AirAsia launching flights between Clark, Zamboanga
BUDGET AirAsia Philippines will soon launch flights between Clark and Zamboanga, as a response to calls from government for better air connectivity among the three major islands in the country.
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BUDGET AirAsia Philippines will soon launch flights between Clark and Zamboanga, as a response to calls from government for better air connectivity among the three major islands in the country.
Megawide Construction Corp. on Thursday said it signed a P5-billion corporate note facility, the proceeds of which it will use to retire maturing debt obligation, fund growth projects and for general corporate purposes.
Laguna-based Cirtek Holdings Philippines Corp. on Thursday raised some P2 billion worth of commercial papers and listed the debt at the Philippine Dealing and Exchange (PDEx) Corp. for trading.
AYALALand Logistics Holdings Corp. on Thursday said its income grew 15 percent last year to P641 million from the previous year’s P554.71 million on higher land sales of mostly industrial lots.
SAN Miguel Corp. (SMC) through its power unit, South Premiere Power Corp. (SPPC), has paid a total of P314.6 billion to the Power Sector Assets and Liabilities Management Corp. (PSALM) as of January 2020 for its administration of the capacity from the 1200-megawatt (MW) Ilijan power plant in Batangas.
Sun Life of Canada (Philippines) Inc. (SLCPI) announced it has paid a total of P4.7 billion in claims and maturities in 2019.
Pag-IBIG Fund holds today,? February 14, its annual “I Do, I Do! Araw ng Pag-IBIG” mass wedding for the benefit of over 1,000 member-couples in 11 venues nationwide.
The Philippine Competition Commission (PCC) has approved AC Energy Philippines’s (ACEPH) takeover of the Philippine Investment Alliance for Infrastructure’s (PINAI) solar farm in Negros Occidental.
The Bureau of the Treasury (BTr) has awarded P15 billion worth of reissued 10-year Treasury bonds under its tap facility on Tuesday’s auction.
You must have heard of the acronym Vuca, which is short for “volatile, uncertain, complex, and ambiguous.”
FREIGHT and logistics company JRS Express Corp. announced it entered into a deal with G-Xchange Inc. to use the digital payment platform of the Globe Telecom Inc. unit.
Metro Pacific Investments Corp. (MPIC) on Wednesday said it signed a P1.6-billion investment agreement with hotel management and development firm Dusit International of Thailand to jointly develop and manage hospitality and residential properties in the Philippines.
This is not quite the way vehicle assemblers want to open the year, but they suffered a double-digit decline in January sales on production slowdown caused by the eruption of Taal Volcano.
The Land Bank of the Philippines (LandBank ) disclosed its loans increased on the back of Department of Agriculture (DA) programs it said “benefitted thousands of farmers nationwide last year.”
STATE-OWNED port operator Philippine Ports Authority (PPA) saw profits widening by a third in 2019 after its ports posted robust revenue growth amid increasing regional and international trade, paired with significant declines in spending.
State-run pension fund Social Security System (SSS) welcomed the appointment of (Ret.) Judge Manuel L. Argel Jr. and Bai Norhata Macatbar-Alonto as the newest members of the Social Security Commission (SSC), the highest policy-making body of the Social Security System.
The Securities and Exchange Commission has approved the P15 billion bond offer of San Miguel Food and Beverage (SMFB) Inc.
Ayala-led Integrated Micro-Electronics Inc. on Wednesday said its net loss last year reached $13.19 million, a reversal from the previous year’s $48.72-million profit on the slowdown in global trade.
The Power Sector Assets and Liabilities Management Corp. (PSALM) on Wednesday told lawmakers that it has P95.42 billion in overdue receivables from power companies and electric cooperatives.
VILLAR-LED home improvement retailer AllHome Corp. said its profit may hit at least P1 billion in 2019 due to its strong fourth quarter performance.
BUSINESS groups on Tuesday called on legislators to look into the franchise renewal of TV giant ABS-CBN, as doing so would sustain press freedom and free enterprise in the Philippines that they find crucial for the flourish of economic activities.
The Philippines will showcase its award-winning chocolate makers and cacao producers in country exhibit at the Cocoa Trade Show & Chocolate Festival, also known as Chocoa, at the Beurs van Berlage, Amsterdam, the Netherlands, from February 19 to 23, 2020.
LOCAL fast-food company Jollibee Foods Corp. on Tuesday said its net income fell 19 percent for the entire 2019 to P6.75 billion from P8.33 billion in 2018, still as a result of the supply chain issues of Red Ribbon and the losses of Smashburger in the United States, as the fourth quarter push was unable to lift its entire year’s performance.
Start-ups with ethnically diverse founders are eventually able to raise more operating cash and return more capital to investors than those formed by all-white executives, even as they were less likely to win funding in the first place, a study shows.
Amid persistent threats from climate change, small and medium enterprises (SMEs) need to take a more proactive approach in doing business by always considering their impact on the environment while meeting customer expectations.
A team from the Department of Science and Technology (DOST) recently received further training to enhance their capabilities in promoting and expanding the coverage of the Small Enterprise Technology Upgrading Program (SETUP).
THE Power Sector Assets and Liabilities Management Corp. (PSALM) is expecting within the month the Department of Finance’s go-ahead for its plan to tap the services of Asian Development Bank (ADB) in the sale of two hydropower assets.
CONSTRUCTION firm DM Wenceslao and Associates Inc. (DMW) on Tuesday said it signed a 50-year lease deal with Saint Luke’s Medical Center for the land of the hospital that it will build in Aseana City, in Parañaque.
DAVAO CITY—African swine fever (ASF) checkpoints in Sarangani province will also serve as monitoring posts for the coronavirus disease 2019 (COVID-19) as a precautionary measure to prevent the spread of the virus.
A unit of publicly listed D and L Industries Inc. on Monday said it had developed a coconut oil product that could prevent spread of certain viruses, and possibly the coronavirus disease 2019 (COVID-19).
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