Low-cost carrier Cebu Pacific is banking on the steady decline in jet fuel prices to propel passenger volume growth in the second half of the year, as it nears the halfway mark of its 30-million annual passenger target. In a disclosure to the Philippine Stock Exchange (PSE), Cebu Pacific reported...
The Philippines is the ninth most earthquake-prone country in the world, according to a study by UK-based consultancy Utility Bidder. The ranking underscores the country’s constant exposure to seismic activity and the importance of earthquake preparedness. The Philippines ranks among the...
Gokongwei-led Cebu Pacific will become the first low-cost carrier in Southeast Asia to equip its fleet with SpaceX’s Starlink satellite internet, part of a massive joint order by the global budget airline investor to bring high-speed Wi-Fi to more than 1,000 aircraft. In a statement on Tuesday,...
Del Monte Pacific Limited has defended its financial solvency to Singapore’s independent market regulator, maintaining that its underlying operations remain viable despite severe capital deficits and cash constraints at the holding-company level. The Singapore Exchange Regulation (SGX RegCo)...
Manila remained the cheapest city in Asia-Pacific for the wealthy to maintain a luxury lifestyle in 2026, even as the cost of living well surged worldwide amid sharp currency swings and higher prices of premium goods. In its Global Wealth and Lifestyle Report 2026 published last Tuesday, July 7,...
The Philippines, through the Department of Foreign Affairs (DFA), on Wednesday, July 8, called on concerned parties to exercise restraint and promote transparency after China launched an unarmed ballistic missile from a submarine into the Pacific Ocean during a military exercise. In a statement,...
AirAsia MOVE, the booking arm of regional budget carrier AirAsia, has been ordered to stop offering Cebu Pacific’s plane tickets by a Malaysian court after it was found that the platform had been selling flights without authorization. In a disclosure on Tuesday, July 7, Cebu Pacific said it had...
China 's test launch of a submarine-fired strategic missile into the Pacific Ocean has drawn strong criticism from the Department of National (DND) and Armed Forces of the Philippines (AFP) days before the country marks the 10th anniversary of its landmark arbitral victory against Beijing in...
Po-led food and beverage producer Century Pacific Foods Inc. (CNPF) expects to post double-digit growth in both sales and profits this year despite challenges stemming from the conflict in the Middle East. “It’s been a quite challenging second quarter, but we are still seeing double-digit...
Filipino consumers are falling behind their Asian neighbors in bouncing back from the Covid-19 pandemic as low-paying jobs, shrinking savings, and slowing remittances hit household spending. According to a report by Dutch bank ING, while shoppers in India and Japan have resumed pre-pandemic...
Airlines based in the Asia-Pacific region maintained positive momentum in passenger traffic during the first five months of 2026 despite reduced flight schedules beginning to take their toll, according to the Kuala Lumpur-based Association of Asia Pacific Airlines (AAPA). The latest preliminary...
The Philippines scored below the regional average in the World Bank’s latest Human Capital Index Plus (HCI+), underscoring persistent gaps in health, education, and employment outcomes despite outperforming the average for lower-middle-income countries (LMICs). In an April 2026 human capital...
