Strong passenger growth lifts Cebu Pacific’s 1H profit
Cebu Pacific, the budget carrier under the Gokongwei Group, reported a 153 percent surge in net income to ₱8.97 billion for the first half of 2025, up from ₱3.54 billion in the same period last year, driven by robust passenger growth, improved operational efficiency, and stringent cost controls.
BSP urges timely submission of foreign borrowing plans
The Bangko Sentral ng Pilipinas (BSP) has issued a reminder to resident entities to submit their Foreign Borrowings Plan (FBP) for the fourth quarter of 2025 and full year 2026 by September 30, 2025.
EDC inaugurates ₱7-B Tanawon Geothermal Plant in Sorsogon
The Energy Development Corp. (EDC), a subsidiary of Lopez-led First Gen Corp., recently inaugurated its new ₱7-billion Tanawon geothermal power plant in Sorsogon, marking another milestone in the country’s push toward energy security through renewable sources.
URC brands among most chosen in PH – report
Five flagship brands of Universal Robina Corp. (URC) have been named among the most chosen fast-moving consumer goods (FMCG) in the Philippines, according to the 2025 Brand Footprint Report by Worldpanel by Numerator.
Security Bank expands Southern Luzon presence with new branch
Security Bank has inaugurated its 355th branch in Calamba-Turbina, Laguna, further expanding its footprint in Southern Luzon.
