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Aircraft engine order helps secure Cebu Pacific medium term growth outlook

Transport & Logistics Context.ph Context.ph -
Cebu Pacific (CEB) has signed a memorandum of understanding with aircraft engine maker Pratt and Whitney (P&W) to secure engines for 15 new narrow body jets in support of its growth plans in the region. 

“Report fraud to authorities, not social media”

Transport & Logistics Context.ph Context.ph -
GCash, the country's leading financial app, has partnered with the Cybercrime Investigation and Coordination Center (CICC) to intensify their fight against online fraud and scams.

Ayala Land net profit rise 32% in 2023 to P24.5B on strong demand

Corporate Context.ph Context.ph -
Ayala Land Inc. said Tuesday strong demand and heightened consumer activity drove net income last year to P24.5 billion, up 32 percent year-on-year.

AREIT 2023 net income rises to P4.93B, declares P0.55/share dividend for 4Q

Corporate Context.ph Context.ph -
AREIT Inc., the listed real estate investment trust of the Ayala Group, reported Tuesday a 43 percent increase in net income last year to P4.93 billion, excluding the net fair value change in its investment properties.

Metro Pacific seeks more balanced portfolio, cool to regulated ventures

Corporate Context.ph Context.ph -
Metro Pacific Investment Corp. of business tycoon Manuel V. Pangilinan is being more careful in choosing projects it would invest in moving forward, with the bias on ventures that would promote a balanced investment portfolio for the group.
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Meralco to refund ₱2.64B over six months, starting soon

Energy & Mining 0
The Energy Regulatory Commission (ERC) has directed Manila Electric Company (Meralco) to return a net total of P2.64 billion to its customers, to be spread over roughly six months rather than the full year the company originally proposed, with the rebate likely showing up at the next billing cycle.

Advocates push faster pace for nuclear energy rollout amid rising power demand 

Energy & Mining 0
Rising electricity demand is placing growing strain on the Philippines’ power system, prompting President Ferdinand Marcos Jr. to recently call for a fresh look at nuclear energy as part of the country’s national energy grid during his State of the Nation Address. But one lawmaker says revisiting the issue is not enough—the government must move quickly from discussion to action.

PhilHealth-Maxicare partnership aims to cut patient costs, expand healthcare access

Banking & Insurance 0
The Philippine Health Insurance Corporation (PhilHealth) and Maxicare Group have partnered to expand access to healthcare services, improve coordination between public and private providers, and reduce out-of-pocket expenses for Filipinos.

Asia-Pacific firms accelerate supply chain shifts as tariffs mount — Citi

Economy 0
Asia-Pacific companies are facing growing pressure to relocate supply chains as tariffs reshape global trade, while businesses worldwide are placing greater emphasis on unlocking cash tied up in operations, according to a new report by Citi Institute.
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