Toyota Motor Philippines Corporation (TMP) has inaugurated its P4.7-billion logistics hub in Batangas, which can store up to 4,500 imported units at a time, freeing up space in its facility in Laguna to store locally produced cars. TMP said in a statement on Friday that it inaugurated its Batangas Vehicle Center (BVC), about six kilometers…
Budget carrier Cebu Pacific is in talks with local government units (LGUs) to do away with RT-PCR testing for vaccinated travelers as it looks to add flights in the coming months. Candice Iyog, vice president for marketing and customer experience, said discussions with LGUs to simplify travel requirements came with the recent easing of lockdown…
Conglomerate Ayala Corp. is returning to the offshore bond market for the first time since the start of the COVID-19 pandemic, while also offering to redeem as much as $800 million worth of older and costlier perpetual bonds to take advantage of the slowdown in interest rates since last year. The country’s oldest business house…