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Oplan Harabas yields 3 drivers positive for drugs
FOLLOWING the surprise drug test conducted by the Land Transportation Office (LTO)-Davao and the Philippine Drug Enforcement Agency (PDEA) on public utility vehicles (PUVs) last March 26, 2024, two taxi drivers in Davao City were found to be positive for drugs......»»
Ati tribe fenced off in Boracay
Tension has sparked in Boracay after security guards allegedly fenced off parcels of land owned by members of the Ati tribe......»»
DOTr: 2.2 million more plastic cards to be delivered
Transportation Secretary Jaime Bautista inspected yesterday the one million delivered plastic cards to be used for the printing of driver’s licenses, at the Land Transportation Office central office in Quezon City......»»
JG Summit FY23 profit: P19.6-B (up 216%)
JG Summit, the Gokongwei Family’s diversified conglomerate, teased its FY23 financial results headlined by a 216% increase in the company’s net income to P19.6 billion......»»
DOJ charges 2 alleged NPA financiers with terrorism financing
According to the DOJ, the case stemmed after reports that Dumlao and Tolentino possessed firearms and ammunition without a clear source of income or apparent purpose......»»
DOF: GFIs can seek extended relief after Maharlika infusion
Government financial institutions Land Bank of the Philippines and Development Bank of the Philippines will likely seek an extension of its regulatory relief following contributions to the country’s sovereign wealth fund......»»
Filinvest Invests P16B in Ciudad BTO Project
The development of Ciudad will finally be realized after the Province of Cebu turned over Friday a parcel of the property to homegrown developer Filinvest Land, Inc. (FLI) through a build-transfer-operate (BTO) engagement. Cebu Gov. Gwendolyn Garcia and Tristan Las Marias, FLI president and CEO, formally kicked off the project in simple ceremonies onsite on […].....»»
Upson International FY23 profit: P464-M (down 13.7%)
Upson International, the IT retailer primarily operating through the Octagon retail brand, teased its FY23 financial results headlined by a 13.7% dip in net income to P464 million......»»
Solon bats for expansion of motorcycle taxis outside Metro Manila
A House lawmaker has voiced his support for expanding the government's allotment of motorcycle taxis outside Metro Manila as the Land Transportation Franchising Regulatory Board is set to greenlight the participation of more players in its pilot study......»»
Stop motorcycle taxi expansion, Marcos urged
Various transport groups yesterday appealed to President Marcos to stop the expansion of motorcycle taxis in Metro Manila amid the impending decision of the Land Transportation Franchising and Regulatory Board o authorize several companies as players in the pilot study......»»
UnionDigital Bank revenue grows to over P5 billion
UnionDigital Bank, the digital banking arm of Aboitiz-led Union Bank of the Philippines, saw its revenue grow to over P5 billion in 2023 mainly driven by higher deposits and loans......»»
Upson income drops despite record revenue
Listed IT products retailer Upson International Corp. posted record high revenue in 2023 but lower gross margin and higher expenses dragged down profit for the year......»»
Fish catch in West Philippine Sea grows despite tensions with China
Despite rising tensions with China, the Philippines expanded its fish catch in the West Philippine Sea (WPS) last year to a four-year high of over 200,000 metric tons on the back of higher state support to fishermen......»»
SamPan: Making her mark
Samantha Panlilio, eldest daughter of Jose Marcel “Jocel” Panlilio, is embarking on an ambitious career path to revitalize and expand the family’s real estate investments as chief operations officer of both the family’s publicly listed Boulevard Holdings Inc. and Puerto Azul Land Inc., even as she sets a parallel course to build her own beauty line, photography studio, and a furniture business under the brand “House of Marrakesh.”.....»»
LTO-7 on high alert for Holy Week
CEBU CITY, Philippines — The Land Transportation Office in Central Visayas (LTO-7) is on high alert starting March 24 to 31, for the Holy Week. The LTO-7 announced their “Oplan Biyaheng Ayos: Semana Santa and Summer Vacation 2024” in a press release last Friday. Director Glen Galario has instructed all LTO-7 district and extension offices.....»»
LTFRB to inspect transport terminals
Land Transportation Franchising and Regulatory Board Chairman Teofilo Guadiz is scheduled to inspect transport terminals tomorrow ahead of the exodus of passengers during the Holy Week, LTFRB spokesperson Celine Pialago said yesterday......»»
‘Ormoc LGU owns San Pablo property’
Ormoc City Mayor Lucy Torres-Gomez has denied claims that the city government does not own a parcel of land in Barangay San Pablo, where the Ormoc City College will be constructed......»»
First Gen income up 4 percent to P15.4 billion in 2023
Lopez-led power firm First Gen Corp. grew its income by four percent to P15.4 billion in 2023, from the previous year’s profit of P14.3 billion, mainly due to contributions from its geothermal subsidiary Energy Development Corp......»»
Creative economy grows to P1.72 trillion
The value of the country’s creative economy rose by 6.8 percent in 2023 from a year ago as the sector employed more people, according to the Philippine Statistics Authority......»»
Asialink eyes P2.4 billion in truck loans as e-commerce grows
Asialink Finance Corp. is looking at lending as much as P2.4 billion this year to the fast growing market for brand new and used trucks that are essential to the growth of e-commerce and logistics......»»