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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Cheaper power could unlock 161,000 jobs, World Bank says

Accelerating power sector reforms could slash electricity prices, create more than 161,000 jobs and lift about 730,000 Filipinos out of poverty by 2030, with the World Bank arguing that lower energy costs may be one of the country's biggest catalysts for faster and more inclusive economic growth.

AI can unlock globally competitive Filipino innovations, IPOPHL

Intellectual Property Office of the Philippines (IPOPHL) Director General Teodoro C. Pascua said artificial intelligence could become a powerful engine for transforming Filipino ideas into globally competitive products, provided innovation is matched with stronger protection of intellectual property rights.

Supreme Court ruling reels in Philippine seafood export risks

The Supreme Court's decision striking down Fisheries Administrative Order No. 266 has cast a wide net over the Philippines' fisheries sector, raising questions that reach well beyond the country's waters. 

Eala-Pegula finals match rescheduled 

After hours of weather delays, organizers of the Mubadala DC Open postponed the women's singles final between Alex Eala and Jessica Pegula to noon Monday (midnight Tuesday in Manila) to allow the championship match to resume under safer conditions. Play was repeatedly interrupted by rain, forcing officials to suspend action for the safety of players and spectators. World No. 3 and top seed Pegula rallied from an early 3-4 deficit to capture the opening set, 6-4. Eala responded by taking the first game of the second set and built a 2-1 lead before another downpour halted play once again. Organizers said Sunday’s tickets will be honored while 1,000 more will be offered to fans who want to watch the finals.

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