The Philippines and the United States are in the middle of discussions on further coordination in the military, political, and economic spheres. President Ferdinand 'Bongbong' Marcos Jr. visits the United States Indo-Pacific Command Headquarters in Honolulu, Hawaii on Nov. 19, 2023. (Photo courtesy...
In order to maximize affordable options for travelers, Cebu Pacific (CEB) is collaborating with the country’s largest budget hotel chain Go Hotels to provide low-cost and exclusive deals on accommodations in Go Hotel properties nationwide. CEB pursued the partnership with Go Hotels to synchronize...
The Philippines will continue to be a responsible neighbor in the Indo-Pacific region, President Marcos said. President Ferdinand 'Bongbong' Marcos Jr. visits the United States Indo-Pacific Command Headquarters in Honolulu, Hawaii on Nov. 19, 2023. (Photo courtesy of Malacañang) During the Daniel...
President Marcos reiterated that the Philippines will not give up any part of its territory amid the dispute in the West Philippine Sea (WPS) as he stressed the need for the country to upgrade its defense capability. President Ferdinand 'Bongbong' Marcos Jr. arrives at the United States...
Metro Pacific Tollways Corporation (MPTC), a subsidiary of Manuel V. Pangilinan-controlled conglomerate Metro Pacific Investments Corporation (MPIC), needs to raise about $600 million if its bid to invest in a major tollway company in Indonesia is successful. In a virtual briefing, MPTC Chief...
Among its improved forecasts for 2024, Cebu Pacific (CEB) said it is preparing its operations to accommodate its plans to increase the size of its fleet by next year. Seat capacity is expected to grow from five to eight percent next year from the 2023 levels, with CEB accepting the delivery...
GT Capital Holdings Inc., the Ty family conglomerate, reported that its consolidated net income rose 54 percent to P23.09 billion in the first nine months of 2023 from the P14.95 billion earned in the same period last year, boosted by its banking and automotive businesses. In a disclosure to the...
Metro Pacific Investments Corporation, now a privately-held conglomerate of the First Pacific Group and other top conglomerates, reported a 37 percent growth in consolidated core net income to P16.2 billion for the first nine months of 2023 from the P11.8 billion earned in the same period last...
TOKYO, Japan - Metro Pacific Investments Corporation (MPIC) intends to close the deal to acquire a strategic interest in coconut products exporter Axelum Resources Corporation before the end of this year despite the need to do further due diligence on the company. In a press briefing, MPIC Chief...
TOKYO, Japan -- Metro Pacific Health Corporation (MPH), an affiliate of conglomerate Metro Pacific Investments Corporation (MPIC), is aiming to grow its network to 40 hospitals by 2025. In a press briefing, MPIC Chief Finance, Risk and Sustainability Officer Chaye A. Cabal-Revilla said they have...
The Po and Gokongwei families have beefed up their stakes in Shakey’s Pizza Asia Ventures Inc. (PIZZA), one of the leading food service groups in the Philippines, by buying out the stake of Singapore’s sovereign wealth fund GIC for P2.69 billion. In a disclosure to the Philippine Stock Exchange...
The Po family’s Century Pacific Food Inc. (CNPF), one of the country’s leading food and beverage companies, reported a 10 percent year-on-year improvement in net income to P4.6 billion in the first nine months of 2023. In a disclosure to the Philippine Stock Exchange (PSE), the firm said it...
