Metro Pacific eyes P1-B Cebu toll bridge expansion

Tyrone Jasper Piad 09/19/2022

Tycoon Manuel Pangilinan-led Metro Pacific Tollways Corp. (MPTC) is looking to extend the 8.9-kilometer Cebu-Cordova Link Expressway (CCLEx) to Barangay Guadalupe in Cebu City via a P1-billion ramp project, in a bid to increase usage of the…

Aboitiz buys into Mactan airport

Tyrone Jasper Piad 09/03/2022

Aboitiz InfraCapital will take full control of Mactan Cebu International Airport (MCIA) in 2024 following the current operator’s decision to leave and explore other opportunities in the infrastructure space. Megawide Construction Corp. and GMR Airports International BV…

Holiday travel seen to boost PAL’s H2 business

Tyrone Jasper Piad 08/24/2022

Flag carrier Philippine Airlines (PAL) is hoping to maintain its momentum in the second half with the anticipated surge in passenger traffic during the holiday season. PAL president Stanley Ng said they have observed a good volume…

Airfares continue to go up

Tyrone Jasper Piad 07/20/2022

Passengers will be paying more to travel by air next month with the higher fuel surcharges allowed to be collected by the airlines to cover the cost of elevated oil prices. The Civil Aeronautics Board (CAB) recently…

New undersea fiber optic cable to boost PLDT capacity

Tyrone Jasper Piad 06/27/2022

Manuel Pangilinan-led PLDT Inc. is set to activate next month its 14,000-kilometer submarine fiber optic cable system, which is seen to support its data center capacity. The US-Transpacific Jupiter cable system will increase the fully integrated telecommunication…

Truckers seek extra pay to cover rising fuel costs

Tyrone Jasper Piad 06/25/2022

Truckers have asked their clients to pay an additional fixed cost of P5,000 per trip on top of the base rates to cover increasing fuel expenses. Some operators have already temporarily halted their business as revenues had…

Airfares next to go sky high

Tyrone Jasper Piad 06/25/2022

Travelers will be paying higher airfares starting July 1 as surging fuel prices continue to raise the operating costs of many industries, from manufacturing to transportation. The Civil Aeronautics Board (CAB) on Wednesday issued a resolution raising…

Grab seeks P20 hike in base fare

Tyrone Jasper Piad 06/19/2022

MANILA, Philippines — Grab Philippines is asking for a P20 hike in base fare to provide its partner drivers a much-needed relief from the series of fuel price increases, which have slashed their earnings and to encourage…

Local airlines spreading their wings more as pandemic wanes

Tyrone Jasper Piad 06/15/2022

Local airlines have been ramping up flights to other countries to address increasing demand for air mobility as international travel returns. Philippine Airlines (PAL) will resume its Manila-Bali, Indonesia route by July 1, flying thrice weekly. The…

ABS-CBN ‘exploring various partnership opportunities’

Tyrone Jasper Piad 06/07/2022

ABS-CBN Corp. said that it was open to looking into various opportunities as it navigates the industry sans a free television franchise after a report was published over the weekend that it would enter into a 50-50…

AirAsia adds more domestic flights as demand surges

Tyrone Jasper Piad 03/19/2022

Beginning April 1, AirAsia Philippines is adding more weekly flights to the country’s top tourist destinations, including Boracay, Puerto Princesa and Cebu, after seeing a recent surge in bookings. The low-cost airline, in a statement on Friday,…

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