Metro Pacific Investments Corporation (MPIC) reported a 23 percent growth in consolidated core net income to P3.1 billion for the first quarter of 2022 from the P2.5 billion earned in the same period last year. In a media briefing, MPIC Chief Finance, Risk and Sustainability Officer Chaye A....
Century Pacific Food, Inc. reported a 10 percent improvement in consolidated earnings to P1.4 billion in the first quarter of the year as consolidated net revenues also grew 10 percent to P14.7 billion. In a disclosure to the Philippine Stock Exchange, the firm said the growth was mainly due to the...
Cebu Pacific (CEB) resumed its operations at the Bicol International Airport (BIA) starting this month and boosted its passenger capacity to Legaspi for the summer peak travel period by using Airbus aircraft. CEB currently flies up to five times daily on the Manila – Legazpi – Manila route. It...
Cebu Pacific passengers can now donate to help vulnerable children online at https://bit.ly/UNICEFChangeForGood and while inflight under the UNICEF Change for Good fundraising program. Cebu Pacific and UNICEF in action “We are optimistic that everyone will travel again and embrace the new normal....
Eight teams, three of them local and five foreign, will be seeing action in the 2022 Chooks-to-Go FIBA 3x3 Asia Pacific Super Quest on Saturday, April 30 at the Ayala Malls Solenad in Sta. Rosa, Laguna. Mike Harry Nzeusseu, Mac Tallo, coach Aldin Ayo, Zach Huang, and Brandon Ramirez of Cebu Chooks...
Asia-Pacific nations should forge stronger partnerships to address the impact of changing climate by making climate financing available and accessible to developing countries that bear the brunt of global warming, the Philippines’ top climate official said. Climate Change Commission Secretary...
President Duterte has called for a bolder vision and urgent action to address water-related issues confronting the Asia-Pacific region, saying countries have to decide wisely for the benefit of current and future generations. President Duterte (Photo courtesy of Malacañang) Duterte made this...
Cebu Pacific (CEB) is adding more direct flights from Cebu and Davao this summer to enable passengers to explore more local destinations without having to pass through Manila. 78524 This April, CEB resumes direct flights to four new destinations from Cebu – Calbayog, Surigao, Puerto Princesa, and...
Cebu Pacific (CEB) this month took delivery of its 10th brand-new A321neo (New Engine Option) from the Airbus’ Hamburg facility, the 18th eco-plane in its fleet, in line with its environmental-friendly initiative. A321neo The A321neo, which has a list price of $129.5 million, is known for...
Cebu Pacific (CEB) renewed its partnership with the Singapore Tourism Board (STB) after the city state recently reopened its borders for fully vaccinated Filipinos. Since April 1, 2022, vaccinated travellers can visit Singapore quarantine-free if they show proof of vaccination, a pre-departure...
Century Pacific Food, Inc., one of the Philippines’ leading branded food and beverage companies, reported a 20 percent growth in unaudited net income to P4.7 billion last year on the back of a robust topline performance and favorable income tax rates. In a disclosure to the Philippine Stock...
The World Bank has slightly downgraded the Philippines' gross domestic product (GDP) outlook for 2022 from 5.8 percent to 5.7 percent, falling further below the Duterte administration's target of seven to nine percent due to external risks. In its East Asia and Pacific Economic Update released...
