Recent Posts

Air cargo off to a good start in 2018

Following strong demand for manufacturing exports, with companies striving to deliver goods faster, global air freight demand, measured in freight tonne kilometers (FTKs), rose eight percent in January 2018 compared to the year-earlier period.

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A near-perfect way to spend summer

By Lito Cinco You got it right. J Park Island Resort & Water Park, a nine-hectare and still expanding theme park in Mactan, Cebu is indeed the near perfect place to stay a day or two, or a long weekend this summer, that is, if one has the extra cash to spend as the rates both for the room and …

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ICTSI volume reaches 9.2M TEUs, revenues hit $1.244B

International Container Terminal Services, Inc. (ICTSI) reported audited consolidated financial results for the year ended 31 December 2017, posting revenue from port operations of US$1.244 billion, 10 percent higher compared to US$1.128 billion in 2016; Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) of US$578.0 million, 10 percent better than the US$525.1 million generated the previous year; and net income …

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Samar tourism back on track after Yolanda onslaught

By Lito Cinco Years after the onslaught of Super Typhoon Yolanda that killed thousands and damaged properties, Samar Governor Sharee Ann Tan said she believes the province is back on track with at least a 50-percent increase in the number of its tourist arrivals.

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DOT sees Mindanao assuming bigger Philippine tourism role

Despite the challenges Mindanao suffered in terms of tourism promotion in the past few years, Department of Tourism (DOT) officials believe it is time to begin important projects in the region to shift tourists’ attention to the country’s unspoiled islands in the south.

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