PAL Holdings president Lucio “Bong” Tan, Jr. dies

PAL Holdings, Inc. president Lucio Tan, Jr. passed away on the morning of November 11 due to brain herniation. Tan, Jr., 53, was hospitalized…

DSV Panalpina’s CFO turns 50

Jens Lund joined DSV as Group CFO in 2002 – at the age of 32. In 2000, he was working for Carnegie Investment Bank…

BOC seizes shabu worth P40.8M at NAIA

The Bureau of Customs (BOC) has apprehended a passenger at Ninoy Aquino International Airport (NAIA) for attempting to smuggle into the country six kilograms…

Revised list of Build Build Build projects approved

The Investment Coordination Committee-Cabinet Committee (ICC-CC) and the Committee on Infrastructure (INFRACOM) Cabinet Level have jointly approved the revised list of 100 flagship infrastructure…

PH economic growth quickens to 6.2% in Q3

The Philippine economy grew 6.2% in the third quarter of 2019, with the services sector growing the fastest, according to the Philippine Statistics Authority…

ICTSI Oregon awarded $93.6M for union’s illegal strike

A US federal jury awarded damages to ICTSI Oregon totaling US$93.6 million in a case against the International Longshore and Warehouse Union (ILWU) and…

FedEx to expand Clark operations but keep Aspac hub in China

Global logistics operator Federal Express Corp. (FedEx) said it will expand its operations to Clark in Pampanga but clarified it has no plans of…

PH exports, imports fall in Sept

Philippine merchandise trade hit its sixth consecutive month of decline in September 2019 as both imports and exports recorded decreases during the period, data…

DMCI bags P8B NLEX connector road contract

NLEX Corporation has formally awarded the contract for the first five kilometers (km) of the NLEX Connector road project to construction company D.M. Consunji,…

CALAX’s Laguna stretch partially opened to motorists

The Laguna segment of Cavite-Laguna Expressway (CALAX) covering Mamplasan Barrier going to Santa Rosa-Tagaytay Interchange was partially opened to the public last October 30.…

PH Sept manufacturing output down 10 months in a row

The Philippine manufacturing sector recorded decreases in both volume and value in September 2019, its 10th successive month of decline, according to the Philippine…

BOC breaks ground on P23M temporary Manila office

The Bureau of Customs (BOC) broke ground last month on the Manila collection district’s temporary office at the Port of Manila (POM). The new…

LBC buys Japanese balikbayan box shipping company

Logistics and remittance service provider LBC Express Holdings, Inc. has acquired 100% of shares in Japanese balikbayan box shipping operator Mermaid Co., Ltd. for…

Cebu Pacific signs $4.8B contract for 16 planes

Cebu Pacific has signed a purchase agreement with European aircraft maker Airbus SAS for the order of 16 A330neo aircraft valued at US$4.8 billion.…

BOC launches parcel, balikbayan box online monitoring system

In time for the expected rush in holiday shipments of overseas Filipino workers (OFWs), the Bureau of Customs (BOC) officially rolled out on October…

Misdeclared steel bars seized at Port of Manila

The Bureau of Customs (BOC) has seized two containers of misdeclared stainless steel angle bars from China at the Port of Manila (POM). BOC…

Ombudsman clears two ex-PPA officials of graft charges

The Office of the Ombudsman has dismissed the graft cases against former Philippine Ports Authority (PPA) general manager Atty. Juan C. Sta. Ana and…

87 new graduates join Bureau of Customs police force

The Bureau of Customs (BOC) will soon deploy 87 new customs police officers who have recently graduated from training. The new customs policemen who…

Sangley Airport starts 7-day trial run before formal launch

Sangley Airport in Cavite began its dry run on October 29 and is expected to go into full operations seven days after. “I will…

Santa Maria quits as chief of PAL Holdings, stays on at PAL Inc

Gilbert Santa Maria has resigned as president and director of PAL Holdings, Inc., the holding company of airline PAL Inc, just three months after…