Budget carrier AirAsia Philippines is beefing up its route network with the addition of Tokyo as its 10th active international destination and the transfer of some of its flights to Terminal 3 of the Ninoy Aquino International Airport (Naia). The airline will start flying between Manila and Tokyo (Narita) on…
The local government of Silang, Cavite has pitched in its support to address the right-of-way (ROW) issues that have delayed the completion of the Cavite-Laguna Expressway (Calax) for two and a half years. Silang Mayor Kevin Anarna said the local government unit (LGU) will meet with the Department of Public…
President Ferdinand R. Marcos Jr. expressed concern over the decision of the Court of Appeals (CA) to suspend the implementation of South Premiere Power Corp.’s (SPPC) power supply agreement (PSA) with the Manila Electric Co. (Meralco), as this could cause “dislocations” and power rate hikes. In a statement issued last…
Global-Estate Resorts Inc. (GERI), a unit of Megaworld Corp., said it expects some P1.3 billion in sales from the first phase of luxury residential village in Trece Martires, Cavite. GERI said it is launching the 41.8-hectare Prana Garden Villas, which will rise inside the 340-hectare Sherwood Hills and will offer…
Last week Share prices moved up for the sixth straight last week on investor optimism on the prospects for the local currency and the expected slowdown in interest rate hikes. The benchmark Philippine Stock Exchange index gained 169.56 points to close at 6,606.94 points. The index retreated on Monday, but…