CEBU Pacific (CEB) over the weekend launched its Cebu-Macau and Cebu-Bangkok direct flights, with a view to catch for the Philippines a spillover of Europeans who transit through the Asian cities.

“Our new service will further increase the accessibility of Cebu and its neighboring islands to European visitors for their business and leisure trips. We are confident that this new offering will open the Philippines even more,” said Candice Iyog, CEB vice president for product.

Narzalina Lim, marketing representative of the Macau Government Tourist Office-Philippines, said the Cebu-Macau flight would open Cebu and Central Philippines to more tourists.

“Macau as an urban and leisure destination and Central Philippines as a beach resort destination truly complement each other, ensuring the success of Cebu Pacific flights both ways,” she said.

“We’ve now made it more affordable for people to visit the Philippines and Thailand. Our Cebu-Bangkok service will stir ease and convenience in business trading and provide tourists the opportunity to enjoy the relaxing vacation getaways in both countries,” Iyog said.

LOPEZ-led media giant ABS-CBN Broadcasting Corp. said Central CATV will start contributing substantially to its revenue this year alongside global operations unit ABS-CBN Global.

PLDT seeks interconnection model

THE National Telecommunications Commission (NTC) should craft a new interconnection model for VoIP (voice over Internet protocol) service providers in lieu of the current scheme used to access cellular and public switch phone networks, said the Philippine Long Distance Telephone Co. (PLDT) said.

THE Primer Group of Cos., distributors of world-class World Traveller luggage brand, and Gyroplane Rotorcraft Inc., local operator of gyroplanes, have entered into a partnership agreement.

CEBU Pacific (CEB) over the weekend launched its Cebu-Macau and Cebu-Bangkok direct flights, with a view to catch for the Philippines a spillover of Europeans who transit through the Asian cities.

SEMIRARA Mining Corp., a majority-owned unit of DMCI Holdings Inc., said its net profit rose to P633.3 million last year, up 5.3 percent from P601.2 million a year earlier.

The query here is whether or not the Securities and Exchange Commission (SEC) has the power to compel the officers of any registered corporation, partnership or association to call for a stockholders’ meeting.