Cebu Pacific is expanding its international network this fourth quarter with five new and restored direct routes to China, Vietnam, and Japan, boosting connectivity ahead of the busy holiday travel period. The Gokongwei-led airline will roll out services from Cebu, Clark, and Manila starting late October through November, alongside a promotional seat sale with one-way base fares starting at just P1, excluding fees and surcharges.
AirAsia Philippines has kept its rank as the world’s most on-time low-cost airline for July, according to the latest report from global aviation data firm OAG. The carrier recorded an on-time performance rate of 94.42 percent, placing first among 46 monitored low-cost airlines worldwide. It also took second place in OAG’s All Airlines category for carriers running over 1,500 flights that month, outperforming many full-service airlines alongside its budget peers.
Oriental Petroleum and Minerals Corp. has secured the designation of a 505-hectare exploration area in Loreto, Dinagat Islands, as it expands its mineral exploration...
Megaworld Corp., the listed property venture of billionaire Andrew Tan, has reshuffled the responsibilities of several senior executives, tightening the division of finance, audit and compliance functions as longtime executive Maria Victoria M. Acosta retires.
The planned Pax Silica industrial hub in New Clark City is targeting its first 10 to 20 locators within five years of construction, with an ambitious goal of generating as much as USD200 billion in exports over a 30-year development period.
The Philippines’ gross international reserves (GIR) remained above the psychologically important USD100-billion mark in July, providing the country a sizable external cushion even as the stockpile edged lower during the month.
The University Athletic Association of the Philippines has cleared Ateneo de Manila University to compete in Season 89 despite the June 8 team-building tragedy in Dipaculao, Aurora that claimed the lives of student-athletes Rene Clert Baterbonia and Chukwuemeka Divine Adili, while imposing a lifetime ban on former Blue Eagles head coach Thomas Anthony Baldwin and suspending seven other members of the team’s coaching and support staff.