to join the local exchange. However, its parent company said that they are still reviewing the market before deciding to launch an initial public offering (IPO). The company had initially planned…
MANILA —Cybersecurity company Fortinet has cautioned Philippine businesses about a potential rise in ransomware and phishing incidents this year. They emphasize that hackers are persistently launching digital attacks to disrupt operations for financial motives. According to a…
MANILA, Philippines – Marc Aldrin Bernardino will soon be singing the words to the fan favorite “All Too Well” along with fellow Swifties when he attends Grammy-winning pop icon Taylor Swift’s “The Eras Tour” concert at National…
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