Trade ministers from member economies of the Asia-Pacific Economic Cooperation (APEC) affirmed the need to uphold open and rules-based global trade to ensure the region’s economic growth amid the rise of protectionist policies. During the opening of the APEC Ministers Responsible for Trade (MRT)...
The Asia-Pacific Economic Cooperation (APEC) warned that economic growth across the region is expected to slow over the next two years as soaring oil prices, supply chain disruptions, and rising food costs linked to the worsening conflict in the Middle East weigh on trade and consumer demand. In...
The Philippines is looking to secure an endorsement from Japan to support its bid to become a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) free trade agreement (FTA) during President Marcos’ upcoming state visit to Tokyo. “We [will] request an...
ILOILO CITY – Metro Pacific Iloilo Water (MPIW) has stepped up mitigation plans to ensure enough water supply as a super El Niño was projected this year. “We have assessed every possible supply scenario and prepared a response for each one,” said MPIW Chief Operating Officer David Berba in a...
Japanese financial giant MUFG Bank Ltd. revealed that the Philippine peso has emerged as the worst-performing currency in Asia since the flare-up of deepening military tensions between the United States (US) and Iran. According to data monitored by MUFG covering 11 Asian currencies, the peso has...
Gokongwei-led low-cost carrier Cebu Air Inc. (Cebu Pacific) will resume flights between Manila and Dubai beginning July 2 after completing safety assessments and coordinating with Dubai airport authorities. In an advisory on Tuesday, May 19, Cebu Pacific said it would restart operations for flights...
Shang Properties (SPI) once again demonstrated its leadership in luxury real estate as it earned international recognition at the recently concluded Asia Pacific Property Awards 2026–2027, held last May 6 and 7, 2026 at the Bangkok Marriott Marquis Queen’s Park in Bangkok, Thailand. The...
Low-cost carrier Cebu Pacific experienced a sharp contraction in passenger traffic in April as government-sanctioned fuel surcharges drove ticket prices higher and cooled consumer demand for air travel. The passenger volume carried by Cebu Pacific in April declined by eight percent to 2.27 million...
Budget carrier Cebu Pacific emerged as the most punctual airline in the country for April 2026. The Gokongwei-led carrier said in a statement on Thursday, May 14, that it recorded an 84.98 percent on-time arrival rate across more than 12,000 systemwide flights, citing data from London-based...
Low-cost carrier Cebu Pacific swung to a net loss of nearly ₱400 million in the first three months of the year on the back of a ₱1.8-billion foreign exchange losses driven by a weaker peso as tensions in the Middle East rages on. Cebu Air Inc., the parent firm of Cebu Pacific, reported that it...
In a major win, the Nautilus at CaSoBe (Calatagan South Beach) recently scored four top honors: Five Stars in Architecture for Multiple Residences, Five Stars in Leisure Architecture, Five Stars in Sustainable Residential Development, and Five Stars in Leisure Development at the 2026–2027...
The Philippine central bank faces an intensifying divide among private-sector economists over the trajectory of borrowing costs, with a lone dissenting voice branding recent monetary tightening as “misguided” following the sharp slowdown in economic output. While a majority of analysts maintain...
