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.
Cebu Pacific has posted a strong 26.3 percent increase in passenger number for February this year, a result that exceeded expectations for a typically lean month. The airline carried 2.2 million passengers during the period, up from 1.72 million in the same month last year, driven by a significant boost in seat capacity.
A proposed P15.66 billion solar power facility in Barobo, Surigao del Sur will undergo public scoping on June 9, 2026, as announced by the Department of Environment and Natural Resources–Environmental Management Bureau (DENR-EMB). Developer Apolaki Four Inc. will present project details to the community and stakeholders during the consultation.
The Philippines' export sector is proving surprisingly resilient in an increasingly uncertain global economy, posting its 16th straight month of growth and giving trade officials fresh reason to double down on programs aimed at helping local exporters compete abroad.
Vietnamese President and Communist Party General Secretary Tô Lâm arrived in Manila on Sunday for a historic state visit aimed at deepening political, economic, and security ties between the Philippines and Vietnam as both countries navigate an increasingly complex regional landscape.
Japanese electronics manufacturer MinebeaMitsumi Inc. is pouring another P25 billion into its Philippine operations, reinforcing the country's position in the global semiconductor supply chain and creating an estimated 3,000 new jobs.