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Grab Phils reveals ‘forces’ wanting it to fail

Grab Philippines said it would continue fighting “external forces” wanting to see it fail.

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PAL expects to be more cost-efficient on long-haul flights

Philippine Airlines (PAL), which had been reporting losses on its New York route, expects cost efficiency to improve on long-haul flights after it switches to the fuel-efficient Airbus A350-900 starting October, its chief executive said. The new airplane will allow it to fly non-stop on long routes, a feature business travelers favor. PAL currently uses Boeing 777 to fly to …

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DOE promotes use of e-trikes

The Department of Energy is donating 900 electric tricycles to the local governments of Pateros, Las Piñas, Muntinlupa and Valenzuela, as part of its campaign to promote the use of e-trikes.

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Governments urged not to privatizate airports

About 14% of airports around the world, which handles 40% of global traffic, have been privatized.

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Grab’s 2017 net loss drops to P2.9Billion

Grab Philippines reported a total comprehensive loss of P2.91 billion in 2017, worse than the P1.56 billion comprehensive loss it incurred the previous year.

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DPWH reviews SMC proposal extending TPLEX

The Department of Public Works and Highways (DPWH) is evaluating the P24 billion proposal of San Miguel Corp. (SMC) to extend the Tarlac-Pangasinan-La Union Expressway (TPLEX) by 54-kilometers from Rosario to San Juan, La Union.

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Uber plans Paris flying-car lab

Uber Technologies, Inc. will open its first research and development center outside of the US, a lab in Paris focused on flying cars.

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Cavite barge terminal to be launched by June

The country’s first barge terminal, the Cavite Gateway Terminal Phase 1 Project in Tanza, Cavite is now 90% complete and will be launched before the end of June to partly decongest Metro Manila trucking traffic.

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PAL plans to stop unprofitable routes

Philippine Airlines said it would suspend flying on unprofitable routes to mitigate the impact of rising jet fuel prices.

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Boracay closure to cost CebuPac up to P1-B

The shutdown of tourist hotspot Boracay Island is seen to translate to P500 million to P1 billion in foregone revenues for budget carrier Cebu Pacific.

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