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Mandatory maintenance compel Cebu Pacific to downgrade 2023 passenger volume count

Cebu Air Inc., the operator of Cebu Pacific and Cebgo, targets to fly 22 million passengers this year, down from an earlier forecast of 24 million passengers. 

Smart roaming customers in Israel to receive load assistance

Smart Communications, Inc. (Smart) has provided roaming assistance to all Smart and TNT subscribers in Israel amid escalating unrest in the country.

Semirara sets P14.88B special cash dividend

Listed energy and mining firm Semirara Mining and Power Corp. said Tuesday its board approved the declaration of special cash dividends that total P14.88 billion.

Malacañang suspends LTFRB chief on alleged irregularities involving transport modernization

Malacanang has ordered the suspension of the chief of the Land Transportation Franchising and Regulatory Board (LTFRB) on alleged corruption and irregularities. 

Inflation peeling away from target increases policy rate adjustments – Moody’s unit

Headline inflation getting away from the central bank's 2 percent to 4 percent target range this year heightens the likelihood of a change in the monetary policy structure in the Philippines, the analytics unit of the sovereign credit watcher Moody's Investors Service said on Monday.

Just in

Meralco strengthens earthquake readiness via full-scale drills

When the ground shakes, readiness cannot remain on paper. For Manila Electric Co. (Meralco), preparedness means putting plans, people, technology, and partnerships through their paces—before a real emergency does.

Philippines export streak hits 35-year high momentum

The Philippines’ export boom is showing signs of staying power, with merchandise shipments climbing 27.8 percent in August to USD9.11 billion—the highest monthly level in 35 years, the Department of Trade and Industry said.

SMPC rightsizes workforce; seawater inflows curb Acacia mine operations

Semirara Mining and Power Corporation (SMPC) is adjusting its workforce as persistent and rising seawater ingress restricts activity at its Acacia mine, with flows now overwhelming existing pumping capacity.

Blu Girls’ Asian Games medal wait continues

The Philippine Blu Girls will have to wait a little longer for their first Asian Games softball medal after Chinese Taipei turned Saturday's bronze-medal match into a three-inning rout.
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