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Budget trips from Clark now include daily flights to SK

Cebu Pacific on Wednesday bared mounting daily flights to South Korea from Clark International Airport starting May 5 this year, further expanding its Clark...

Budget complete for transport fare discounts lasting six months

THE Land Transportation Franchising and Regulatory Board (LTFRB) has completed preparations implementing the proposal of the Department of Transportation (DOTr) extending public fare discounts to passengers of public utility vehicles (PUVs).

PDIC raises P1.5B from disposal of assets of closed banks

State-run Philippine Deposit Insurance Corp. (PDIC) generated P1.46 billion in total sales from 216 corporate and closed bank assets sold last year.

Bank of Commerce earnings hit record P1.8B

The earnings of the Bank of Commerce (BankCom) surged 49 percent and hit a record high P1.8 billion last year from P1.2 billion in...

DOE rules out strategic petroleum reserve program

The pursuit of alternative fuels is top of mind among policy planners in the pursuit of a stable and cost-effective energy sources to run the various industries, the Department of Energy (DOE) said on Wednesday.

Just in

DA taps millet as feed alternative as boost to carabao, dairy sector

The Department of Agriculture is advancing millet as a corn alternative for animal feed — drawing lessons from India — to stabilize supplies, cut production costs, and boost domestic carabao and dairy output.

DOE commits to resolve Visayas power crisis, revises coal resource bidding rules

The Department of Energy is moving to stabilize the Visayas power supply after the grid returned to yellow and red alerts this week, just days after without any warnings.

ICTSI secures 10-year loan from BDO for global expansion

International Container Terminal Services Inc., or ICTSI, announced Tuesday it has secured a $1 billion, 10-year term loan from BDO Unibank Inc., with the company serving as sole borrower.

Saudi supply push spurs fuel price rollbacks next week

The Department of Energy says the run of steep fuel price increases will likely stop next week, with falling global trading prices driving the shift.
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