Cebu Pacific, the budget carrier brand of the Gokongwei Group’s listed unit Cebu Air Inc., has signed a wet lease agreement with Vietnam Airlines as the Philippine carrier looks to generate more revenue from its growing fleet.
The Philippines made progress in reducing child labor in 2025, but the gains came with a troubling twist. More Filipino children entered the workforce even as the number trapped in hazardous or exploitative work remained stubbornly high.
Bank of the Philippine Islands, the banking unit of the Ayala Group, kept its earnings largely intact in the first half of 2026 as solid loan growth and stronger fee income offset a sharp rise in provisions for potential credit losses.