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