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Damp lease helps Cebu Pacific address seat shortage

A damp lease agreement with Bulgaria Air has allowed Cebu Pacific to expand its transport capacity and meet the increasing demand for domestic air travel.  

CREC set for early March IPO seen generating P12 billion

Securities regulators have green lighted Citicore Renewable Energy Corp.'s bid to raise more or less P12 billion in an initial public offering (IPO) set in March this year.  

Raslag acquires 100-hectare property in Nueva Ecija

Listed renewable energy firm Raslag Corp. has purchased over a hundred hectares of property in Sto. Rosa, Nueva Ecija for P807.7 million.

BDO cuts short offer period for ASEAN Sustainability Bond by a week on strong demand

BDO Unibank Inc., the country’s largest lender by assets, on Wednesday cut short the offer period for its second ASEAN Sustainability Bond issue due to strong demand from both retail and institutional investors.

PAGCOR gross gaming revenue at record P285.27B in 2023, eyes P336.38B for 2024

The Philippine Amusement and Gaming Corporation said gross gaming revenue in 2023 reached a record P285.27 billion, exceeding pre-pandemic levels as mobility restrictions eased and tourism rebounded.

Just in

Filipinos rethink Holy Week travel amid rising costs

For many Filipinos, Holy Week marks one of the longest breaks of the year—a welcome pause to return to provincial towns, join the Stations of the Cross, visit churches, and watch the Senakulo. 

Meralco assures stable power supply during Holy Week

The Manila Electric Company (Meralco) said it is ready to provide stable and reliable electricity service throughout the Holy Week.

ABS-CBN board denies claims linked to family dispute

The board of ABS-CBN Corporation has denied claims tied to an internal dispute within the Lopez family, saying the media company is not involved in the case cited in recent reports.

SSS considers loan, contribution relief measures

The Social Security System (SSS) is exploring measures to ease financial pressures on its members and employers amid continuing economic challenges.
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