The Aboitiz Group’s infrastructure arm, Aboitiz InfraCapital, which operates the Mactan Cebu International Airport, has been awarded the contract to upgrade, operate, and maintain Laguindingan Airport in Misamis Oriental.

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SM Markets, part of the Sy family conglomerate SM Investments Corp., is driving sustainability by cutting waste and saving energy.

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Warning signs of a slowing Philippine economy may prompt the Bangko Sentral ng Pilipinas to implement “jumbo” cuts that would bring the policy rate back to the prepandemic level.

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When it came time to choose, Cebu Pacific turned to its trusted partner of nearly two decades, Airbus, whose modern aircraft played a key role in the airline’s rapid expansion from the mid-2000s.

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The BSP’s rate cuts sparked a bull market, making REITs an ideal investment for those seeking both regular payouts and capital appreciation.

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Data from NNIC showed that, of the 8,000 slots available at NAIA’s four terminals, an average of 500 slots are being used by motorists for overnight parking at cheap rates. The bulk of this is concentrated in Terminal 3’s multilevel parking garage.

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New NAIA Infra Corp. said on Tuesday that the parking fee hike for vehicles at the Ninoy Aquino International Airport is meant to optimize facilities for passengers, reduce congestion, and discourage non-travelers, including from nearby businesses, from misusing parking spaces for long-term stays,

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Tycoon Manuel Villar Jr. is selling nearly 400-hectares of land in Cavite worth about P5.2 billion to his listed company Golden MV Holdings, a developer of cemetery plots and mass housing.

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Gross inflows for the month stood at $1.37 billion, with 51.2 percent of these investments going to securities listed on the Philippine Stock Exchange. The remaining 48.8 percent were directed toward peso-denominated government securities.

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