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First Gen to acquire 40% interest for PHP75 B in Prime Infra’s pumped storage hydropower portfolio

Lopez-led First Gen Corporation is acquiring a 40 percent equity interest in Prime Infrastructure Capital Inc.'s pumped storage hydropower (PSH) portfolio for a transaction...

Manila Subways starts construction in BGC, PBBM leads groundbreaking 

Construction works for the Metro Manila Subway Project's (MMSP) Taguig City segments have commenced on Friday as President Ferdinand Marcos Jr. broke ground two...

Victory Liner boosts cargo bus capacity for MSMEs

Victory Liner Inc., the country’s leading passenger bus transportation company, said it continues to expand its logistics footprint by adding more “Drop & Go”...

PPA GM denies reefer yard congestion

Philippine Ports Authority (PPA) General Manager Jay Santiago on Thursday denied reports of reefer yard congestion at the Manila ports, saying current utilization rates...

PH set for sustained growth through pro-competition reforms and climate action – OECD

After fifteen years as one of the world’s fastest-growing economies, the Philippines is poised to maintain its upward trajectory by implementing ambitious structural reforms,...

Shipping lines cry foul over port ‘congestion’ blame

Shipping lines have pushed back against claims that they are the primary cause of port congestion, emphasizing that they merely serve as carriers in...

DTI strengthens supply chain, creates Logistics Guild as exports expand

The Department of Trade and Industry (DTI) has strengthened supply chain network and created an advisory body to further support domestic enterprises amid the...

PH no longer prioritizing FTA deal with US

The Philippines is putting the proposed bilateral free trade agreement (FTA) with the United States on the back burner until a solid deal on...

FFCCCI, truckers say port congestion happening for past 11 years

Traders and truckers have raised serious concerns over the critical reefer yard utilization at the Port of Manila, noting that port congestion has persisted...

PH exports RoRo M/V Karkar to Papua New Guinea

The Maritime Industry M/V Karkar, a Filipino-built Roll-on/Roll-off (Ro-Ro) passenger vessel, is set for export to Papua New Guinea. The Maritime Industry Authority (MARINA) cited...

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