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AirAsia PH plans deploying in 3Q as much aircraft as had flown pre pandemic

AirAsia Philippines on Wednesday announced plans to deploy more aircraft in a "reactivation" program it hopes to complete by the third quarter this year as it flies to more domestic and international destinations. 

Meralco identifies 1,200-MW South Premiere Power CSP offer as “best bid”

Manila Electric Co. or Meralco, the country’s largest power distributor, said Wednesday the South Premiere Power Corp. offer to provide 1,200 megawatts of power has been selected as the “best bid” among three others under the government-mandated competitive selection process (CSP).

Filinvest Development readies offer of 2.5Y bonds to raise P10 billion

Filinvest Development Corp., the diversified investment holding company of the Gotianun Group, said Wednesday it has secured regulatory approval for the issuance of peso-denominated, fixed-rate bonds that would initially raise as much as P10 billion to support the company’s various spending and investment requirements.

Crop losses attributed to the shear line exceeds P78 million 

Damage to the agriculture sector attributed to a weather phenomenon known as the shear line has reached P78.14 million, according to the Department of Agriculture (DA).

Defiant broadcast network ordered indefinitely suspended

The National Telecommunication Commission (NTC) on Tuesday placed Sonshine Media Network International, (SMNI) under an indefinite suspension order for defying an earlier 30-day suspension...

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ASEAN urged to tighten tobacco export controls 

The Association of Southeast Asian Nations (ASEAN) should tighten export controls and harmonize requirements for tobacco products to curb illicit trade that is costing governments billions in lost revenues, JTI Philippines (JTIP) said.

Eala falls to Anisimova, exits Cincinnati Open

Alex Eala had the perfect opening act in the Round of 32 in Cincinnati. Unfortunately for the Filipina tennis trailblazer, Amanda Anisimova had a better idea for the ending.

MPIC evaluates strategic terms for MRT-3 expansion PPP

Metro Pacific Investments Corp. is approaching the government’s proposed capacity expansion, operations, and maintenance public-private partnership for Metro Rail Transit Line 3 with measured financial caution.

Manila Water scouts new sources as East Zone demand rises

Manila Water Co. is looking beyond its current water sources as rising demand and climate risks push the East Zone concession toward a more diversified and resilient supply portfolio.

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