Thursday, 18 September 2025, 3:15 pm

    Tag: Cebu Pacific

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    Budget carrier boosting central, south air links from Iloilo hub

    Cebu Pacific is strengthening the air link between the central and southern parts of the country with the resumption of two routes out of its Iloilo hub.

    Cebu Pacific plans P42B capex in 2023, eyes return to profitability

    Cebu Air Inc., which owns the country’s largest budget carrier Cebu Pacific, told the Philippine Stock Exchange on Thursday it has budgeted P42 billion as capital expenditures this year, most of which will fund aircraft purchases.

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    Digital finance giants team up for ₱2.75B lending push

    Southeast Asia’s leading digital finance platform Atome and the country's top digital bank Maya Bank have signed a ₱2.75 billion (approx. US$48 million) loan channeling agreement aimed at expanding access to credit for millions of underserved Filipinos.

    Megaworld raises P2.24B from sale of MREIT shares

    Megaworld Corp., the listed property development business of billionaire Andrew Tan, said it has sold 168.6 million ommon shares of its sponsored retail estate and investment trust, MREIT Inc., in a block sale transaction that raised around P2.24 billion before fees and taxes.

    Del Monte Pacific receives auditor disclaimer

    Del Monte Pacific Limited has disclosed that its independent auditor, Ernst & Young LLP, issued a disclaimer of opinion on its consolidated financial statements for the fiscal year ending April 30, 2025, citing insufficient audit evidence related to its U.S. subsidiary.

    DA orders audit of farm-to-market roads

    Agriculture Secretary Francisco Tiu Laurel Jr. has ordered a full audit of all farm-to-market road (FMR) projects from 2021 to 2025, echoing President Marcos’ call for accountability amid flood control project controversies.

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