Thursday, 25 September 2025, 5:32 am

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    PAL Q2 Net Income Surges 48% to $60M

    The Philippine Airlines (PAL) reported a 48 percent year-on-year increase in net income to $60 million in the second quarter of 2025, marking its 15th consecutive profitable quarter. The growth was driven primarily by a 9 percent rise in passenger volume to 4.4 million, despite pressures from softening international yields.

    CIAC attracts ₱1.19B in investments following strategic rebrand

    The Clark International Airport Corporation (CIAC) on Thursday reported attracting ₱1.19 billion (US$56.71 million) in new investments in the first six months this year following its strategic rebranding as an aviation-focused development agency.

    Gov’t debt up slightly in May amid strong domestic borrowing

    The country's total outstanding government debt stood at P16.92 trillion as of end-May 2025, reflecting a modest 0.99 percent increase of P166.20 billion from April levels, according to the Bureau of the Treasury.

    GSIS releases over P1.5B in emergency loans to 44,000 members, pensioners

    The Government Service Insurance System (GSIS) has disbursed over P1.5 billion in emergency loans to more than 44,000 government employees and pensioners affected by recent calamities, including Tropical Storms Crising, Dante, and Emong.

    Lenovo launches 2025 lineup in Manila

    Lenovo Philippines has launched its 2025 lineup of Yoga and Legion laptops, showcasing next-gen devices for creators, professionals, and gamers. Unveiled at an exclusive media event, the new models highlight AI integration, premium design, and a strong push for sustainability.

    Just in

    DPWH chief targets P5B in corruption-linked assets

    Public Works Secretary Vince Dizon has asked the Anti-Money Laundering Council (AMLC) to freeze over P474.5 million worth of luxury vehicles allegedly owned by individuals connected to anomalous flood control projects.

    SMC alerts public on scams using CEO Ramon Ang’s name

    San Miguel Corp. (SMC) has renewed warnings about fraudulent schemes exploiting the name and likeness of its chairman and CEO, Ramon S. Ang, for profit. Scammers are circulating deepfake videos on social media platforms like TikTok, Facebook, and Instagram, digitally altering Ang’s image and voice to deceive people into clicking malicious links and transferring money.

    PBBM eyes longer rice import ban, higher tariff

    President Ferdinand Marcos Jr. is moving to tighten the country’s rice import policy by extending the current two-month import suspension and raising tariffs on foreign rice, in a bid to stabilize palay prices and protect Filipino farmers during the peak of the harvest season.

    Philippines, Ukraine deepen security, trade cooperation

    The Philippines and Ukraine committed to bolstering their strategic partnership amid growing global security threats, during a high-level forum on Tuesday, co-hosted by the Stratbase Institute and the Embassy of Ukraine in the Philippines.
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