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Richmond Mercurio
Richmond Mercurio
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Airlines to suffer severe cash burn in Q2 — IATA
by Richmond Mercurio - April 2, 2020 - 12:00am
Airlines are far from getting over the hump as they are expected to face severe cash burn in the second quarter, according to the International Air Transport Association.
PayMaya, Makati Med to pilot teleconsultation
by Richmond Mercurio - April 2, 2020 - 12:00am
PayMaya, the digital financial services arm of PLDT’s Voyager Innovations, has teamed up with the Makati Medical Center to offer healthcare consultations even while patients are at home.
MPTC sells 10% stake in Indonesian unit
by Richmond Mercurio - April 1, 2020 - 12:00am
Metro Pacific Tollways Corp. has sold its 10.32 percent stake in its Indonesian unit to a group of Japanese investors for $35 million.
Overstaying cargoes continue to plague Manila ports
by Richmond Mercurio - April 1, 2020 - 12:00am
The Philippine Ports Authority has warned of the possibility of Manila ports shutting down if cargo owners and consignees fail to heed calls to unclog terminals.
Local airlines face ‘existential threat’ to survival — ACAP
by Richmond Mercurio - April 1, 2020 - 12:00am
The country’s biggest airlines admits they are “facing an existential threat to their survival” and as such, are in urgent need of government intervention to mitigate the impact of the coronavirus...
Globe’s KonsultaMD offers free access to consultation
by Richmond Mercurio - March 31, 2020 - 12:00am
Telehealth provider KonsultaMD, an affiliate of Globe Telecom, is offering 30-day free access to medical advice through its telemedicine hotline to complement existing government efforts in managing the coronavirus...
Data traffic to hike capex of telcos — Fitch
by Richmond Mercurio - March 31, 2020 - 12:00am
Telecommunications providers are expected to shell out more to address the surge in data traffic as a result of the ongoing coronavirus disease 2019 or COVID-19 pandemic.
CebuPac income doubles in 2019
by Richmond Mercurio - March 31, 2020 - 12:00am
Cebu Pacific, the country’s largest budget carrier, saw its profit more than double last year.
CAAP vows unhampered passenger, cargo flights
by Richmond Mercurio - March 30, 2020 - 12:00am
The Civil Aviation Authority of the Philippines has vowed that passenger and cargo flights allowed under the community quarantine guidelines will be unhampered across the airports it manages and operates.
Airport projects to be delayed due to COVID-19
by Richmond Mercurio - March 30, 2020 - 12:00am
Aside from battering airlines globally, the coronavirus disease 2019 or COVID-19 pandemic is seen having a major impact on airport projects, with some to face significant delays in construction, and some might even...
MPTC waives toll on NLEX, SCTEX
by Richmond Mercurio - March 30, 2020 - 12:00am
Metro Pacific Tollways Corp. is making the North Luzon Expressway and the Subic-Clark-Tarlac Expressway toll free for all medical frontliners.
PLDT enables business continuity amid lockdown
by Richmond Mercurio - March 29, 2020 - 12:00am
Telecommunications and digital services provider PLDT is enabling business continuity amid the ongoing enhanced community quarantine through business-grade collaboration tools that support companies’ work-from-home...
DOTr remits P10 billion dividends in advance
by Richmond Mercurio - March 29, 2020 - 12:00am
The Department of Transportation has advanced the remittance of P10 billion in dividends to the country’s coffers to support government spending in the fight against the coronavirus disease or COVID-19.
ICTSI asks cargo firms to unclog Manila ports
by Richmond Mercurio - March 29, 2020 - 12:00am
International Container Terminal Services Inc. has appealed to cargo owners to immediately remove their containers at its flagship Manila International Container Terminal to ensure efficient maritime trade flow...
SMC waives toll for medical frontliners
by Richmond Mercurio - March 29, 2020 - 12:00am
San Miguel Corp. has waived toll on all its expressways for medical front liners in support of their sacrifices in the ongoing COVID-19 crisis.
Airlines mount ‘cargo-only’ flights to transport vital goods
by Richmond Mercurio - March 28, 2020 - 12:00am
Flag carrier Philippine Airlines and the country’s largest budget carrier Cebu Pacific are ensuring that vital cargoes are transported during the month-long community quarantine in Luzon despite the grounding...
Review of unsolicited proposals to remain unhampered — DOTr
by Richmond Mercurio - March 28, 2020 - 12:00am
The Department of Transportation assured the public that the review of unsolicited proposals would continue despite the lockdown in Luzon.
Too much Netflix? Streaming service agrees to ease a bit
by Richmond Mercurio - March 27, 2020 - 12:00am
US entertainment giant Netflix has agreed to manage its streaming bit rate in the Philippines following the government’s request to ease data congestion for the duration of the enhanced community quarantine...
Angkas, JoyRide hop into food delivery
by Richmond Mercurio - March 27, 2020 - 12:00am
Motorcycle ride-hailing firms are venturing outside of their traditional services to help their bikers and the public during the course of the enhanced community quarantine in Luzon.
Smart vows free, reliable WiFi for frontliners
by Richmond Mercurio - March 27, 2020 - 12:00am
PLDT wireless arm Smart Communications Inc. said free and reliable 24/7 WiFi connectivity has been made available to support frontliners and essential workers responding to the nationwide COVID-19 emergency. ...
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