Maersk group posts Q2 loss; cyberattack to impact Q3 earnings

A.P. Moller-Maersk registered a surprise loss in the second quarter year-on-year due…

BOC collection up in first 7 months but below target

Revenue collection by the Philippine Bureau of Customs (BOC) in the first…

ATI first-half net income soars 16.8% on higher box volumes

Listed port operator Asian Terminals Inc. (ATI) said its first-semester results got…

Lorenzo Shipping narrows loss to P78M in first semester

Philippine carrier Lorenzo Shipping Corporation (LSC) has reported a narrowed net loss…

PH admin’s 2018 budget allots P27.7B for rail infra

The Philippine government is allocating P27.72 billion of the proposed 2018 budget…

Duterte seeks P4.2B extra budget to hire over 3,000 customs employees

Philippine President Rodrigo Duterte is asking Congress to appropriate P4.2 billion so…

PAL to inaugurate nonstop Manila-Auckland flights Dec 6

Philippine Airlines (PAL) will be introducing December 6 this year nonstop flights…

PH investment coordinating body approves P57.5B infra projects

The Philippine Investment Coordination Committee (ICC)-Cabinet Committee has approved six new big-ticket…

Air Berlin files for bankruptcy

German carrier Air Berlin filed for insolvency August 15 after its main…

Turkey applies anti-dumping duties on VN polyester yarn

The government of Turkey intends to impose temporary anti-dumping duties on polyester…