Posted at 01/19/19 6:38 AM
Philippine regulators and a global investment banker weigh in on calls to halt reclamation projects in the Manila Bay area, and it's set to go through a P47 billion rehabilitation.
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Providing fast internet even in the middle of the sea is key to attracting millennials to the cruise ship tourism market, an official of one of the largest cruise ship operators in the world said Tuesday.
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Developing better port infrastructure is needed to attract more cruise ship operators to the Philippines, an official of Royal Caribbean Cruises said Tuesday.
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Oil prices have plummeted in recent weeks, prompting the DOF to rethink its recommendation to Malacanang.
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A PECO official alleged that the franchise application of rival firm More Electric Power Corp.'s had been "railroaded," while PECO's own application continued to languish in Congress.
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The Philippine Senate approved on third and final reading the franchise application of MORE electric and power corporation.
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Philippine shares rallied, outperforming other bourses in Asia and ending the day at its highest in two months.
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Beijing and Manila are dismissing fears over the danger of falling into China's so-called debt trap amid its assistance in the country's infrastructure program.
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There is "no outcome sharing" prescribed in the memorandum of understanding between Manila and Beijing, but a presidential decree mandates 60-40 in favor of the Philippines, said Foreign Affairs Secretary Teodoro Locsin Jr.
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Tycoon George Ty, whose holdings span banking, automotive, property and infrastructure, passes away.
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