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Elijah Felice Rosales
Elijah Felice Rosales
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MPTC to spend P10 billion for barrier-free expressway
by Elijah Felice Rosales - April 29, 2024 - 12:00am
Expressways operated by the Metro Pacific Group will start taking down their toll plazas in 2025 to achieve a barrier-less system by 2026, an effort that will require as much as P10 billion but could be key to resolving...
BDO: No plan to buy stake in NAIA rehab
by Elijah Felice Rosales - April 29, 2024 - 12:00am
The country’s largest bank is confirmed to be one of the lenders that will fund the P170.6-billion rehabilitation of the Ninoy Aquino International Airport (NAIA), but rejected any and all offers to be an investor...
DOTr: No letup in active transport push
by Elijah Felice Rosales - April 28, 2024 - 12:00am
The Department of Transportation has committed to sustain its efforts to promote active transport, as it faces criticism for considering the removal of the bicycle lane along EDSA.
2GO fortifies fleet with new ships
by Elijah Felice Rosales - April 27, 2024 - 12:00am
Logistics giant 2GO Group Inc. has brought in a new vessel to cater to the resurgent demand for sea travel, as it plans to strengthen roll-on, roll-off (RORO) services to Visayas and Mindanao.
SMC to finish SLEX upgrade by December
by Elijah Felice Rosales - April 26, 2024 - 12:00am
San Miguel Corp. has committed to finish the expansion of the South Luzon Expressway in time for the holidays in December as it announced a progress rate of 70 percent as of yesterday.
MPTC prefers term extension over toll hike
by Elijah Felice Rosales - April 25, 2024 - 12:00am
To recover investments on toll road improvements, Metro Pacific Tollways Corp. is leaning toward getting its concession agreements expanded instead of burdening motorists with rate hikes.
Fewer ads take toll on GMA’s profitability
by Elijah Felice Rosales - April 24, 2024 - 12:00am
Broadcast giant GMA Network Inc. booked fewer advertising placements in the first quarter, causing its revenue to fall and consequently squeezing its profit.
ABS-CBN shows back on Channel 2
by Elijah Felice Rosales - April 24, 2024 - 12:00am
The Lopezes have found another platform where they can air ABS-CBN shows, signing a content partnership agreement with the network that took over their frequencies.
PPA readies P1.5 billion for Leyte, Bohol port projects
by Elijah Felice Rosales - April 23, 2024 - 12:00am
The Philippine Ports Authoritywill spend more than P1.5 billion to construct a new port in Leyte and expand an existing one in Bohol to boost trade activities in Visayas.
Eastern Communications grows market share to 6 percent
by Elijah Felice Rosales - April 22, 2024 - 12:00am
Eastern Communications is banking on the growing demand for corporate connectivity to further increase its market share, as it plans to maximize new assets to attract customers in underserved areas.
Korean youth driving demand for Philippines flights
by Elijah Felice Rosales - April 22, 2024 - 12:00am
South Korea’s flag carrier expects to fly about 1.7 million passengers to and from the Philippines this year, optimistic that tourism demand will be sustained by the traveling youth.
Motorcycles may get exclusive lane on EDSA
by Elijah Felice Rosales - April 22, 2024 - 12:00am
The Department of Transportation is studying establishing an exclusive motorcycle lane along EDSA to mitigate the traffic buildup along the highway, DOTr Secretary Jaime Bautista said yesterday.
Another green loan on the table for PLDT
by Elijah Felice Rosales - April 20, 2024 - 12:00am
Telco giant PLDT Inc. is planning to acquire another sustainable loan within the year, this time to help finance some of its initiatives in bridging the digital divide.
PAL hikes capital to P30 billion
by Elijah Felice Rosales - April 20, 2024 - 12:00am
Flag carrier Philippine Airlines (PAL) has received regulatory approval to raise its capital stock to P30 billion to free up space for fresh investments from its parent unit.
ICTSI remains on expansion mode even as risks abound
by Elijah Felice Rosales - April 19, 2024 - 12:00am
Ports tycoon Enrique Razon Jr. is keeping an eye out for expansion opportunities in four regions as the billionaire indicated he has no plans of standing idle even in the face of emerging risks.
Fuel surcharge kept at year-high level
by Elijah Felice Rosales - April 19, 2024 - 12:00am
rTavelers will pay the same level of fuel surcharge for flight bookings in May, as the government is extending the current rate for a third consecutive month.
GMA Network profit falls to P3.2 billion in 2023
by Elijah Felice Rosales - April 18, 2024 - 12:00am
Broadcast leader GMA Network Inc. was hit with a 42 percent decline in its profit in 2023, as the company endured a P3 billion drop in revenue in the absence of election placements.
No end in sight for ABS-CBN’s woes
by Elijah Felice Rosales - April 18, 2024 - 12:00am
Media giant ABS-CBN Corp. suffered a setback in its efforts to become profitable again, tripling its net loss to nearly P10 billion last year due to the impairment of some of its legacy assets.
Smart blocks 13 million smishing messages
by Elijah Felice Rosales - April 18, 2024 - 12:00am
Wireless leader Smart Communications Inc. prevented more than 13 million attempts to dupe its subscribers in the first quarter of the year, warning against the rising number of hijack profiles.
Ninja Van eyes expansion in hard-to-reach areas
by Elijah Felice Rosales - April 17, 2024 - 12:00am
Express courier Ninja Van Philippines plans to widen its presence outside Metro Manila, as it wants to capture the growing demand for e-commerce deliveries as far as Mindanao.
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