Kuala Lumpur, Malaysia — AirAsia Philippines is increasing its current fleet from 14 to 24 aircraft, expecting to double its passenger load as it re-starts more international routes in 2023. The budget airline will receive 10 additional aircraft this year to boost both passenger and cargo...
NLEX Corporation engaged CIMIC Group company Leighton Asia – Philippines Branch for the design and construction of the new five-kilometer third Candaba viaduct worth P6.1 billion, the tollway operator announced Thursday, February 9. “After a thorough bidding process and evaluation, we have...
Century Properties Group Inc. (CPG) is planning to raise up to P3 billion from the issuance of fixed rate retail bonds. In a disclosure to the Philippine Stock Exchange, the firm said this will be the Second Tranche Offer of its P6 billion Debt Securities Program Shelf Registration and will consist...
Justin Baltazar (UAAP Images) By NIKOLE JAVIER Justine Baltazar’s new direction on his basketball career might have fallen through once more. The 25-year-old power forward, whose Strong Group are coming off a quarterfinal loss at the hands of Al Riyadi in their Dubai tilt on Friday, Feb. 3,...
The Jollibee Group has been recognized by the Institute of Corporate Directors (ICD) through its ASEAN Corporate Governance Scorecard (ACGS) Golden Arrow Awards. In a statement, Jollibee said this acknowledges the restaurant company’s progress in adopting more sustainable, responsible, and...
Fiber Infrastructure and Network Services Inc. (FINSI), a subsidiary of the Asticom Group, has stepped up its fiber rollout, deploying more than 133,400 lines in 15 months, the company announced Thursday, February 2. As of year-end 2022, the rollout has brought high-speed internet access in Metro...
The composition of the five-man panel tasked to conduct an evaluation of the high-ranking police officers who submitted their courtesy resignation is now complete. Malacañang press briefer Daphne Paez holds a palace briefing with DILG Secretary Benjamin Abalos and Chief PNP Rodolfo Azurin Jr. on...
Most consumers, 69 percent, actively seek sustainable travel options, according to the latest report of the World Travel & Tourism Council (WTTC) and Trip.com Group, together with Deloitte. “Demand for travel is now stronger than ever” said WTTC President and CEO Julia Simpson However,...
Food manufacturer Monde Nissin Corporation is acquiring a 15 percent stake in restaurant chains owner Figaro Coffee Group Inc. (FCG) for P820.3 million or P1.00 per share. In a similar disclosures to the Philippine Stock Exchange, the two firms said the transaction shall consist in the subscription...
A committee in the House of Representatives has approved a measure seeking to designate certain areas in the Kalayaan Island Group (KIG) in the West Philippine Sea (WPS) as marine protected areas. An aerial view of the Pag-asa Island in the Kalayaan Group of Islands in the West Philippine Sea....
Strong Group is banking on its sixth man – the Overseas Filipino Workers in Dubai –to provide the much-needed boost as it takes on an expected tough field in the 32nd Dubai International Championship beginning Friday, Jan. 27. All bags are packed and ready to go as the Jacob Lao-owned...
The United States Agency for International Development (USAID), through UNILAB Foundation, has signed a memorandum of agreement with the ICCP Group Foundation, Inc. (IGFI) as one of the core partners for the USAID’s Advanced Manufacturing Workforce Development (AMDev) Program. According to a...
