Passenger demand across the Asia-Pacific region remained robust through February, but the outlook for the coming months is clouded by uncertainty as rising fuel prices and airspace restrictions cast doubt on air travel. Data from the Association of Asia-Pacific Airlines (AAPA) showed that passenger...
The Aurora Pacific Economic Zone and Freeport Authority (APECO) is advancing plans to develop a domestic airport at its site in Casiguran town in Aurora province, with bidding scheduled this year and commercial operations targeted by the second quarter of 2027. APECO is also pursuing a future...
Asia-Pacific economies, including the Philippines, are highly vulnerable to a protracted conflict in the Middle East, as sustained spikes in energy prices and broader disruptions threaten to slow growth and accelerate inflation, according to the Asian Development Bank (ADB). In a brief titled...
ILOILO CITY — Budget carrier Cebu Pacific is temporarily halting international flights in and out of Iloilo Airport due to high oil prices. Cebu Pacific will temporarily halt its Iloilo-Singapore, Iloilo-Bangkok, and vice versa flights. “These changes are driven by the impact of the crisis on...
Manuel V. Pangilinan-led Metro Pacific Investments Corp. (MPIC) has increased its capital expenditure (capex) budget to over ₱200 billion this year from the around ₱190 billion spent in 2025, although this may be subject to review if the ongoing Middle East crisis is prolonged. In an interview...
The World Health Organization (WHO) has called for stronger political commitment, increased innovation, and decentralized health services to end tuberculosis (TB), as it warned that millions remain affected across the Western Pacific Region. In a World Tuberculosis Day 2026 press release, the WHO...
Three of the country’s top business leaders remain optimistic that the ongoing conflict in the Middle East will be resolved within the year, although it may lead to weaker consumer demand, rising operating expenses (opex), and higher interest rates. During the Philippine Stock Exchange ’ s...
ILOILO CITY – Metro Pacific Iloilo Water (MPIW), the joint venture between State-owned Metro Iloilo Water District (MIWD) and Metro Pacific Water (MPC), assured customers in Metro Iloilo that there will be no immediate water rate increase due to the rising cost of fuel from the Middle East war....
The Philippine Navy (PN) ramped up its maritime diplomacy in the Indo-Pacific region as it deployed Naval Task Group (NTG) 80.6 aboard the BRP Diego Silang (FFG7) to Darwin, Australia to join two major international maritime events. The contingent is participating in the International Fleet Review...
After divesting from its losing United States (US) operations, Del Monte Pacific Ltd. (DMPL) is now focusing on protecting and growing its Asian operations to drive long-term growth and profitability. In a disclosure to the Philippine Stock Exchange (PSE) on Thursday, March 12, DMPL said, “the...
Infra and utilities conglomerate Metro Pacific Investments Corp. (MPIC) intends to continue investing in infrastructure despite uncertainties and challenges posed by the war in the Middle East, laying the groundwork for more growth after sustaining record performance last year. “The global...
Belle Corp., the leisure and gaming arm of the Sy family’s SM Group, raised ₱280 million in fresh capital after its lottery subsidiary, Pacific Online Systems Corp., purchased a block of the parent company 's treasury shares. In a disclosure to the Philippine Stock Exchange, Bello said...
