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Taiheyo Cement targets Luzon market — DTI

Japanese cement manufacturer Taiheyo Cement, which manufacturing operation has long been situated in Cebu since 2000, is constructing a new distribution terminal in Calaca,...

MCIA, Supercat, Mactan Wharf provide seamless air to sea connectivity

Logistics providers in Cebu have signed a memorandum of agreement (MOA) to provide seamless air to sea travel from Cebu to the Visayas islands. Mactan...

Global port operator ICTSI 2024 net income surges 66% to US$849.80 M in 2024

Global port operator International Container Terminal Services, Inc. (ICTSI), which is based in Manila, reported that its net income in 2024 surged to US$849.80...

Inflation rate dramatically slows down in February, provides relief to lower-income households

The growth in price increases of goods and services, known as inflation, in the country dramatically slowed down to 2.1% in February from 2.9%...

DMCI, Nickel Asia sign MOU to study nickel processing operation

Emerging nickel producer DMCI Mining Corporation (“DMCI Mining”) and listed natural resources development firm Nickel Asia Corporation (“NAC”) signed a Memorandum of Understanding (MOU)...

BlackRock-TiL to acquire major global port portfolio from CK Hutchison in $22.8-B deal

A consortium comprising BlackRock and Terminal Investment Limited (TiL) has reached an agreement in principle with CK Hutchison to acquire a significant portion of...

Russia keen to supply construction equipment to Philippines at better deals

Russia’s construction equipment manufacturers are closely moving to provide an alternative sourcing solution for the Philippines, stating Russian manufacturers can offer better deals for...

IndiGo and Ryanair lead February 2025 growth in global airline capacity

IndiGo and Ryanair, the two largest low-cost carriers (LCCs), are driving double-digit growth in the Top 20 airlines for February 2025, compared to the...

4 local logistics firms join competitive bidding for deployment of election materials, equipment – Comelec

At least four local logistics companies have entered a competitive bidding process to handle the distribution of election materials, according to the Commission on...

Semirara suffers 30% decline in earnings in 2024

Integrated energy company Semirara Mining and Power Corporation (SMPC) posted P19.6 billion in full year 2024 earnings, a 30-percent decline from P27.9 billion in...

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