Cebu Pacific and flyadeal Sign Strategic Wet-Lease MoU, Eye Broader Commercial Ties
Cebu Pacific, the country's largest carrier, has entered a landmark wet-lease agreement with Saudi Arabia’s flyadeal, signaling a broader strategic collaboration between the two fast-growing low-cost airlines. Announced at a joint press conference in Manila, the deal will see Cebu Pacific lease two Airbus A320s to flyadeal for the Saudi summer travel surge, while a reciprocal wet-lease arrangement during Southeast Asia’s winter peak is under consideration.
President Marcos eyes tobacco industry model for palay ‘floor price’
President Ferdinand Marcos Jr. said Wednesday that government, through the Department of Agriculture, is looking at imposing a floor price for palay to ensure farmers profitability and sustain their intention to plant and produce more rice.
ADB bares major Southeast Asia push at regional summits
Asian Development Bank (ADB) President Masato Kanda reaffirmed in Malaysia the institution’s strong commitment to advancing regional cooperation and integration at the 16th BIMP-EAGA and IMT-GT Summits, highlighting a unified approach to tackling regional challenges while unlocking shared opportunities.
Government posts budget surplus in April, 4-month budget deficit widens
The National Government (NG) recorded a budget surplus of P67.3 billion in April 2025, up 58 percent year-over-year, as tax collections accelerated despite a...
Chicken, tilapia output rise in 1Q; pork, fish dip
Seasonal patterns boosted chicken and tilapia production in the first quarter but weighed on output of hogs, bangus, and galunggong, according to the Philippine Statistics Authority (PSA).
