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PITX losses persist as office space vacancies stay high; Megawide eyes new revenue streams

Megawide Construction Corp. is exploring new revenue streams for the Parañaque Integrated Terminal Exchange (PITX) as the country’s first and largest landport continues to...

MARINA, PCG strengthen digital monitoring of cadet shipboard training 

The Maritime Industry Authority (MARINA) and the Philippine Coast Guard (PCG) signed a landmark agreement to strengthen oversight of cadet onboard training through a...

3 foreign SAF producers eye USD508 M worth of projects in PH

The Board of Investments (BOI) has identified three foreign-owned sustainable aviation fuel (SAF) early movers with a combined investment value of USD508 million, as...

AIIB approves $300M-loan for ICTSI port expansion in PH

Asian Infrastructure Investment Bank (AIIB), a multilateral development bank dedicated to financing "Infrastructure for Tomorrow," will lend USD300 million to International Container Terminal Services...

MARINA rolls out service contracting program for 12 short sea routes

The Maritime Industry Authority (MARINA) will implement its service contracting program, or the Lakbay Alalay ng Gobyerno (LAYAG) Program, initially to 12 sea routes...

Logistics, transport operations account for bulk of industrial property demand – report

The industrial property sector continued to grow in the first quarter of 2026, with transportation and logistics operations accounting for as much as 48...

Foxconn among 20-plus firms interested in Clark AI Innovation Hub under Pax Silica

More than 20 companies, including the world’s largest electronics manufacturer, Foxconn, have expressed interest in investing in the proposed 4,000-hectare AI Innovation Hub in...

Chelsea Group hits record PHP9.016 B revenue in 2025; EBITDA surges 55%

Chelsea Logistics and Infrastructure Holdings Corp. announced a record-breaking PHP9.016 billion in revenue for 2025, a 13 percent year-on-year increase. In a disclosure to the...

Germany considering participation in Luzon Economic Corridor partnership

Germany is considering joining the Luzon Economic Corridor (LEC) partnership, which now includes 10 countries, among them five European Union members. “We are still considering,”...

Lorenzo Shipping stops active shipping operation to focus on asset leasing   

Lorenzo Shipping Corp. (LSC), one of the country’s leading liner shipping companies, said it will cease active shipping operations and instead lease its assets...

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