71910 Fresh from its financial restructuring, Philippine Airlines (PAL) turns 81 today, March 15, and looks forward to "a comeback year" via network expansion, digital innovation, and a more cargo-driven strategy. “We look forward to a comeback year for Philippine Airlines and for our country,”...
Malacañang has underscored the importance of keeping the financially beleaguered Philippine Airlines (PAL) "in the air" amid the coronavirus disease (COVID-19) pandemic. (Photo from PAL Facebook page) Presidential Spokesperson Harry Roque said in a virtual press briefing Monday, Sept. 6 that the...
The coronavirus disease (COVID-19) vaccination of private employees will start in June as about 17 million AstraZeneca doses will start to arrive next month, Presidential Adviser for Entrepreneurship Secretary Joey Concepcion said on Tuesday, May 4. Presidential Adviser for Entrepreneurship...
Enrique K. Razon Jr. Five businessmen with strong ties to sports were among the 17 Filipinos named to this year’s Forbes World’s Billionaires List. Enrique Razon Jr., Lucio Tan, Hans Sy, Ramon Ang and Inigo Zobel made it to the list composed of 2,755 billionaires from around the world, as...
The Lucio Tan Group of Companies is gearing up to vaccinate its more than 50,000 employees against SARS-COV2 as it reported that about 90 percent of them are ready and willing to get themselves inoculated. In a statement, the group said the high vaccine acceptance was attributed to the...
Philippine Airlines Inc. is working on a “comprehensive recovery and restructuring plan,” according to the carrier owned by billionaire Lucio Tan. The plan will enable it to “emerge financially stronger” from the global crisis, it said in a statement. It didn’t provide details of...
Philippine National Bank (PNB) is seeking to dispose of three prime properties that it values at about $1 billion as early as this year, a person familiar with the plan said. Pedestrians wearing protective mask walk near the Philippine National Bank (PNB) Center in Makati City, Metro Manila,...