Three foreign airlines — Oman Air, Bangkok Airways and Thai Smile — shut down their Bangladesh operations last year as they found the route to be commercially unsustainable.
Read More »Travel and Tourism
Cavite-Manila ferry boat service opens
The Cavite Super Ferry Transport System has launched a ferry boat transport service that will cut travel time from Noveleta to Manila to only 35 minutes from the current land travel of 1.5 to 2 hours.
Read More »LTFRB to review TNVs’ common supply base limits
The Land Transportation Franchising and Regulatory Board (LTFRB) wants to review certain provisions of its Memorandum Circular (MC) 2018-003, which limits to 45,000 the common supply base of Transport Network Vehicle Service (TNVs) units in Metro Manila.
Read More »DOF to scrap airlines’ tax incentives
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.
Read More »Central Luzon – Philippine’s emerging business & leisure destination
As Central Luzon gears up to be the next real estate hotspot, more infrastructures are underway at the next big business hub.
Read More »MMDA readies free rides with public utility vehicle inspections
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.
Read More »Car makers ‘cautious’ on sales due to new taxes
Vehicle manufacturers are “cautious” on sales projections this year as higher taxes on cars took effect, an industry group said January 12.
Read More »South East Metro Manila Expressway project begins
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.
Read More »NLEX to spend P19-B for 2018 tollway projects
Metro Pacific Investments Corp. (MPIC) unit NLEX Corp. is allotting P19 billion in capital expenditures for tollway projects this year.
Read More »Too much growth in airline industry
The global airline industry is experiencing “too much growth” and this would lead to difficult times ahead, a top official of Cebu Pacific warned.
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The Market Monitor Minding the Nation's Business