US carriers spent $6. 5B on fuel in April; global profit forecast is cut nearly in halfAirlines are facing a fuel price shock. U.S. carriers spent over six billion dollars on jet fuel in April, a significant jump from last yea...
09 Jun, 2026, 09.51 AM IST
Philippines earthquake in videos: Watch buildings collapse, airport damaged as massive 7.8 quake strikes MindanaoPhilippines earthquake videos: A powerful magnitude 7.8 earthquake struck the southern Philippines, causing buildings to shake and promptin...
08 Jun, 2026, 08.21 AM IST
Global Market Today: Asian stocks slip as AI rally stalls, oil steadiesAsian stocks declined as AI shares pulled back and Middle East tensions weighed on investor sentiment. South Korean shares saw a significan...
05 Jun, 2026, 06.24 AM IST
From medical tourism to casinos, oil shock hits Southeast AsiaCompanies across aviation, retail, and manufacturing are implementing price hikes and cost-cutting measures. Disruptions to supply chains a...
21 May, 2026, 11.52 AM IST
US and allied forces kick off combat drills with Philippines despite Washington's focus on IranThe United States and the Philippines have begun a major joint military exercise. This annual event, called Balikatan, involves over 17,000...
20 Apr, 2026, 01.08 PM IST
Philippine troops kill 10 suspected Muslim militants in deadliest clash so far this yearPhilippine forces eliminated ten suspected Muslim militants in a significant clash in the south. This encounter marks the deadliest this ye...
17 Apr, 2026, 01.47 PM IST
GMR Airports shares in focus after firm reports muted Q4 traffic growth, cites multiple headwindsGMR Airports reported muted traffic growth in Q4 FY26, with passenger traffic rising marginally year-on-year despite operational disruption...
16 Apr, 2026, 09.15 AM IST
Middle East crisis sparks a new fear: Not being able to flyAmid rising tensions linked to the Gulf War, concerns over air travel are shifting from fear of flying to fear of not flying at all. Sudden...
10 Apr, 2026, 10.00 AM IST
Philippines expands airport monitoring measures for staff and passengersPhilippine airports are implementing stricter oversight for both passengers and staff following reports of misconduct and theft. Transporta...
08 Apr, 2026, 12.12 PM IST
GMR group among favorites to win $3 billion Manilla airport projectSaurabh Chawla, Executive Director (Finance & Corporate Strategy) of GMR Group, stated that the group plans to continue operations both dom...
13 Feb, 2024, 06.27 PM IST
GMR sans SkyTrax rating disqualified for Philippines airport projectGMR-Megawide have started executing Clark Airport EPC contract and funds needed for the project have been tied up, the GMR official said.
11 Jul, 2018, 02.06 PM IST
GMR-Megawide lowest bidder for $250-million airport project in PhilippinesClark airport is being developed by Government of Philippines through a hybrid model with EPC and O&M tenders being issued separately.
15 Dec, 2017, 01.24 PM IST
GMR in race for $250 million airport project in PhilippinesSeven firms have submitted the bid documents for the design, engineering, and construction of the Clark International Airport new terminal ...
07 Dec, 2017, 10.11 AM IST
GMR Infrastructure signs agreement for Philippines airport, pays $320 millionThe GMR-Megawide consortium had emerged as the highest bidder in the international bidding process held in December 2013 for the project.
22 Apr, 2014, 05.56 PM IST
GMR, partner highest bidder for Philippines airport development"The Philippines authority opened the bids today and ours is the highest one. However, they are yet to officially communicate to us," a GMR...
13 Dec, 2013, 09.20 AM IST
GMR to file technical bid for Philippines airport projectThe successful bidder will be awarded a 20-year concession contract to operate, while the project will be developed in two phases at an est...
16 May, 2013, 03.37 PM IST
GMR submits documents to bid for Philippines airportGMR Infra has submitted documents for a formal bid for developing $ 425 mn Mactan- Cebu International Airport project in Philippines.
22 Apr, 2013, 08.13 PM IST