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Jay Daniel R. Santiago

PPA earns P6.2 billion in 2016, 165% over target

By Emmie V. Abadilla With the increased volume of cargo and vessel traffic, the Philippine Ports Authority (PPA) netted P6.159-billion profits on P14.136-billion revenues for…

A newly ordered Sri Lankan Airlines A320neo plane arrives under a water cannon salute at Bandaranaike International Airport in Katunayake, Sri Lanka, February 27, 2017. (Reuters)

Sri Lanka seeks higher bids for ailing airline

By Reuters Colombo – Sri Lanka is seeking higher bids to restructure its state-owned loss-making airline, the finance minister said on Monday, after three short-listed…