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...
The Philippine Army (PA) and the United States Army Pacific (USARPAC) have enhanced their capabilities in responding to chemical, biological, radiological, and nuclear (CBRN) threats and improvised explosive devices (IED) during the ongoing Balikatan Exercises held in Fort Magsaysay, Nueva Ecija....
Low-cost carrier Cebu Pacific resumed its Manila to Hong Kong flights on Friday, April 1, after the government of Hong Kong Special Administrative Region (SAR) lifted the ban on the entry of passengers from nine countries, including the Philippines, to the Hong Kong International Airport (HKIA)....
Metro Pacific Investments Corporation has acquired full ownership of affiliate Landco Pacific Corporation, a real estate developer, through the conversion of receivables worth P429.33 million into equity. In a disclosure to the Philippine Stock Exchange, MPIC said it has entered into deeds of...
Heightened domestic demand is expected to cushion the impact of the Russia-Ukraine conflict on the economy in the first semester of the year, First Metro Investment Corp. (FMIC) and the University of Asia and the Pacific (UA&P) said in a joint report. FMIC and UA&P said that while Russian...
Manny Pangilinan-led Metro Pacific Tollways Corporation (MPTC) on Monday signed definitive agreements to purchase significant minority stake in Byahe (registered as On-Us Solutions Inc). The investment will be made through MPT Mobility Corp., MPTC’s unit for mobility services. L-R, front:...
