State-owned Development Bank of the Philippines (DBP) seeks to expand its presence in the retail banking segment by targeting one million new depositors in the next five years, DBP President and Chief Executive Officer Cecilia Borromeo said.

The Bangko Sentral ng Pilipinas (BSP) is confident of within-target inflation in the near term after the December 2017 inflation was steady at 3.3 percent, bringing the average rate this year to 3.2 percent.

Four new destinations – Bacolod, Tagbilaran, Cagayan de Oro and Virac – will be added to the Philippine Airlines (PAL) route network this mid-December out of the airline’s hub at Clark International Airport in Pampanga.

Tourism Secretary Wanda Corazon Teo met with a Chinese group planning to operate chartered flights from Nanning City in China to the Philippines.

NEW YORK: Delta Air Lines announced December 14 it ordered 100 Airbus planes with an option to buy 100 more, in a blow to Airbus’ American rival Boeing.

A venture between Megawide Construction Corp. and GMR Infrastructure is the front-runner in a public bidding to construct a new passenger terminal at Clark International Airport.

A month before new excise car taxes are slapped, car and truck manufacturers reported reaching one of their highest growth in sales this year.

NAIA-X – the extension of the Skyway to the airport terminals, Cavitex, and Entertainment City – should go all the way to the Bonifacio Global City to maximize its potential for faster travel.

By Riza Lozada Cement manufacturers were urged to take the initiative in going green and undertaking sustainable operations.

Motukea-impacted landowner community groups in Papua New Guinea (PNG) have signed a landmark agreement with International Container Terminal Services, Inc. (ICTSI), through its subsidiary, to establish a collaborative framework needed for the joint port project to move forward.