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NEW DELHI: India delivered BrahMos supersonic cruise missiles to Phillipines on Friday. In January 2022, two countries signed a $375 million deal which paved the way for government-to-government deals on BrahMos and other defence collaborations.Under the deal, BrahMos Aerospace Pvt Ltd, a joint venture of India and Russia, would supply Manila with three export versions of the high-speed BrahMos missile system.
MANILA, Philippines — The Philippine Sports Commission and the Municipality of Salcedo in Ilocos Sur expressed their 100-percent readiness for the inaugural leg of the Indigenous People’s Games this year.
COTABATO CITY — Gunmen killed a 26-year-old female official of a provincial office of the Bangsamoro social services ministry in an ambush in Barangay Semba in Datu Odin Sinsuat, Maguindanao del Norte on Wednesday afternoon.
MANILA, Philippines — Criminal charges are being readied against a motorist who claimed to be a niece of a police general after she was apprehended for using the EDSA busway on April 11.
MANILA International Container Terminal (MICT), operated by International Container Terminal Services Inc. (ICTSI), continuously innovates to improve customer experience and boost supply chain efficiency.
PINAIIMBESTIGAHAN na ni Senador Lito Lapid sa kaukulang komite ng Senado ang diumano'y pagkawala at pag-abandona sa mga bodega ng libo- libong balikbayan boxes ng mga Overseas Filipino Workers(OFWs).
GMAC Logitech Refrigeration Corporation (GMAC) [link], the cold storage joint venture between Ayala Corp [AC 675.00 ?1.2%] and private cold storage player Glacier Megafridge (GMI), announced it would break ground in a few weeks on a new 11,798-pallet position temperature-controlled facility in Panabo City, Davao del Norte. GMAC said that it expects the new facility to begin commercial operations by Q1/25, and that once completed, it would cater to “local food producers, manufacturers, importers, institutional food service, and quick service restaurant clients.” The facility will triple GMAC’s system-wide capacity.MB BOTTOM-LINE: Glacier is one of only two or three cold storage providers who have the DNA required to grow into a potential national leader. It’s great to see the Ayala Group continuing to press forward with cold storage development, though I’m disappointed that we don’t have better insight into their strategy. It sucks to see this developed under the AC Logistics Holdings subsidiary of AC, and not as part of the AyalaLand Logistics [ALLHC 2.13 ?2.3%] entity that has seen its cold storage operations take off in recent quarters. Even putting it in ALLHC would be sub-optimal, as their cold storage is only just a small fraction of what ALLHC actually does. Still, I applaud any news like this where serious companies are building significant structures in the cold storage space. At least AC is doing something! What about all those other conglos?
MANILA, Philippines — 2GO, the logistics and solutions company of the SM Group, has partnered with the Department of Trade and Industry (DTI) to help online entrepreneurs in Central Luzon move their products across the country.