Tax incentives granted to the country’s two major airline companies will be revoked once the Department of Finance’s (DOF) proposed second tax reform package is passed into law.

As Central Luzon gears up to be the next real estate hotspot, more infrastructures are underway at the next big business hub.

The Metro Manila Development Authority said it would provide free rides for commuters if necessary as it cracked down on smoke-belching and ill-quipped public utility vehicles.

Vehicle manufacturers are “cautious” on sales projections this year as higher taxes on cars took effect, an industry group said January 12.

San Miguel Corp. (SMC) has started work on an expressway project that is seen to cut travel time between Taguig City and the Batasan Complex in Quezon City to only 35 minutes.

Metro Pacific Investments Corp. (MPIC) unit NLEX Corp. is allotting P19 billion in capital expenditures for tollway projects this year.

The global airline industry is experiencing “too much growth” and this would lead to difficult times ahead, a top official of Cebu Pacific warned.

LAS VEGAS: Self-driving buses aren’t new, but Toyota’s concept vehicle unveiled Monday aims to be more than just that — a mobile platform for e-commerce, ride-sharing and medical services, for a start.

By Riza Lozada The Philippine Stock Exchange Inc. (PSE) was named for the fourth time in the past five years as Best Stock Exchange in Southeast Asia by institutional investment magazine Alpha Southeast Asia.

International Container Terminal Services Inc. (ICTSI) and issuer Royal Capital B.V. successfully priced a $350 million offering of senior guaranteed perpetual capital securities, guaranteed by ICTSI and structured to constitute equity under International Financial Reporting Standards (IFRS).