Twelve flights were affected by a bomb threat at the Bicol International Airport (BIA) on Monday, October 2, the Civil Aviation Authority of the Philippines (CAAP) reported. Cebu Pacific (CEB) flight 5J 326, with 130 passengers, failed to take off at 10:45 a.m. after it requested security...
Despite the global supply chain and operational challenges facing the industry, the Philippines’ leading carrier Cebu Pacific Air (CEB) remains optimistic that the local aviation sector will continue its post-pandemic growth. During the inaugural Philippine Aviation Summit last Sept. 27 to 28,...
President Marcos has ordered the creation of an inter-agency committee that will oversee the preparations for the Asia-Pacific Ministerial Conference on Disaster Risk Reduction (APMCDRR) that will be held in the Philippines next year. File photos Administrative Order No. 9, signed by Executive...
Cebu Pacific Air, the Philippines’ leading airline, underscored its commitment to shaping a brighter future for Filipino children and communities which is at the heart of its corporate social responsibility (CSR) strategies. This was highlighted by Cebu Pacific's Chief Marketing and Customer...
The rule of law must “reign” and adherence to international law will keep the Indo-Pacific region, which includes the contested South China Sea, open and stable, the Philippines told the United Nations (UN) on Sunday, Sept. 24 (Manila time). Foreign Affairs Secretary Enrique Manalo speaks at...
Foreign Affairs Secretary Enrique Manalo disclosed that he had “a brief but fruitful discussion” with his counterparts from the United States and Japan on a possible trilateral cooperation to ensure peace and stability in the Indo-Pacific region, which would include the South China Sea. (Photo...
The Philippine Stock Exchange (PSE) is removing Metro Pacific Investments Corporation (MPIC) and Aboitiz Power Corporation (AboitizPower) from its benchmark index and replacing them with Bloombery Resorts Corporation and Century Pacific Food Inc. In a memorandum posted on the PSE website, PSE...
Metro Pacific Investments Corporation (MPIC) is now all set for delisting following the high acceptance rate of the management-led tender offer, which mopped up P28.42 billion worth of the firm’s free float shares. In a disclosure to the Philippine Stock Exchange (PSE), GT Capital Holdings Inc....
Cebu Pacific reported that an engine servicing issue with supplier Pratt and Whitney (P&W) may affect its fleet availability next year and will result in a downgrade of its growth targets. In a disclosure to the Philippine Stock Exchange (PSE), Cebu Pacific said it has been informed by P&W...
Metro Pacific Investments Corporation (MPIC) reported that its planned voluntary delisting will now push through after the bidders have obtained enough shares from a tender offer to bring down the firm’s public float to less than five percent. In a disclosure to the Philippine Stock Exchange...
President Ferdinand “Bongbong” Marcos Jr. is thankful for India’s support to the Association of Southeast Asian Nations (ASEAN) in ensuring peace, stability, and order in the South China Sea region which is claimed in whole by China and in part by the Philippines and neighboring countries....
Del Monte Pacific Limited expects to generate a higher net profit for its fiscal year ending in April 2024, especially in the second half or November to April, after reporting lower losses for the months of May to July. “As a result of lower gross profit and increased interest expense, DMPL...
