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.
Aboitiz Group is doubling down on energy privatization, arguing that private capital and operational expertise are essential to securing the Philippines’ power future. The position comes as a consortium led by Aboitiz formally took over the Caliraya–Botocan–Kalayaan (CBK) hydroelectric power plant, one of the country’s most strategic energy assets.
More than one in four Philippine jobs are now exposed to generative artificial intelligence, putting the country at the top of ASEAN economies with comparable data—and placing women squarely in the line of disruption.
NOW Corp., a listed company with interests spanning telecommunications, media, and technology, said it will elevate its case to the Court of Appeals after the Securities and Exchange Commission En Banc upheld a finding that the firm disclosed misleading information to the public.
One of the subsidiaries of ItalPilipinas Development Corp., a listed property developer, is preparing to tap the debt market to fund a new residential project.