Tag: Cebu Pacific

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JG Summit earnings rise despite petrochemical drag

JG Summit Holdings Inc., the investment holding company of the Gokongwei Group, saw recurring earnings rise in 2025 on the back of resilient consumer demand and a recovery in travel, cushioning the impact of a massive write-down in its petrochemical business that pulled overall results into a loss.

Fuel price spike clouds Cebu Pacific growth

Cebu Pacific, the budget carrier unit of the Gokongwei Group, is bracing for potential turbulence from rising global fuel prices, even as the Philippines’ largest budget airline continues to post steady passenger growth early this year.

Gulf turbulence grounds PAL, CebuPac key routes

Philippine carriers are pulling back from the Middle East as security risks and airspace limits ripple across key corridors, forcing cancellations and swift contingency plans. Mostly affected are the tens of thousands of overseas Filipino workers deployed in the Middle East.

Cebu Pacific flies more passengers in January

Cebu Pacific (CEB) started 2026 on a strong note, flying 2.73 million passengers in January, 6.2 percent more than the same month last year.

Cebu Pacific leans on cloud transformation

Low-cost carrier Cebu Pacific is stepping on the digital throttle, signing PricewaterhouseCoopers

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GCash, Taptap Send team up for easier, fee-free remittances for OFWs

GCash has partnered with Taptap Send to streamline remittance services for overseas Filipino workers (OFWs) in Bahrain, with plans to roll out across key markets including the United States, Canada, and the United Kingdom.

Japan’s Endo bids farewell to Marcos Palace, receives Order of Sikatuna for deepening PH-Japan ties

Outgoing Japanese Ambassador ENDO Kazuya paid a farewell call on President Ferdinand R. Marcos Jr. and First Lady Louise Araneta Marcos at Malacañang Palace today, marking the close of his diplomatic posting with warm exchanges and a top state honor.

Philippine trade deficit widens sharply in July

The Philippines’ trade deficit widened sharply in July as imports continued to outpace exports, with the country’s merchandise trade gap expanding by nearly 35 percent from a year earlier, according to the Philippine Statistics Authority.

Regional travel fair in BARMM drives ₱46.9M leads, showcases culture and investment potential

The Tourism Promotions Board (TPB) Philippines successfully gathered tourism stakeholders, industry buyers, and the public for the 18th Regional Travel Fair (RTF) in the Bangsamoro Autonomous Region in Muslim Mindanao (BARMM), held August 14–16, 2026, at the Alnor Hotel and Convention Center here.

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