April 2, 2024

PAL sets $450-M capex for 2024

MANILA: Philippine Airlines (PAL) has earmarked USD450 million (PHP25.4 billion) for its capital expenditure (capex) this year.

In a media conference in Manila on Tuesday, PAL senior vice president and chief financial officer Anna Isabel Bengzon said…

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RE investments dominate P1.9-T green lane projects

MANILA: Department of Trade and Industry (DTI) Secretary Alfredo Pascual said Tuesday 51 out of 59 projects endorsed for green lane treatment are in the renewables sector.

During the awarding of Green Lane Certificate to Prime Infrastructure Inc. in …

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Centino defends foreign aid provision in EO 57

MANILA: Presidential Assistant for Maritime Concerns Gen. Andres Centino on Tuesday defended the provision under the newly-signed Executive Order No. 57, allowing foreign aid to beef up the Philippines’ maritime defense.

In an interview on the sideli…

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