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PTAA backs airlines, urges tax relief measures

The Philippine Travel Agencies Association (PTAA) has thrown its support behind airline partners facing mounting cost pressures from volatile fuel prices, while calling on the government to provide relief measures and improve the timeliness of advisories to minimize disruption across the travel sector.

SP New Energy seeks rebrand, ticker change to MGENR

SP New Energy Corporation said it is moving forward with a corporate rebranding that will see it adopt the name “MGEN Renewables Inc.” and change its stock symbol to MGENR, replacing its current ticker SPNEC.

Alliance Select reports cyber incident, contains risks

Alliance Select Foods International Inc. disclosed a cybersecurity incident affecting certain information technology systems at its General Santos facility, prompting containment measures and an ongoing investigation.

SMHCC bets big on Cebu MICE hub

SM Hotels and Conventions Corporation (SMHCC) is ramping up efforts to position the Philippines as a stronger player in the global meetings, incentives, conferences, and exhibitions (MICE) market, anchored on the upcoming launch of SMX Convention Center Seaside Cebu.

Alsons revenues climb as power demand strengthens

Alsons Consolidated Resources (ACR) posted strong revenue growth last year, buoyed by rising electricity demand, expanded retail supply operations, and the contribution of a new power plant, even as earnings were weighed down by asset impairments.

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Aznar Shipping takes family legacy public for expansion

Aznar Shipping Corp. is taking its third-generation business to the stock market to raise capital for fleet expansion while strengthening its corporate governance for long-term growth.

Child rights group backs safety bill, flags flaws

The Child Rights Network (CRN) has welcomed the latest House of Representatives version of the Children’s Social Media and Online Gaming Safety Bill, praising lawmakers for prioritizing platform accountability over a blanket social media ban.

MAP calls zero EDSA Busway budget inexplicable

The Management Association of the Philippines (MAP) has called the proposed zero budget for the EDSA Busway “inexplicable,” warning that underfunding one of Metro Manila’s busiest mass transit systems could worsen congestion and raise costs for commuters and businesses.

Top Line names Jane Gocuan chief investment officer

Top Line Business Development Corp. has appointed veteran banking executive Jane K. Gocuan as chief investment officer, effective September 18, as the company expands its focus on investment-related activities and business development.
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