Manila Bulletin - Business

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Business

Manila Bulletin

Airfares to rise as gov't approves record fuel fees
The Civil Aeronautics Board (CAB) increased the passenger fuel surcharge to a record level as global jet fuel prices continue to surge, a move that is set to make air travel more expensive for the remainder of the month. In an advisory dated April 13 but released on Wednesday, April 22, the CAB...
Manila Bulletin

Peso takes biggest hit as oil shock pressures Asian currencies
While Asian currencies have been on a modest decline since Middle East tensions flared up, Japanese financial giant MUFG Bank Ltd. said the Philippine peso was the biggest loser among regional currencies, given the domestic economy’s high exposure to imported oil. Separately, think tank Capital...
Manila Bulletin

Ayala's tech architect JAZA handing Globe reins to Consing
Manila Bulletin

Fitch warns of potential Philippine credit rating downgrade
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