President Ferdinand R. Marcos, Jr. said fuel subsidies should be allocated to those who are most vulnerable to an imminent spike in oil prices due to the escalating Middle East conflict. “We are starting already with the assumption that oil prices will in fact go up, and I cannot see how [they] will not because the Strait of Hormuz will …
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DOTr pushing for Quezon Avenue-España busway
The Department of Transportation (DOTr) plans to install a bus lane along Quezon Avenue and España, for the benefit of students and other commuters. Transportation Secretary Vince Dizon, during a forum hosted by the Economic Journalists Association of the Philippines (EJAP), said they were undertaking a feasibility study for the 15-kilometer busway. “The most viable and the most needed is …
Read More »DOTr programs privatization of 10 airports
The Department of Transportation (DOTr) plans to privatize the operations and maintenance of 10 more regional airports by 2028 to improve connectivity across the archipelago. DOTr Secretary Vince Dizon identified these airports as Iloilo, Davao, Siargao, Laoag, Busuanga, Bicol, Tacloban, Bacolod-Silay, General Santos and Puerto Princesa. Dizon committed to Pres. Marcos the privatization of these airports using the public-private partnership …
Read More »LRT-1 to add another station at Cavite Extension
The Light Rail Transit Line 1 will add another station to its Cavite Extension, costing P3 billion to be built in an area where commercial developments are starting to boom. Transportation Secretary Vince Dizon announced the expansion of the third segment of the LRT-1 Cavite Extension, putting up another stop in the growing district of Bacoor, Cavite, to be called …
Read More »NAIA Terminal 5 to lead to airline reassignments
The New NAIA Infra Corp. (NNIC) will again reorganize the terminal assignments of foreign and domestic airlines after Terminal 5 of the Ninoy Aquino International Airport (NAIA) is completed to improve efficiency. Manila International Airport Authority (MIAA) General Manager Eric Ines said the private operator of the country’s main gateway has committed to expand the airport to be able to …
Read More »Airbus touts plane orders, Boeing focuses on crash
LE BOURGET, France – European airplane manufacturer Airbus announced Saudi and Polish orders for more than 100 aircraft at the Paris Air Show while US rival Boeing focused on “supporting customers” after the Air India crash. The sales rivalry between Boeing and Airbus usually drives the headlines as the world’s top civilian plane makers announce many of their biggest orders …
Read More »DBM releases P1.3-B for e-gates for border control
The Department of Budget and Management (DBM) recently released ₱1.3 billion for the implementation of the Electronic Gates (E-gates) Project at major airports and seaports across the country. “The DBM released the budget allocation for the E-gates Project for 2025, amounting to ₱1.347 billion,” according to statement from Budget Secretary Amenah F. Pangandaman. The project “modernizes and digitizes the primary …
Read More »SMC eyes NAIA, tollway projects to boost revenues
San Miguel Corporation expects its growth projections for the first quarter of 2025 to be sustained by new revenue streams. During the firm’s annual stockholders’ meeting, SMC Chairman and CEO Ramon S. Ang said the conglomerate’s performance will improve due to additional revenues generated from SMC’s operations at the Ninoy Aquino International Airport. He added that the 66-kilometer tollway from …
Read More »Green GSM investing $1-B in PHL
Green and Smart Mobility (Green GSM), Vietnamese electric vehicle (EV) ride-hailing service provider, is investing $1 billion for its Philippine operations. The Office of Special Assistant to the President for Investment and Economic Affairs (OSAPIEA) said that Green GSM has started its investments in the Philippines with the launch of its taxi and transportation network vehicle service in the country. …
Read More »Jetstar Asia to cease operating in PHL
Jetstar Asia, a Singapore-based budget airliner, announced it terminate its operations by the end of July 2025. Jetstar Asia said in a statement the “difficult decision” was made to “progressively reduce the airlines’ flight schedule before permanently ceasing operations” on July 31. “Jetstar Asia’s business has been increasingly challenged in recent years by escalating supplier costs, airport fees and aviation …
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