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Cebu Air accepts resignation of Frederick Go as director, names cousin David Go as replacement

Listed airline Cebu Air Inc. announced Monday the resignation of Frederick Go as director of the board of the country's largest budget carrier flying under the brand name Cebu Pacific.

Outstanding SUF collection pushed 2023 NTC revenue 62% above target

The National Telecommunications Commission (NTC) on Monday reported exceeding its 2023 collection target by 62 percent to P3.5 billion, way more than the P5.91 billion target set by the Development Budget Coordination Committee (DBCC). 

Yuchengco’s House of Investments shifts business focus on financial services

House of Investments, the investment holding company of the Yuchengco Group, said Monday it is diversifying ito financial services and property development and minimizing its exposure in the construction business.

DMCI Holdings power unit get energy sales boost from Palawan operations

DMCI Power Corp., the off-grid power generation unit of listed energy and construction group DMCI Holdings  Inc., recorded a 7 percent increase in sales volume in 2023 to 454 gigaWatt-hours.

Consunji group keen on pursuing renewable energy projects

DMCI Holdings Inc. subsidiary DMCI Power Corp. is keen on pursuing a 12-megawatt on-shore wind project in Mindoro and a separate 4-MW solar project in Masbate representing its maiden venture into the renewables sector.

Just in

Price Council backs DA-proposed temporary price cap on imported rice

The National Price Coordinating Council NPCC has endorsed the imposition of a P50 per kilo price ceiling on imported rice as surging global oil prices driven by ongoing geopolitical tensions in the Middle East continue to push up food costs in the Philippines.

World Bank $1B financing targets Philippine farm transformation

At least five million Filipino farmers are poised to benefit from a USD1-billion World Bank financing package aimed at accelerating a nationwide shift toward higher productivity, diversification, and climate resilience—an overhaul long seen as critical to stabilizing food supply and rural incomes.

MPTC activates Holy Week traffic plan nationwide

Metro Pacific Tollways Corp. (MPTC) is rolling out its “Biyaheng Arangkada” motorist assistance program from March 27 to April 6, 2026, bracing for the annual Holy Week travel surge.

RCBC, SSS launch digital loan access push

Rizal Commercial Banking Corp, (RCBC), the banking unit of the Yuchengco Group, and the state-owned pension fund Social Security System (SSS) are rolling out a new digital microloan offering aimed at expanding access to affordable credit while curbing reliance on informal lenders.
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