Delta orders 100 Airbus planes

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.

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Megawide-GMR frontrunner for Clark airport expansion project

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.

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Vehicle sales jump ahead of tax hike

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

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Uber backs NAIA-X extension to BGC

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.

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Cement makers urged to use green systems

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

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PNG landowners, ICTSI seal deal on port project

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.

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Union Bank’s ‘selfie banking’ bags plums

Universal bank Union Bank’s EON project has garnered recognition from numerous international award-giving bodies.

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Less financial stress in Asia, says Moody’s

Credit watchdog Moody’s Investors Service said the Asian Liquidity Stress Indicator (Asian LSI), which measures the strength of financial system in the region, decreased in November 2017 to 26.4 percent from 27.6 percent in October.

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PLDT group moves to spur financial inclusion

Telecom giant Philippine Long Distance Telephone Co. (PLDT) financial technology unit FINTQ and affiliate Smart’s Voyager Innovations are targeting to include 30 million Filipinos into the financial system by 2020 through a project in collaboration with the Liga ng mga Barangay (Liga), the association of local government units with the largest membership representing barangays nationwide.

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PDIC scores highest in governance index

The regulator Governance Commission for Government –owned and/or –controlled corporations (GCG) and the Institute of Corporate Directors (ICD) gave the Philippine Deposit Insurance Corp. (PDIC) the highest score in the Corporate Governance Scorecard for GOCCs for 2016.

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