The Philippines must pursue long-term reforms to thrive amid intensified uncertainty wrought by geopolitics and external developments, including Donald J. Trump's impending return to the White House seen solidifying the United States' trade protectionism, according to a World Bank economist. On the...
Century Pacific Food Inc. (CNPF), one of the leading food companies in the Philippines, is seeking to strengthen its presence in the vast Chinese market by appointing a new distributor, Shanghai Ikai International Trading Co. In a disclosure to the Philippine Stock Exchange (PSE), CNPF stated that...
Gokongwei-led Cebu Air Inc., operator of Cebu Pacific, is set to kick off 2025 with a new destination to Japan as part of its commitment to making travel wider for its customers. In a statement on Thursday, Nov. 7, Cebu Pacific said it would operate thrice-weekly flights to Sapporo in Hokkaido,...
Brunei Darussalam, a silent claimant on parts of the South China Sea, said it is willing to work with the Philippines, another claimant state, in ensuring peace and stability in the Indo-Pacific. Its envoy to Manila, Ambassador Megawati Manan, expressed Bandar Seri Begawan’s commitment to work...
Pangilinan-led Metro Pacific Investments Corporation (MPIC) reported a 28 percent growth in consolidated core net income, hitting a record P20.8 billion in the first nine months of 2024, from P16.2 billion in the same period last year. In a statement, the firm said improved financial and operating...
Century Pacific Food Inc. of the Po family, one of the leading branded food companies in the Philippines, posted a 14 percent improvement in net income to P5.3 billion in the first nine months of 2024 from P4.6 billion in the same period last year. In a disclosure to the Philippine Stock Exchange...
Low-cost carrier Cebu Air Inc., operator of Cebu Pacific, has put on sale as much as 750,000 seats across its domestic flights. In a statement on Monday, Nov. 4, Cebu Pacific said travelers can book seats for as low as P99 for one way for travel period beginning Jan. 1 until March 31, 2025. The...
Cebu Air Inc., operator of low-cost carrier Cebu Pacific, received three more aircraft deliveries this month, firming up its commitment to expanding route offers and enhancing service to its customers. In a statement on Thursday, Oct. 31, Cebu Pacific said it received two A321neos and an A320ceo...
United Kingdom Minister for the Indo-Pacific Catherine West went around the Philippines during her visit to attend a peace and security conference. UK Minister for the Indo-Pacific Catherine West poses for a photo in front of Royal Navy ship HMS Spey (Amb. Beaufil’s X post) In a series of posts...
Gokongwei-led Cebu Air Inc., the operator of Cebu Pacific, has added a new route to Thailand as part of its ongoing commitment to offer more destinations to travelers and serve the growing demand of tourists to its Southeast Asian peer. In a statement on Wednesday, Oct. 30, Cebu Pacific said it...
Cebu Air Inc., operating under the Cebu Pacific brand, has increased its stake in 1Aviation Groundhandling Services Corporation (1AV) to a controlling 60 percent through a debt-to-equity conversion. In a disclosure to the Philippine Stock Exchange, the airline said it has signed a Deed of...
Low-cost carriers Cebu Pacific and AirAsia Philippines kicked off a piso sale to encourage more tourists to travel across and outside the country. On Tuesday, Oct. 29, Cebu Pacific said travelers can book direct flights from Iloilo to Tagbilaran, Daraga (Legazpi), and Dumaguete for as low as P1...
