Cebu Pacific, the Hotel, Resort, and Restaurant Association of Cebu Inc. (HRRACI), and the Department of Tourism (DOT) have sealed a new partnership designed to supercharge Cebu’s visitor arrivals through flight incentives and bundled stay packages.
Cebu Air Inc., the Gokongwei Group’s listed airline operator behind the Cebu Pacific brand, has named long-time executive Pamela Rae Chua as its new treasurer effective December 1. She succeeds Elynore Villanueva, who has retired from the post.
Cebu Pacific, budget carrier brand of listed Cebu Air Inc., the airline unit of the Gokongwei Group, flew 2.1 million passengers in October, down 1 percent from the same month in 2024, as the airline continued to juggle capacity constraints, supply chain issues, and weather disruptions ahead of the peak travel period.
Cebu Pacific (CEB) has signed two major agreements at the Paris Air Show, strengthening both its fleet reliability and operational efficiency as part of its long-term growth strategy.
Cebu Pacific, the budget carrier brand of the Gokongwei Group’, saw net income in the first quarter drop 78 percent to P466 million, dragged down by higher fleet and financing costs related to its fleet and route expansion.
The Department of Energy (DOE) on Sunday warned oil companies and gasoline stations not to implement fuel price increases ahead of the scheduled adjustment on Tuesday, as authorities step up monitoring amid rising global oil prices.
Power producer First Gen Corporation is preparing up to ₱41.7 billion in capital spending for 2026, a 24.5 percent increase from its ₱33.5 billion capex in 2025, company officials said.
Electricity prices in the country’s spot market slipped slightly in February, offering temporary relief to consumers, but regulators are warning that global fuel disruptions linked to Middle East tensions could quickly push rates higher.
The Securities and Exchange Commission (SEC) has cancelled the corporate registration of MCM Royalty Legacy International Inc. for illegally soliciting investments from the public.