Lorenz Marasigan

Makati City

Reporter at BusinessMirror

Reporter | Traveler | Diver

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Articles

Vitro activates AI-ready hyperscale data center

2 months ago | businessmirror.com.ph | Lorenz Marasigan

VITRO Inc., the data center arm of the PLDT Group, announced last Sunday it has activated NVIDIA-powered graphic processing unit (GPU) servers within its Vitro Santa Rosa (VSR) facility, the country’s first AI-ready hyperscale data center.
Aeronautics officials adjust fuel surcharge level upward

2 months ago | businessmirror.com.ph | Lorenz Marasigan

THE Philippine government has decided to raise the fuel surcharge level for March. According to a regulatory filing, the Civil Aeronautics Board (CAB) has adjusted the fuel surcharge level to Level 5 from Level 4, resulting in slightly higher ticket prices next month. At Level 5, the fuel surcharge for domestic flights ranges from P151 to P542, while international flights departing from the Philippines will have a surcharge between P498.03 and P3,703.11.
ComClark bolsters bid to modernize air traffic system

2 months ago | businessmirror.com.ph | Lorenz Marasigan

ComClark Network and Technology Corp. (ComClark), led by businessman Dennis Anthony Uy, is set to submit additional documents to complete its $600-million unsolicited proposal aimed at overhauling the Philippines’s air traffic control system.
CRK to unveil new air traffic control tower

2 months ago | businessmirror.com.ph | Lorenz Marasigan

Clark International Airport (CRK) is set to enhance its operational efficiency and safety standards with the upcoming launch of a state-of-the-art Air Traffic Control (ATC) tower, expected to be fully operational by the second quarter of 2025. In a statement, Clark International Airport Corp. (CIAC) President Jojit Alcazar said the 18-story tower, featuring panoramic views of the airfield, will help improve air traffic management, enhance safety standards, and address congestion challenges.
Toll concessionaires back full shift to ETC on Mar 15

2 months ago | businessmirror.com.ph | Lorenz Marasigan

THE Philippines’ toll concessionaires have collectively endorsed the government’s initiative to re-implement the Cashless/Contactless Toll Collection Policy, set to commence in March. This policy, formalized through Joint Memorandum Circular No. 2024-001 by the Department of Transportation (DOTr), Land Transportation Office (LTO), and Toll Regulatory Board (TRB), mandates the use of Electronic Toll Collection (ETC) systems across all expressways.
Bautista quits, Dizon takes over DOTr | Lorenz S. Marasigan and Samuel P. Medenilla

2 months ago | businessmirror.com.ph | Lorenz Marasigan |Samuel Medenilla

TRANSPORTATION Secretary Jaime J. Bautista announced his resignation from the Department of Transportation (DOTr), effective February 21, citing health concerns. President Ferdinand R. Marcos Jr. has accepted his resignation and appointed Vivencio “Vince” Dizon as his successor.
SIA exec: PHL economic indicators OK

2 months ago | businessmirror.com.ph | Lorenz Marasigan

SINGAPORE Airlines Ltd. (SIA) sees the Philippines as a “growing market” with significant growth potential, as it explores expansion opportunities in the country, a ranking executive said on Thursday.
PHL, Latvia strengthen maritime cooperation

2 months ago | businessmirror.com.ph | Lorenz Marasigan

THE Philippines and Latvia have strengthened maritime cooperation with the signing of a memorandum of understanding (MOU) recognizing each other’s certificates issued under the International Convention on Standards of Training, Certification, and Watchkeeping for Seafarers (STCW), the Maritime Industry Authority (Marina) said.
Cebu Air to expand international network

2 months ago | businessmirror.com.ph | Lorenz Marasigan

CEBU Air Inc. (CEB), the airline company that operates under the trade name Cebu Pacific Air, announced plans to expand its international network with the launch of direct flights between Iloilo and Bangkok’s Don Mueang International Airport. Starting March 31, the Gokongwei-led carrier will operate flights on the Iloilo-Bangkok route three times a week—every Monday, Wednesday and Friday—making it the only airline to offer non-stop flights between the two cities.
Lipad: Second runway to bolster CRK position as premier logistics hub

2 months ago | businessmirror.com.ph | Lorenz Marasigan

A second runway at Clark International Airport (CRK) will provide critical operational redundancy and solidify the airport’s position as a premier logistics hub in the region, according to Luzon International Premiere Airport Development Corp. (Lipad), the operator of the airport. In an interview last week, Lipad Corp. President Noel Manankil underscored the importance of additional runway capacity in enhancing Clark’s appeal to major logistics operators such as FedEx and UPS.