The country’s leading carriers are working round-the-clock to complete the industry-wide mandated software update on Airbus narrow-body jets by Sunday noon, aiming to prevent further flight cancellations that have affected thousands of passengers. Acting Transportation Secretary Giovanni Lopez...
Two of the country’s largest air carriers are scrambling to avert major travel disruption by pulling some of their Airbus SE narrow-body jets from service to perform an “urgent” software fix. On Saturday, Nov. 29, Philippine Airlines (PAL) and budget carrier Cebu Pacific (CEB) announced they...
International cooperation is crucial in raising maritime domain awareness and addressing “persistent” issues in maritime security and marine resources and infrastructure, Department of Foreign Affairs (DFA) Secretary Ma. Theresa Lazaro said. Speaking during the Ministerial Meeting on Protection...
The government is now scrambling to pay up to ₱4 billion in outstanding obligations to Light Rail Manila Corp. (LRMC) in hopes of maintaining the confidence of the Pangilinan-led Metro Pacific group in Light Rail Transit Line 1 (LRT-1). Acting Transportation Secretary Giovanni Lopez said the...
The Department of Tourism (DOT) is spotlighting the Philippines’ culinary heritage at the first-ever Terra Madre Asia Pacific in Bacolod, featuring two Michelin-recognized chefs in hands-on workshops showcasing Filipino flavors and sustainable practices. Palm Grill’s Michelin-recognized Miguel...
BACOLOD CITY – The inaugural Terra Madre Asia and Pacific, jointly hosted by this highly urbanized city and the province of Negros Occidental, puts a spotlight on the emerging slow food communities in the Philippines. The five-day event, which opened on Wednesday at the Provincial Capitol Lagoon...
The Department of Tourism (DOT) showcased the Philippines’ effort to turn local food traditions into global influence as it hosted the first-ever Terra Madre Asia & Pacific 2025 at the Provincial Capitol Lagoon in Bacolod City on Wednesday, Nov. 19. DOT Secretary Christina Garcia-Frasco said the...
Metro Pacific Hospitals Corp. (MPHC) will have to ramp up its expansion program until its size is able to command the target divestment value of top shareholders Kohlberg Kravis Roberts & Co. (KKR) and Singapore’s wealth fund GIC Pte. Ltd. Metro Pacific Investments Corp. (MPIC) Chairman,...
Pangilinan-led Metro Pacific Investments Corp. (MPIC) sustained its strong growth momentum in the first nine months of 2025, with consolidated core net income rising 14 percent to ₱23.6 billion from ₱20.8 billion for the same period last year. The firm said improved financial and operational...
Del Monte Pacific Ltd. (DMPL) reported that its net earnings surged more than seven-fold to $22.3 million in the first half of its current fiscal year (FY) ending April 2026, from $2.7 million in the same period a year ago, as a result of stronger sales and higher margins after writing off its...
Hong Kong — Metro Pacific Investments Corp. (MPIC) has revived plans to secure strategic investors for its tollways business in a bid to ease its significant debt burden. Chaye Cabal-Revilla, MPIC chief finance, risk, and sustainability officer, said the conglomerate is seeking to sell a 20...
HONG KONG — Metro Pacific Investments Corp. (MPIC) has begun due diligence on PrimeWater Infrastructure Corp. and its assets, a process that will determine whether the conglomerate makes a formal bid to acquire the water utility from the Villar family. “We signed a non-disclosure agreement with...
