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DOTC considered buying second-hand trains from Spain―Abaya

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Philippine Ratings Services Corp., a debt watcher, has upgraded the rating of the Metro Rail Transit Line 3’s debt.

To address the problem of long lines in the Metro Rail Train 3 system, the government had considered buying second-hand rails from Spain, Transportation Secretary Joseph Emilio Abaya told a Senate hearing on Wednesday.

Posted: October 1st, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

AirAsia Zest launches ‘fly-thru’ service to Australia

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AFP FILE PHOTO

AirAsia Zest on Tuesday announced its new “Fly-Thru” service from Ninoy Aquino International Airport Terminal 4 to Melbourne, Adelaide and Sydney in Australia with an “all-in introductory promo fares” from as low as P5,609.

Posted: July 8th, 2014 in Latest Business Stories | Read More »

Gov’t urged to apply full force of law vs hoarders

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bam-aquino

Senator Bam Aquino called on the government on Tuesday to apply the full force of the law on hoarders of rice, garlic and other market products, saying they must be “severely punished” for their illegal acts that resulted in sudden prices increases.

Posted: July 8th, 2014 in Latest Business Stories | Read More »

Pagcor to reduce intelligence expenses following criticisms

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pagcor

The Philippine Amusement and Gaming Corporation (Pagcor) is projecting a “much lower” disbursement of its intelligence funds this year as it vowed to find ways to further reduce its intelligence expenses.

Posted: June 30th, 2014 in Latest Business Stories | Read More »

Suave Rizal or smooth Bonifacio? Liquor firm wants heroes for brands

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rizal boni liquor

Rizal is suave but Bonifacio is smoother. What? Senator Pia Cayetano is waging a battle against a Philippine liquor company’s plan to name some of its brands after national heroes and historical sites.

Posted: June 18th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

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